The Tightness Of Bank-Enterprise Relationship And The Cost And Expense "Stickiness" Behavior

In one of the most important concept in the traditional management accounting --cost behavior, refers to the cost and revenue relationship. In the traditional theory of cost behavior, cost and revenue present the linear relation. Thus study found that this linear relation is rare in the real business. Because the manager are influenced of internal and external factors. Whether the subjective factors or objective factors are difficult to fully meet the strict linear relationship. Recently, scholars put forward a new phenomenon-cost "sticky", cost changes less when revenue is down.The cause of cost "sticky" is no unified by now. A Study whick is widely recognized is Sun Zheng, Liu Hao (2004)’s three factors cause. The most influential one is "Opportunistic Behavior". Based on the agency theory and separation of two rights, managers’"Opportunistic Behavior" makes the managers still invest their resources when the revenue is falling.Although "Opportunistic Behavior" widely recognized, but the cause of it is still not mentioned in the past study.This paper found one of the most important resource—Bank Loan may cause the cost "stickness". Based on the "Opportunistic Behavior" if firm build Bank-Enterprise Relation, this relationship may increase the attention and supervision to this firm. So it can also prevent the "Opportunistic Behavior", thus preventing the cost "stickness".