Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana.

Kontesa, Maria and Brahmana, Rayenda Khresna (2018) Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. Asia-Pacific Management Accounting Journal (APMAJ), 13 (1). pp. 1-19. ISSN 2550-1631

Abstract

This study examines the relationship between cost stickiness and firm performance for a sample of 315 listed firms in Malaysia over 2010-2014. The estimation model is built based on previous empirical findings and the agency theory. It is tested using panel regression with the fixed effects model while controlling the Heteroskedasticity and autocorrelation problem. The results show the significant role of cost stickiness on firm performance confirming the alignment proposition of the agency theory. Our research further indicates that some of the managers focus on future projects instead of anchoring to past information due to certainfactors such as change in technology used, economis and politics, which is in line with the institutional theory.

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Kontesa, Mariamariakontesa80@yahoo.com
Brahmana, Rayenda Khresnaraye_brahm@yahoo.com
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management
H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Asia-Pacific Management Accounting Journal (APMAJ)
Journal: UiTM Journal > Asia-Pacific Management Accounting Journal (APMAJ)
ISSN: 2550-1631
Volume: 13
Number: 1
Page Range: pp. 1-19
Item ID: 29646
Uncontrolled Keywords: Sticky cost, ROA, Tobin’s Q, Performance
URI: http://ir.uitm.edu.my/id/eprint/29646

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