Forensic Accounting Paradigm in Changing Approach to Risk Disclosure of Capital Market Firms: Development of Homology Theory to Symbolize Investors Perception

Development of capital markets, the dissemination of corporate risk information is considered as an important responsibility for companies in a competitive market that helps shareholders and investors to make more effective decisions in the market. But due to the lack of norms and companies' actions regarding risk disclosure, investors today are skeptical about the capital market. In this context, the development of perceptual symbols in investors in the form of cultural theories; Economic and social is considered as one of the dimensions of strengthening the court accounting model, which can help strengthen the attractive effectiveness of foreign investments in the capital market. The purpose of this research is Forensic Accounting Paradigm in Changing Approach to Risk Disclosure of Capital Market Firms: Development of Homology Theory to Symbolize Investors Perception. This research is applied in terms of purpose and descriptive-correlational research in terms of data collection due to the study of data related to a specific time period, the method of data analysis is cross-sectional and based on the method of path analysis/partial least squares. In this study, in order to measure the external variable, Forensic Accounting model, a standard questionnaire has been used and to collect data related to risk disclosure based on the two present criteria, the data of Tehran Stock Exchange companies have been used. The statistical population is 102 CEOs of companies listed on the Tehran Stock Exchange that were surveyed over a period of one year. After ensuring an acceptable fit of the measurement and structural models of the research, in accordance with the development of homology theory to symbolize the perception of investors, the results showed that the pattern of consolidation of court accounting has a positive and significant effect on the risk disclosure approach of capital market companies.