The relationship between R&D disclosure and corporate innovation with the mediating role of financing structure in companies listed on the Tehran Stock Exchange
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

The relationship between R&D disclosure and corporate innovation with the mediating role of financing structure in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors
1 Assistant Professor, Department of Accounting, Faculty of Humanities and Social Sciences, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran
2 Ph.D. Student, Department of Accounting, Faculty of Humanities and Social Sciences, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran.
Abstract
Abstract
The purpose of the present study is to investigate the relationship between R&D disclosure and corporate innovation with the mediating role of financing structure in companies listed on the Tehran Stock Exchange. This research is an applied research in terms of its nature and descriptive method and in terms of its purpose, and since in the current research the current state of the variables has been analyzed by collecting information through past information, it is in the ranks of descriptive studies. And it is included after the event. In the course of conducting this research, four hypotheses were formulated and 132 companies were selected through systematic elimination sampling for the 7-year period between 2016 and 2022, and the data related to the research variables were collected in Excel software using The results of the hypotheses test showed that there is a direct and significant relationship between the disclosure of research and development and corporate innovation. Also, research and development disclosure has a direct relationship with the company's financing structure. The financing structure has a direct relationship with the company's innovation. Finally, it was determined that by confirming the Sobel test, the financing structure has a mediating role on the relationship between research and development disclosure and corporate innovation.
Keywords: R&D disclosure, corporate innovation, financing structure
JEL classification: O32,O36,G23.
Keywords

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