The performance evaluation of different models to measure the economic value of organization capital and sticky behavior of selling, general and administrative expenses Tehran Stock Exchange (A Case Study of Basic model, Anderson model and Extended model)

Subject Areas : Management Accounting

Naghi Fazeli ¹ ( استادیار و عضو هیات علمی گروه حسابداری ، دانشگاه آزاد اسلامی واحدسمنان،سمنان، ایران. )
Zahra Taheri ² ( دانشجوی دکترای حسابداری، دانشگاه آزاد اسلامی واحد سمنان ،سمنان، ایران. )

Received: 2015-11-20 Accepted : 2016-05-04 Published : 2017-03-21

Keywords: intellect capital, organizational capital costs s, adhesion behavior,

Abstract :

One of the basic assumptions of management accounting shows that costs increased and decreased activity level changes as appropriate. Cost sticky phenomenon is an alternative model for the behavior of costs, that play a role in decisions on resource management. The data sample included 71 firms listed in Tehran Stock Exchange for the period 1392-1387. The economic value of our organizational capital firms calculate quartile. Thus, companies that are in the first quarter, companies with low organization capital and companies that are in the fourth quartile companies with high organization capital. The data sample of 18 companies per quarter remains. Then, for each group of companies stickiness model cost Anderson and et al (2003) developed a model adhesion Price Chen et al (2012) is estimated. To analyze data and test hypotheses and data combined from multiple regression model is used. The results show that firms with high corporate capital (low), with a cost of sales, general and administrative expenses sticky behavior (anti-sticky). Also, our findings suggest that decisions about allocating resources to the development of intangible investment and increase the cost of the sticky.

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