Unsystematic risk, financing policy and financing behavior of companies in the TSE

This research aimed to investigate the unsystematic risk related to the financing policy and behavior of companies in Tehran Stock Exchange. For this purpose, 114 companies listed in the Tehran Stock Exchange from 2015 to 2021 were selected as the statistical sample. This research was correlation using descriptive methods for applied purposes. For data collection, field and library methods were used. The statistical method to test the hypotheses was panel/pooled data, using multiple regression analysis. The results indicated that unsystematic risk has a significant and negative relationship with the financing policies of companies. Also, unsystematic risk had a significant and negative relationship with the financing policy of companies in Tehran Stock Exchange. Also, unsystematic risk had a significant and negative relationship with the financing policy of companies in Tehran Stock Exchange.