Investigating the effect of Tax Avoidance and Company Risk on Volatilities in Stock Returns

This study investigates the effect of tax avoidance and firm risk-taking on volatilities in stock returns of companies listed on the Tehran Stock Exchange. In order to achieve the research goal, a sample of ۱۰۹ companies during the period ۲۰۱۱ to ۲۰۲۰ was selected. In order to test the research hypotheses, the linear regression model in the form of panel data was used. Findings show that tax avoidance has a positive and significant effect on stock return volatilities and also, firm risk-taking has a positive and significant effect on stock return volatilities.

کلیدواژه ها:

stock return volatilities ، tax avoidance ، company risk-taking.