TY - JOUR ID - 117898 TI - Do risk disclosure increase firms’ value? JO - Iranian Journal of Finance JA - IJF LA - en SN - 2676-6337 AU - Fasihi, Soghra AU - Hosseini, Seyed Ali AD - Ph.D. of Accounting, Faculty of Social Science and Economics, Al Zahra University, Tehran, Iran. 2. Faculty member of Accounting, Department of Management, Economics and Accounting, Payame Noor University, Tehran, Iran. AD - Assistant Prof., Department of Accounting, Faculty of Social Science and Economics, Alzahra University, Tehran, Iran. Y1 - 2020 PY - 2020 VL - 4 IS - 2 SP - 67 EP - 76 KW - Firm Value KW - Information Asymmetric KW - Risk disclosure DO - 10.22034/ijf.2020.232416.1132 N2 - Investors pay special attention to risk criteria in assessing the status of companies. So companies can help attract investment by disclosing important risks. So, it is expected that risk disclosure through decreasing information asymmetric between managers and investors can reduce uncertainty and lead to an increase in the companies' value. This paper studies the impact of risk disclosure on firm value in listed companies on the Tehran Stock Exchange. We used Miihkinen (2012) model to calculate our risk disclosure index. Firm Value is calculated through Tobin's Q variable. The statistical population of this study is all companies listed on the Tehran Stock Exchange from 2010 to 2016. The final selected companies are 59. We find that corporate risk disclosure has significantly and positively impact on firm value. That is, as the disclosure of risk increases, so does the value of the company. UR - https://www.ijfifsa.ir/article_117898.html L1 - https://www.ijfifsa.ir/article_117898_a2030f73bd190acfa811fe12a5880d06.pdf ER -