Research On Cost Stickiness Of Manufacturing Industry Listed Corporation

According to the traditional management accounting, the cost and the volume of business presents a symmetry linear correlation relationship. But in recent years, scholars at home and abroad found that, the traditional cost model is built on an idealized production and management environment, but there are a variety of internal and external factors influencing the cost of the enterprise. In addition, scholars also find that the relationship between the cost and the volume of business is not in strict conformity with linear correlation, but there is "sticky". Therefore, the concept of cost stickiness is put forward compared with the traditional "symmetric", it is "asymmetric" nonlinear relationship. Cost stickiness is that, the relative magnitude of an increase in costs for an increase in business volume is greater than the relative magnitude of a decrease in costs for a decrease in business volume. In other words, cost stickiness refers to when the costs with business volume changes, its marginal rates in different business volume change direction asymmetry. This is against the traditional cost model which assumes that costs increase or decrease equally with the volume of business increased or decreased. The research to cost stickiness is the inheritance and development of traditional cost research in management accounting.Since 2004, scholars at home gradually have paid attention to the cost stickiness. But the research field is still confined to analyze the existence of cost stickiness and its influencing factors. So in this paper, in view of the special nature of the market economy of our country and according to the different material controller, we divide manufacturing industry listed Corporation in our country into state-owned listed Corporation and non-state owned listed Corporation. Then we make a comparative study on cost stickiness of state-owned listed Corporation and non-state owned listed Corporation, and on the level of influence of ownership structure, asset structure and capital structure on Cost Stickiness in our country, in order to find the difference in cost management in the non-state owned listed Corporation and state-owned listed Corporation.