Sticky cost behaviour: evidence from small and medium sized companies
Dalla Via N
MetadataShow full item record
SubjectCost stickiness; Cost behaviour; Cost asymmetry; Small and medium sized companies; Italian firms
This paper investigates whether cost stickiness occurs in small and medium sized companies using a sample of Italian nonlisted and listed firms during the period 1999-2008. Our findings show that cost stickiness emerges only for the total cost of labour and not for selling, general and administrative (SG&A) costs, cost of goods sold and operating costs. Stickiness of operating costs is only detected in a sample of listed companies. We further contribute to the literature on sticky cost behaviour by discussing critical issues associated with the extant approach of empirical analysis and interpretation of sticky cost behaviour.
Showing items related by title, author, creator and subject.
Sciascia S; Nordqvist M; Mazzola P; De Massis A (2015)Research was largely consistent in predicting a negative relationship between family ownership and research and development (R&D) intensity until Chrisman and Patel, using a behavioral agency model (BAM), called this general ...
De Massis A; Kotlar J; Campopiano G; Cassia L (2013)In this study we investigate how the dispersion of family ownership among family members affects the performance of small-to-medium-size family firms. Based on agency theory and prior research on family firms, we develop ...
Firm Philanthropy in Small- and Medium-Sized Family Firms: The Effects of Family Involvement in Ownership and Management Campopiano G; De Massis A; Chirico F (2014)Drawing on stewardship theory and arguments in relation to social and reputational capital, this study investigates how family involvement affects engagement in firm philanthropy in small- and medium-sized family firms. ...