The current research studies the relationship between disclosure quality and the stock price in the Tehran stock exchange. In this research, the disclosure quality has been calculated using Jensen's method. Also, a survey was carried out in 29 companies, from the list of accepted companies at the Tehran stock exchange, which offered the information for a 5-year period from 2005 to the end of 2010. The main hypothesis of this research is that there is a significant relationship between the disclosure quality and stock price in the Tehran stock exchange, and regression has been used for testing this hypothesis. After general and annual testing of the data, the test error was more than 5%, which means that the test was not significant at any level; so, we can say with confidence that no significant relationship between the variables was found.
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