Maedeh Jamal omidi - Department of Accounting ,Rasht Branch, Islamic Azad University, Guilan, Iran
Razye Ali khani - Assistant Professor of Accounting, Department of Accounting, Faculty of Management and Accounting, Chaloos Branch, Islamic Azad University, Chaloos, Iran

The main objective of this research is the experimental examination of the relationship between the financial leverage and positive encouragement of the managers. greater use of cost and thus greater leverage will cause an increment in business risk and financial risk. the company manager can control the risk caused by market leverage, but the level of this controldepends on the features of board like the compensation of the board managers.requiredinformation for the variables is collected from The financial statement and the boards report to General Assembly for 60 accepted company's in stock exchange during the period of 2010to 2014. The analysis of the data is done with multivariate regressions.The results of thisresearch indicates that there's a meaningful negative relationship between the market leverage and the compensation of executives.

financial leverage, positive encouragement of the managers