Popular host Stephen Colbert grilled the actor over the allegations that emerged after Franco's win at the Golden Globes.
Franco said allegations against him are untrue but he supports women for speaking out, reported Variety.
"There were some things on Twitter, I haven't read them. I've heard about them," Franco said when asked about his response to the claims on Colbert's chat show.
"The things that I heard were on Twitter are not accurate, but I completely support people coming out and being able to have a voice because they didn't have a voice for so long. So I don't want to shut them down in any way, and I think it's a good thing and I support it," he told the 'Late Night' show host.
Another woman, Sarah Tither-Kaplan, accused "The Disaster Artist" actor of exploiting her in a film she made for him.
Franco also addressed a vague and now-deleted tweet from Ally Sheedy, who he directed in a 2014 Broadway play.
"I have no idea what I did to Ally Sheedy... I had nothing but a great time with her. I have total respect for her. I have no idea why she was upset. She took the tweet down... I can't speak for her," he said.
Franco, like other artistes, wore a 'Time's Up' pin at the Globes red carpet and when Colbert questioned him on the current #MeToo and Time's Up campaigns, the actor said he fully supported them.
"First, I want to say that I do support it. Look, I was so excited to win but being in that room that night was incredible. It was powerful. I support change," he said.
The actor said he is someone who always takes responsibility for his actions.
"In my life, I pride myself in taking responsibility for things that I've done...
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