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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 5 Issue 5 pp. 481-486 , 2015

The effect of corporate disclosure policy on risk assessment and market value: Evidence from Tehran Stock Exchange Pages 481-486 Right click to download the paper Download PDF

Authors: Raziyeh Masalegooha, Mohsen Hamidian

DOI: 10.5267/j.msl.2015.3.006

Keywords: Corporate disclosure, Risk assessment, Tehran Stock Exchange

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.

How to cite this paper
Masalegooha, R & Hamidian, M. (2015). The effect of corporate disclosure policy on risk assessment and market value: Evidence from Tehran Stock Exchange.Management Science Letters , 5(5), 481-486.

Refrences
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Journal: Management Science Letters | Year: 2015 | Volume: 5 | Issue: 5 | Views: 2011 | Reviews: 0

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