Empirical Research of the Cost Stickiness Behavior under Opportunism Incentives
Abstract:
Cost stickiness is an important economic phenomenon and an
important factor that affects the business performance. Based on the classical
Change Model of Anderson et al. (2003), this study analyzes and examines
the impact of equity nature and the opportunism incentives from the management
on the cost stickiness of listed companies in China. One of the features of
this study is that it analyzes the influence of opportunism incentives on cost
stickiness from the perspective of equity nature. According to the research
results, the phenomenon of cost stickiness exists in most of the listed companies
and the existence of opportunism incentives intensifies the cost stickiness
behavior. Meanwhile, compared with the non-state-owned listed companies, the
cost stickiness behaviors that happened in the state-owned companies are more
serious, and thus are more likely to be influenced by the opportunism incentives.
How to cite this article
Fengru Xi, Xiaoting Liu, Qian Wang and Mengmeng Liang, 2013. Empirical Research of the Cost Stickiness Behavior under Opportunism Incentives. Information Technology Journal, 12: 5281-5285.
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