The Influence Of Industry Difference On Administration Cost Stickiness

Cost controling is an important content of management accounting, which has been a focus of the academic and practice, and the cost stickiness gives people a new perspective and ideas to respect and understand the changing regulation of cost. Although the scholars at home and abroad studied a lot on cost stickiness, which is mainly focused on the existence, causes and influence factors of the cost stickiness, few scholars refined the research object for cost stickiness of a specific project, and studied different industries and industry characteristics.In view of this, this thesis attempts to reveal administration expense stickiness by using the method of large sample empirical test and studies the essence of the administration expense stickiness differences in different industries.The research content that is going to be introduced is divided into six parts totally. At first, this thesis discusses the selected perspective of this topic and the research content in the introduction part, and then introduces the logical framework and research methods of this ariticle in detail, and also puts forward the innovation of this article in this part. The thesis sets the literature review in the second part, reviewing the studies of scholars both at home and abroad from two angles of the administration cost stickiness literature reviewing and the action mechanism of industrial differences to administration expenses stickiness. The third part introduces the theory analysis, which include the market competition degree, capital intensity, staff intensity and capacity utilization degree, through three ideas of the resources adjustment costs theory, the principal-agent theory and managers optimistic theory to analyze the influence of four industrial characteristics on administration expense stickiness, and makes the theoretical support for the later empirical research. Study design part is the fourth part in this article, the thesis chooses the company data of Chinese Shanghai and Shenzhen stock exchange listed in2007～2012, and finally selects6140samples of administration stickiness to deeply test them. The fifth part is to analyze empirically, and this part chooses the administration expense stickiness of Chinese companies as the research object, use the traditional ABJ model and modifiy some details on the basis of it to test the industrial differences of administration expense stickiness empirically. The thesis also tests the influence of industries characteristics, and finds the administration expense stickiness exists significant differences between industries. The end of this article is the conclusion of the whole research, the thesis puts forward some targeted suggestions and enlightenments, at the same time, the shortcomings of this research are summarized.The results has proved that administration expense stickiness truly exists in China, and the administrative expenses stickiness is common in various industries, but its performances in various industries are different. The influences of industrial characteristics on administration expense stickiness are different between the industries, such as the market competition degree weakens the administration expenses stickiness, with the higher market competition degree, the smaller administration expenses stickiness. Capital intensity and staff intensity increase administration expense stickiness, with the higher intensity, the higher administration expenses stickiness. Administration expense stickiness will strengthen as capacity utilization degree rising.The innovation of this article lies mainly in the following two points:first, the perspective of this article is based on administration expense, and study the influence of industry difference on administration expense stickiness, which use empirical method to study the administration expense stickiness by the way of researching the industrial characteristics differences in detail. Second, this thesis breaks through the limits of existing literatures which are only the general study of the influence factors of administration expense stickiness. Based on industry difference, this article takes market competition degree, capital intensity, staff intensity and capacity utilization level into consideration, and builds a reasonably logical framework of studying administration expense stickiness.