نوع مقاله : مقاله پژوهشی
نویسندگان
1 دکترای حسابداری، عضو هیئت علمی گروه حسابداری دانشگاه اصفهان (مسئول مکاتبات)
2 دانشجوی دکترای حسابداری، واحد علوم و تحقیقات اصفهان، مربی گروه حسابداری دانشگاه آزاد اسلامی، واحد سیرجان
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
If when sell is increasing, general and administrative expenses (SG&A) are out of the management control and there is not purpose for the expenses, it can show inefficient management and will have a negative effect on future profitability. Inversely, if these expenses are under control and following a purpose, by creating intangible assets and cost stickiness justification, its increasing can indicate positive effect on future profitability, thus SG&A will have information content. The research assessed information content of SG&A ratio assessed by its effect on the indicators: future operating earnings per share, sell, cost of goods sold and operating efficiency. The research is based on the 100 active firms listed on Tehran Stock Exchange (TSE) for the period 1380 to 1389 and Fama-MacBeth (1997) regression and the Results show a significant relationship between SG&A and the indicators.
کلیدواژهها [English]