The Cost Stickiness Of Chinese Transport Industry

The study of cost stickiness has been one of the hottest frontiers in the financial field in r ecent years.What is the cost stickiness? It means that the cost increases with the fluctuation o f the business volume,the marginal rate of change in the cost of business volume up or down when the asymmetry is displayed,that is,when the increase in business growth rate was signif icantly higher than the cost of decline When the time.However,according to the assumption of traditional cost theory,there is a linear relationship between the change in business cost an d business volume,that is,the cost ratio is symmetrical with the change of business volume.It can be seen that the emergence of cost stickiness is not consistent with traditional theory.Presently,the main explanations for the causes of the formation of the Cost Stickiness in clude: the cost of resource adjustment,the expectations of the management for the future,and the agency problem.However,the theory ignores the management of allocation of resources motivation,management for performance considerations,often easy to fall into the self interes ts rather than strive to enlarge the enterprise value maximization of the circle,so the agency pr oblem of cost stickiness is increased or decreased is depends on the specific situation.It isn't f irm value to make mangers decide what ways that add their interest benefit,but incentives.S o,The element what enhance or recede cost stickiness is circumstances.So,this paper chooses the listed companies of the transportation industry as the empirical research object from the perspective of earnings management.First of all,Chinese listed tran sportation companies cost stickiness to carry out inspection and analysis;secondly,to avoid lo ss of motivation and motivation is divided into losses to the motivation of earnings manageme nt,the big bath motivation and motivation is divided into profit smoothing down the motivati on of earnings management,and then discuss the impact of the cost of transportation industry of viscous;finally,the Cost Stickiness field worth continuing exploration prospect.The study can not only complement the traditional cost theory,provide a realistic basis for cost manage ment of enterprises,as a result of cost management accounting research data has certain diffic ulty,so often the observation and measurement are very troublesome,but the Cost Stickiness opens the door to ascertain.In this paper,financial data from 2007 to 2016 of the transportation company listed as th e research object,mainly including railway transportation,waterway transportation,road trans portation and air transportation four basic transportation industry.According to the marginal c hange of the cost of the listed companies in the transportation industry,the paper studies the C ost Stickiness of the transportation industry.Based on the causes of the problem of cost and cost stickiness,this paper makes an empirical study on the impact of the earnings management motivation of the transportation management on the Cost Stickiness.Here are the major work and conclusions of present research.Firstly,the existence of Cost Stickiness in the daily operation that companies in Chinese t ransportation industry.I selected samples were processed for marginal changes in operating in come operating expenses calculation observed: if the operating income rose,sales expens es increased;in contrast,operating income decreased by,the marketing cost de creased to about %,the difference is in line with the definition of the viscous phenome non,proof of Cost Stickiness it is significant in the transport industry in China.Secondly,the Cost Stickiness of transportation companies is affected by different earnin gs management motivation.Research shows that the cost of transportation enterprise viscosity was significantly affected by the "motivation of avoiding loss and losses motivation" positive effect on earnings management motivation and reduced;"big bath and profit smoothing moti vation" negative earnings management in the cost of transportation by the former enterprise vi scosity significantly strengthened,the latter did not produce significant the influence.The shortage of the paper:(1)In fact,positive and negative earnings management motivation respectively have a va riety of motives,the influence of the Cost Stickiness in the earnings management motivation of the transportation industry,I only choose to avoid loss of motivation,motivation losses,big bath and profit smoothing motive four motivation as a typical analysis,did not of all the moti ves everything,people believe that the future research on cost stickiness,which is a developm ent direction.(2)This analysis,discussed the influence,the transportation cost stickiness will be subjec t to the earnings management motivation about motivation problem,however,we can expect f urther problems produced by the motive behavior therefore,to further explore the problem of Transportation Cost Stickiness of our country respectively in real activities and accruals earni ngs management mode showed how the status of the earnings management behavior of specif ic operation,the future can be discussed cost sticky two types of earnings management of tran sportation industry in China from positive and negative to the further.This is also a major sho rtcoming of this paper.(3)This study has began empirically,I didn't list companies of the transportation industr y Cost Stickiness by earnings management motivation to make recommendations and effectiv e policies to weaken the motivation of earnings management to distort the cost behavior of aut henticity,We can study more deeply in this problem in the future.