effects of financial strategy of cost management on the performance finance

marjan moshirehtesham¹ sedigheh tootian² alireza mirarab³

1) .student Department of manegment
2) 1 Assistant professor of Department of Accounting, College of Humanities, Tehran East Branch, Islamic Azad University, Tehran , Iran.
3) Assistant professor of Department of manegment

IOI Code : XYHC-BEFBB
Publication : 4th International Conference on Modern Research’s in Management,Economics & Accounting(4meaconf.com)
Abstract :
    Strategic cost management is deliberate decision making aimed at aligning the firm’s cost structure with its strategy and optimizing the enactment of the strategy. This study aimed effects of financial and non-financial strategy of cost management on the performance of Bank Saderat Iran. The population in this study consist of branches of Saderat Bank in west of Tehrn (N=32). A sample of 32 branches was determined using Morgan table. The questionnaire was designed to collect information on five dimensions: cost management strategy formulation, strategy setting and setting measurement principles, value chain analysis, structural cost management and operating cost management. Multiple regression analysis was used to analyze the data. The results showed that all study variables on financial and non-financial performance of the bank involved

Keywords : (strategic cost management) (financial performance) (operating cost management)