Comparing Ability Anderson and Weiss criterions in Determining the Effect of Depreciation Expenses on Sticky of Economic and Operating Expenses

Document Type : Original Article

Authors
Roghayeh Azadmanesh 1
Zahra Pourzamani 2
1 Master of Science of Accounting, Electronic Branch, Islamic Azad University
2 Associate Professor, Central Tehran Branch, Islamic Azad University
Abstract
The main goal of this research is to compare sticky operating costs, economic costs and the effect of depreciation expenses of emergence of costs stickiness phenomenon among firms accepted in Tehran Stock Exchange. We used the pattern devised by Anderson et al., linear pattern devised by them and Weiss’s firm-level criterion for testing hypotheses. Research hypotheses have been based on a statistic sample including 91 firms during 11 years from 2004 to 2014 and tested using multivariate regression patterns and general combined data stratification. Results of this research using pattern devised by Anderson and et al., indicated that operating costs are significantly stickier than economic costs. Moreover, operating costs after deducting depreciation are less sticky than operating costs before deducting depreciation. Results using the linear pattern devised by Anderson et al., aren’t significant. According to firm-level criterion devised by Weiss, there isn’t also significant difference between operating costs and economic costs as well as operating costs after deducting depreciation and before deducting depreciation costs regarding their stickiness.
Keywords
costs stickiness
information asymmetry
Economic Costs
Operating Costs
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