Examining the Relationship between Quality of Accounting Information and Risk Criteria in Tehran Stock Exchange
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

Examining the Relationship between Quality of Accounting Information and Risk Criteria in Tehran Stock Exchange

Authors
Abstract
The main goal of this research is examining the relationship between quality of accounting information and risk criteria of stock in Tehran stock exchange. So the financial information of 56 listed companies that their required information was available during the research period (1378-1389) was analyzed by Structural equation modeling. In the research, the quality of financial information was quantified according to the qualitative features of information (relevance and reliability) and for measuring stock risk, 3 variables includes of systematic risk, stock return volatility and book value to market value were used. The results show that an increase in quality of financial information leads to the less risk criteria of stock. In other words, the relationship between quality of financial information and risk criteria of stock is negative.
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