Title of article
The effect of corporate disclosure policy on risk assessment and market value: Evidence from Tehran Stock Exchange
Author/Authors
Masalegooha، Raziyeh نويسنده Department of Management and Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran , , Hamidian، Mohsen نويسنده Assist. Prof. & Faculty Member, Department of Accounting, School of Management and Accounting, South Tehran Branch, Islamic Azad University (IAU), Tehran, Iran ,
Issue Information
ماهنامه با شماره پیاپی 41 سال 2015
Pages
6
From page
481
To page
486
Abstract
This paper investigates the role of corporate disclosure policy on risk assessment and market value on selected firms from Tehran Stock Exchange over the period 2004-2012. The study considers four risk namely; business risk, cash flow risk, financial risk and systemic risk. Using regression analysis with panel data under fixed effect, the study shows that there was a meaningful relationship between two risks, business risk and systematic risk, and market value before and after corporate disclosure. In other words, after corporate disclosure, the relationship between risk and market value becomes stronger.
Journal title
Management Science Letters
Serial Year
2015
Journal title
Management Science Letters
Record number
2002934
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