| The word of cost stickiness was firstly advanced by Anderson.S, the main purpose of research is reinforce of cost’s management and control. Under the traditional cost model, the cost is simply linear related to business volume, cost increases equals to it decreases in response to equivalent to when business volume changes, it behaves like “cost stickiness”. But more and more scholars found that the marginal rate of cost change with business volume is not equivalent. The cost rises when business volume increases is greater than the cost declines when business volume decreases, presented the phenomenon of asymmetric stickiness. Traditional cost behavior model can’t guide management team to analysis、plan and budget cost objectively. That suggested us base on the present situation and make research of cost behavior on a new perspective. The research of transportation is not only has theoretical significance, but only has practical significance.With the high development of cost stickiness research both in domestic and overseas, the content of study begin to relate to a wide range of industries including medical industry、manufacturing、medical care and health services. But the research of the cost stickiness of transportation industry limited companies has not appeared in public. By using ABJ model, taking 25 listed companies of transportation industry in China as the study objects, and taking the main operating revenue and main operating cost during 1994 and 2013 as samples, the existence、features and industrial differences of cost stickiness of the transportation industry listed companies was inspected. The article has four parts. The first part is the introduction of the article. The main content of the part is the detailed introduction of the article’s research significance、framework、innovation and applied method. The second part is the literature review of cost stickiness, it compares the difference between domestic research and overseas research, and made a conclusion about the current state of research. The third part is the study design of transportation cost stickiness, it raise hypothesis for the cost stickiness of transportation limited companies, and get the inspection results. The last part is the analysis and conclusion of research findings, and make suggestions to our current transportation status.The findings shows :⑴the total cost of transportation industry has obvious cost stickiness. ⑵but following with the prolonging of examining account years, the stickiness was further intensified in first 3 account years, which was inconsistent with the reversibility characteristics of the stickiness. When examining 4 account years, the increase of main business income causes the increase of cost, which was same with that the decrease of main business income causes decrease of cost, that means the cost “anti-sticky” was existed. ⑶ the failed passing of reverse inspection on the cost sticky of transportation industry means the transportation industry in China has no obvious cost adjustment measures on the change of market demand in short term. ⑷different industries behaves different cost habit characteristics. Among all of them, air transportation has the most significant cost stickiness, railway transportation behaves weak cost stickiness, the inspection of road transportation’ cost stickiness has failed passed, waterway transportation behaves cost anti-sticky.Compared with other companies, the fixed asset takes a great proportion in transportation companies, it is a capital-intensive industry. The cost construction is very particular, so it is not realizable to wipe off the phenomenon of cost stickiness. Management team should control the variation in a certain range. The research of cost stickiness variation and features can give management an insight to the cost variation regularity, and make a right decision about asset management、optimize asset structure. Then the operating cost can be rational budgeted and controlled, the resources can yield the maximum utility in a confined range. |
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