Evaluating the performance of company risk disclosure on improving the decision-making power of investors using hierarchical analysis technique(AHP)

Abstract

Researchers have traditionally focused more on the quantity of company information disclosures, but in recent years, the quality of the information disclosed is more important than their quantity. On the other hand, the primary purpose of financial reporting is to provide useful information to stakeholders in relation to the conditions of the company to help investors' economic decisions, which is a function of the quality of the information provided by companies. Therefore, in the present study, by examining the opinions of experts and using the process of hierarchical analysis technique, the weight and importance of risk information disclosure criteria at three different levels (general, company specific and industry specific) were extracted in comparison, then by prioritizing them, Compatibility rate was calculated. Using statistical methods of two-way analysis of variance within the subject, it was concluded that there is no significant difference between the effect of risk information disclosure criteria on corporate investors' decision making.