Explaining the effect of political and moral dimensions of management behaviors on the level of risk disclosure in annual financial reporting in companies listed on the Tehran Stock Exchange

The purpose of this study is to investigate the effect of political and moral dimensions of management behaviors on the level of risk disclosure in annual financial reporting in companies listed on the Tehran Stock Exchange. In this study, five indicators (managers 'optimistic behaviors, managers' short-sighted behavior, manager's agency behavior, profit management and political cost due to management behavior) have been used to examine the political and moral dimensions of management behaviors. For this purpose, hypotheses were compiled and information related to companies listed on the stock exchange for the period between 1388 to 1397 was reviewed and analyzed. The statistical population of the study, according to the conditions for selecting the sample, included 140 companies that were selected by systematic deletion method. The research regression model was investigated and tested using panel data method with fixed effects approach. The results showed that among the political and ethical dimensions of managerial behavior, optimistic behavior of managers, managerial agency behavior, profit management and political cost resulting from management behavior by reducing the transparency of the reporting environment reduces risk disclosure in annual financial reporting. On the other hand, the results confirm that managers' short-sighted behavior does not have a significant effect on the level of risk disclosure in annual financial reporting.