The Effect of Personal Incentives Managers on Costs Asymmetric in Tehran Stock Exchange

Normal 0 false false false EN-US X-NONE FA MicrosoftInternetExplorer4 The fundamental assumption in cost accounting is that expense changes in relation with increase and decrease in level of activity is symmetrical. But recent research shows asymmetric behavior of the costs when demand fluctuations. In this study، costs stickiness by taking consideration traditional factors، namely economic factors affecting sticky costs، personal motives of managers in the effective agency factors of the costs asymmetry، are test. A sample of 100 companies was selected having features proposed in this survey during from 1379 to 1389. The results suggest a significant impact of agency variables on asymmetry of selling، general and administrative (SG&A) costs. Hence the asymmetry of Costs due to the agency problem is positively related with personal motivations and empire building of managers.