Evaluate the relationship between voluntary disclosure of risks in the annual report for investors to predict future returns

hamed akbarzade¹ amir hossein karbalaee karim²

1) islamic Azad univercity of
2) University of Esfahan,iran- email:

IOI Code : XYHC-BEGEK
Publication : 4th International Conference on Modern Research’s in Management,Economics & Accounting(4meaconf.com)
Abstract :
    The aim of this study was to determine the relationship between voluntary disclosure risk and stock returns in general terms and also in terms of the market s boom and bust market. In this regard, stock returns as dependent variable and risk disclosure, disclosure of risks in terms of market downturn and a boom in the market risk disclosures are defined as main independent variables and variable profit margin, leverage, firm size, profitability, growth rate of total log book value of assets and book value are defined as independent variables Shdhand.thqyq intended purpose for an applied research. Tkyhbr in terms of research design for historical information, the event and the inductive inference method and the correlation Mybashd.thqyq have included a main hypothesis and sub-hypothesis is two. The study population study of listed companies in Tehran Stock Exchange over a period of five years (1393-1389) is., the researchers used statistical techniques using software Eviews has attempted to analyze the questions and assumptions. The results of the regression estimates suggest that between voluntary disclosure and market risk and stock returns in general terms there is a market in recession.

Keywords : voluntary disclosure of risk return to boom and bust market