The Cost Stickiness Phenomenon: Causes, Characteristics, and Implications for Fundamental Analysis and Financial Analysts' Forecasts (Paperback) (ISBN-13: 9783834941305)

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 sales rise. Daniel Baumgarten comprehensively analyzes the cost stickiness phenomenon by discussing its development and all relevant findings presented in the research literature. Furthermore, he provides several suggestions for future research and discusses important implications of cost stickiness for fundamental analysis and analysts' forecasts by means of two comprehensive empirical analyses.

Author: Daniel Baumgarten
ISBN-10: 3834941301
ISBN-13: 9783834941305
Publisher: Gabler Verlag
Language: English
Published: 04/27/2012
Pages: 105
Format: Paperback
Weight: 0.37lbs
Size: 8.27h x 5.83w x 0.28d