Analysis of the effect of transparency of financial reporting on risk of accepted companies in Tehran stock exchange

In this study, a comprehensive analysis on the effect of the risk of transparency of financial reporting of accepted companies in Tehran stock exchange was conducted during the period of 2011 to 2015. Financial reporting transparency was considered as independent variable and the risk as dependent variable and size, financial leverage, current ratio and return on assets are considered as control variables. To measure the transparency of financial information the disclosure quality score and the information provided by the stock exchange are used. In this study the risk variable is calculated and tested using systematic risk(beta). In order to perform calculations and preparation of the data and information needed for this research and also the analysis Excel and Eviews software were used. Using linear regression and panel data model, the hypothesis was tested, the meaning fullness results were based on the processed regression equation which showed that the transparency of financial reporting has no significant effect on risks of the accepted companies Tehran stock exchange.