The Relationship between Representation Cost and Company Growth

The purpose of this research is to investigate the cost of representation and growth of the company in the years companies were admitted to Tehran Stock Exchange. In this research, company growth is shown with two variables: asset growth and sales growth. With a sample of 168 companies during the years 1389-1393, the hypotheses of the research have been analyzed with the help of generalized least squares regression methods. The results of this research indicate that the cost of representation has a significant relationship with asset growth and company sales growth. Also, this research shows that company size and dividend policy have a significant effect on asset growth and sales growth.