Cost stickiness and the implications for future performance

Name: Cost stickiness and the implications for future performance
Brand: LAP Lambert Academic Publishing
SKU: 9783838324791
Price: 183.44 PLN
Availability: InStock

Evaluating the moderating effect of the investment opportunity set on the relationship between cost stickiness and future performance

Autor: Konstantinos Karatzias

Język:

Oprawa: Miękka

Wydawca: LAP Lambert Academic Publishing

Dostępność: Dostępna u dostawcy

Wysyłamy za 5-8 dni

183.44 zł

When firms face a decline in their activity level, managers are confronted with the dilemma of retai...

Informacje o książce

Autor

Konstantinos Karatzias

Język

Angielski

Oprawa

Książka - Miękka

Data wydania

2009

strony

EAN

9783838324791

Enbook ID

06982901

Wydawca

LAP Lambert Academic Publishing

Waga

Wymiary

150 x 220 x 3

Pełny opis

When firms face a decline in their activity level, managers are confronted with the dilemma of retaining unutilized resources or removing committed resources and incur adjustment costs to replace these resources when demand is restored. The decision to keep unutilized resources leads to cost stickiness, namely, the phenomenon when costs decrease by less percentage than the decrease in the activity level. Sticky costs can send a positive or negative signal about future performance depending on the reasons why costs are not adjusted as response to a decrease in the activity level. Managers will most likely keep excess resources if there are more profitable investment projects available in the future. Thus, this book examines the relationship between cost stickiness and future performance and whether this relationship is moderated by the Investment Opportunity Set, which measures the value of a firm's investment opportunities. While it is unclear whether cost stickiness affects positively or negatively future performance, the analysis should be beneficial to managers, financial analysts, auditors,governments and business researchers when assessing the consequences of cost stickiness.

Możesz być zainteresowany

Klienci, którzy kupili tę książkę, kupili również

Najczęściej wyszukiwane

Categories

Authors

Publishers

Produkty

Produkty

Najczęściej wyszukiwane

Categories

Authors

Publishers

Produkty

Produkty

Cost stickiness and the implications for future performance

Evaluating the moderating effect of the investment opportunity set on the relationship between cost stickiness and future performance

Informacje o książce

Pełny opis

Możesz być zainteresowany

Klienci, którzy kupili tę książkę, kupili również