Research Of The Managerial Opportunistic Behavior’s Influence On Cost Sticky

In recent years, the research on cost performance show that in most enterprises changes in costs and incomes are asymmetric. Especially when incomes decline, the decline in costs in limited and cost stickiness phenomena are common. A clear understanding of the factors that influence the cost stickiness is helpful to cost analysis and management, ensuring the quality and authenticity of the profits and the effectiveness of financial data and at the same time, making the external investors better understand the company’s internal cost strategy.Meanwhile, in recent years, the opportunistic behavior of managers is not uncommon in the operation of the company and the impact is also increasingly obvious. Information between shareholders and management is asymmetric. Agency issues are outstanding. Management often takes advantage of his position to carry out excessive investment, get perquisite consumption and independent choice of accounting policy and other opportunistic behavior for personal gain. And this series of self-interest is whether the research costs related to the company’s shape has no effect will be to explore.So in order to treat the problem of Cost Stickiness more dialectical and scientific, this paper focuses on the theme of the influence of opportunism behavior of managers on the cost stickiness. Combined with corporate governance, opportunism behavior and the related theory of Cost Stickiness, from the three aspects of over investment, in the job consumption, the accounting policy choice, the paper mainly talks about analysis on the mechanism of the influence of opportunism behavior on Cost Stickiness, conducting an empirical research on the sample of A listing Corporation in China in 2010-2014. The results shows(1) the manager’s over investment and on-the-job consumption and accounting policy choice behavior and enterprise’s cost stickiness is a significant positive correlation, namely opportunistic behavior management will cost stickiness of the enterprises to significantly increased.(2)Compared to the non state-owned enterprises, managers’ over investment, on the job consumption, and the accounting policy choice behavior, the Cost Stickiness of state-owned enterprises is more obvious, and the degree is more intense.(3)when depart the total cost into cost of good sold and selling general& administration, the infection reflects different.(4) when the viscosity of the cost appears to be reversed, even when the cost is anti- cost, the opportunism behavior of managers will not affect the level of viscosity.Finally, according to the empirical results, this part puts forward the relevant policy recommendations from the point of view of the enterprise internal and external supervision and management institutions.