Risk management and stock price synchronization

Today, risk management is of great importance in such a way that it affects important market variables such as the simultaneity of stock prices. The purpose of this research was to investigate the relationship between risk management and stock price synchronization in listed companies. The relevant research is applied and correlational. The information related to 122 companies in the time period of 2015-2019 (separating the pharmaceutical industry, cement and all selected industries) have been analyzed to investigate the relationship between the variables to test the research hypothesis. The collected data were calculated using Excel software and analyzed with 18Spss and 6Eviews software. The findings showed that risk management has a significant relationship with the coincidence of stock prices of listed companies in general and in both the pharmaceutical and cement industries. Considering the increase of existing risks in the last decade, this research is beneficial for investors and financial analysts.