Abstract
This paper examines the existence of cost stickiness in total costs, operating costs, selling expenses and general & administrative expenses by using our modified model based on the ABJ model. With the analysis of accounting data during 2008 to 2011 from 1192 Chinese A-share listed companies, we find: (1) Total costs, operating costs and general & administrative expenses are sticky; (2) Selling expenses are anti-sticky; (3) The cost stickiness would converse in the subsequent period, but whether they would fall in the long time window is unclear.
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Acknowledgment
This work was supported in part by a grant from the National Social Science Foundation of China (11CGL062) and the Fundamental Research Funds for the Central Universities of China (2012jdhz17).
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Xu, Ly., Wang, Fj., Hu, Yh. (2015). Empirical Research of Costs Stickiness Behavior in Chinese Manufacturing Listed Firms. In: Qi, E., Su, Q., Shen, J., Wu, F., Dou, R. (eds) Proceedings of the 5th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2014). Proceedings of the International Asia Conference on Industrial Engineering and Management Innovation, vol 1. Atlantis Press, Paris. https://doi.org/10.2991/978-94-6239-100-0_66
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DOI: https://doi.org/10.2991/978-94-6239-100-0_66
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