Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

The relationship between venture capital investment, risk disclosure and cross-sectional stock returns

Document Type : Original Article

Authors
1 Master's degree student in Accounting, Islamshahr Branch, Islamic Azad University, Islamshahr, Iran.
2 Assistant Professor, Accounting Department, Islamshahr Branch, Islamic Azad University, Islamshahr, Iran.
Abstract
The present study examines the relationship between venture capital investment, risk disclosure and cross-sectional stock returns. This study is an applied study in terms of its nature and descriptive method and in terms of its purpose, and since in the present study the current state of variables has been analyzed using information collection through past information, it is included in the category of descriptive and post-event studies. In the course of conducting this study, two hypotheses were formulated and 147 companies were selected through systematic exclusion sampling for a 9-year period between 1394 and 1402. After collecting the data on the research variables, they were analyzed in Excel software using Eviews statistical software version 10. The results of the hypothesis test showed that there is a significant direct relationship between venture capital investment, risk disclosure and cross-sectional stock returns.
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