Check the relationship between intellectual capital and non-systematic risk in the Tehran Stock Exchange

Ahmad Askari¹ Abbas Taleb Bidokhti²

1) Master ُStudent of Business Administration, Science and Research University of Kohgiluyeh and BoyerAhmad, Iran
2) Faculty Member of Islamic Azad University of Gachsaran, Iran

IOI Code : XYCG-AEBDC
Publication : international conference of Management Elites(icme.ir)
Abstract :
    The main objective of this study was to investigate the relationship between intellectual capital and idiosyncratic risk during the period 1389 to 1393 was in Tehran Stock Exchange. In the first study identified variables that were used to assess the independent variable Pulic model and to analyze the information, the data obtained from the application of new achievements, to calculate the variables, is used by Excel software . To test this hypothesis the data software to help EVIEWS descriptive statistics and inferential analysis, correlation analysis was performed. The 136 companies selected were considered active exchange. The results of the test research hypotheses using multiple regression techniques for basic assumption has been made. The main hypothesis of research that explores the relationship between intellectual capital and non-systematic risk in Tehran Stock Exchange during the years listed pays a significant negative relationship between intellectual capital and non-systematic risk in the stock news.

Keywords : intellectual capital non systematic risk tehran securities exchange