Research On The Influence Of Earnings Management On Cost Stickiness

Enterprise cost management has been regarded as a "black box" by the academic community,because the management of the enterprise is an internal management behavior,as a corporate confidential is not announced,which makes the study of enterprise costs more difficult.Scholars based on a series of perfect assumptions to establish a traditional cost model,that the cost of business costs with the changes in the volume of linear symmetry.Baker and Johnston(1993),Noreen and Soderstrom(1997)and other scholars have found that the cost of business changes with the show is not a linear symmetry,unfortunately,they did not find the relevant empirical evidence.Anderson,banker and Janakiraman(2003)the use of US listed companies empirical evidence found that: the cost of business costs with the increase in the amount of business costs than the cost of decline in the rate of decline in the cost of changes in the cost of a non-symmetrical relationship,that is,the cost viscosity.This discovery is not only conducive to reveal the cost management of the "black box",but also for the study of enterprise management accounting and financial accounting opened up new ideas.With the study of the cost of stickers,it is found that the cost of stickiness is due to the agency problem of the enterprise,and the earnings management is the important form of the agent problem.The influence of the enterprise life cycle on the enterprise contract will be reflected in the surplus management,Which provides the idea for the study of the relationship between earnings management and cost stickiness in the enterprise life cycle on the basis of agent theory.Based on this,this paper examines the impact of the existence of cost stickiness,accrued earnings management on cost stickiness and the effect of accrued earnings management on cost stickiness under different enterprise life cycles.The results show that the cost of listed companies in China has a nonlinear symmetry relation with the change of business volume,which is consistent with the results of ABJ(2003),which shows that there is cost stickiness in China's listed companies.When there is accrual earnings management,Whether it is upward adjustment of corporate earnings ordownward adjustment of corporate earnings,will affect the cost of business changes,in particular,when the enterprise upward adjustment of the surplus will weaken the cost of corporate stickiness,when the enterprise downward adjustment of corporate earnings will strengthen Enterprise cost stickiness;different enterprise life cycle,accrual earnings management behavior on the degree of impact on the degree of viscosity differences,regardless of whether there is upward adjustment of earnings behavior or downward adjustment of earnings behavior,the growth and recession of the enterprise on the cost of sticky The degree of influence was higher than the maturity.The main contributions of this paper are as follows: First,according to the research of scholars in the past,this paper systematically divides the influence of the two kinds of accrual earnings management on the cost stickiness,which enriches the research of cost stickiness.Second,we examine the difference in the degree of stickiness caused by earnings management under different enterprise life cycles,which studies the characteristics of corporate stickiness.