The Cost Stickiness Phenomenon Causes, Characteristics, and Implications for Fundamental Analysis and Financial Analysts’ Forecasts /

• Main Author: Baumgarten, Daniel (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Gabler Verlag, 2012.
• Series: Quantitatives Controlling
• Subjects: Business.; Accounting.; Bookkeeping.; Business and Management.; Accounting/Auditing.

Understanding cost behavior is a fundamental element of cost accounting and the management of a firm. Deviating from the traditional assumption of symmetric cost behavior, numerous recent research studies show that costs are sticky, that is, they decrease less when sales fall than they increase when...

Table of Contents:

• The Cost Stickiness Phenomenon
• Cost Stickiness and the Information Content of the SG&A Ratio
• Cost Stickiness and Analysts' Implied Forecasts
• Concluding Remarks.