Management fees in the cost of enterprises accounted for a significant proportion, and with the price system and wage system reform, enterprise management costs were rising. China's accounting standards on the management costs of the treatment will be considered during its costs, directly included in the profit and loss account in the current period, Chongjian current profits. High and low level of management fees, direct impact on business current level of profits. Therefore, control costs during the figures, in fact, an increase of corporate profits. Management control is the cost of business an important part of cost control, strengthen the management of the budget and the cost of day-to-day management, reduce costs, improve unit profitability is an important way. This paper first with the management of costs covered by the subjects and their impact factors of theoretical analysis, and then to the United States and the electrical listed companies from 2003 to 2007 Annual Report as an example, since its listing on the management fees and structural changes in trends and The impact of relevant factors, and calculate their share in operating profit, operating margin, net assets, the net assets per share targets. As the management concluded the . costs of the operation and management of electrical and sustainable level of growth brought about by the ability of the impact, and reveals the listed companies can achieve through the optimization of management fees and increased the company's operating profits and sustainable development.