ISSN: 2222-6990
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The study aimed to demonstrate the impact of board characteristics on asymmetric cost behavior in Iraqi private non-financial companies listed on the Iraq Stock Exchange. The study relied on a sample of 35 companies for the period 2010 to 2022. We used Stata to analyze the data and extract the results. The study found that board diversity and board busyness have a negative impact on asymmetric cost behavior. The relationship also showed a positive interaction for the accounting experience as a moderator. The study provides a comprehensive framework for decision-makers and regulators, detailing the ways managers can influence cost behavior asymmetrically and how corporate governance mechanisms can mitigate such interventions. Furthermore, the study demonstrates the impact of managerial incentives on cost behavior.
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