The effect of social responsibility disclosure on the relationship between managers' overconfidence and the risk of stock price fall

The present study examines the effect of social responsibility disclosure on the relationship between managers' overconfidence and the risk of falling stock prices. This research is practical in terms of purpose, and from the point of view of correlation methodology, it is of causal type (post-event). The statistical population of the research is all the companies admitted to the Tehran Stock Exchange, and using the systematic elimination sampling method, 122 companies were selected as the research sample in the 6-year period between 2015 and 2015. The method used to collect information is a library, and the relevant data for measuring the variables were collected from the Kodal website and the financial statements of the companies, and basic calculations were made in Excel, then Stata software was used to test the research hypotheses. The results of the research show that there is an inverse and significant relationship between overconfidence through capital expenditures and the risk of falling stock prices. There is an inverse and significant relationship between the disclosure of social responsibility and the risk of falling stock prices.