The moderating role of corporate governance on the relationship between financial risk and cost of goods sold stickiness

Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

Cost behavior plays an important role in the growth of sales and profitability of the company, and its effect on users' decision-making and determining the value of companies has made researchers pay attention to the asymmetric cost behavior again. The current research was conducted with the aim of investigating the moderating role of corporate governance on the relationship between financial risk and the stickiness of the cost of goods sold. The data of this study was collected from the audited annual reports of 128 manufacturing companies admitted to the Tehran Stock Exchange during the years 2013 to 2022 with a total of 1280 company-year observations, and the structural equation model approach was used to present the model. The findings showed that the cost of goods sold in the studied sample has a sticky behavior and financial risk and corporate governance have a positive and significant relationship with the stickiness of the cost of goods sold and also corporate governance moderates the relationship between financial risk and stickiness of the total price. The product has been sold. The results of the study can be useful for managers in order to understand cost behavior for planning, controlling and reducing costs, as well as for financial analysts and investors to evaluate the performance of companies and finally make investment decisions.

Language:
Persian
Published:
Journal of Financial Accounting Research, Volume:15 Issue: 2, 2023
Pages:
1 to 32
https://magiran.com/p2716920  
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یک‌ساله به مبلغ 1,390,000ريال می‌توانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
  • حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران می‌شود.
  • پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانه‌های چاپی و دیجیتال را به کاربر نمی‌دهد.
In order to view content subscription is required

Personal subscription
Subscribe magiran.com for 70 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!