Research On Cost Stickiness Of Automobile Manufacturing Listed Companies

Into the 21st century,domestic and foreign automobile manufacturing industry in the increasingly fierce competition,China’s auto industry is facing severe challenge,the cost of competition has already become one of the focus of market competition,how to reduce costs to improve efficiency is very important to the sustainable development of auto industry.The marginal decrease in cost When the volume of business declines is not equal to the marginal increase in the volume of business,that is,the stickiness of cost and the sticky phenomenon of manufacturing cost.Automobile manufacturing industry is a typical manufacturing industry,and it is of great significance to improve the cost management level of automobile manufacturing industry.In this paper,the research status and related theories in the field of cost viscosity are summarized and analyzed.Studied automobile manufacturing cost elements,characteristics and the status quo,the qualitative analysis of the audit quality,the board size,ownership structure,asset structure characteristics and the role of the debt and other factors on the cost of the cohesive mechanism,and puts forward the research hypothesis;The cost,business volume and influencing factors were selected.Based on the existing research results,the cost viscosity test model is built.In a 2012-2016 fiscal year automobile manufacturing industry listed companies as research samples,from CSMAR database to obtain sample data,the data,on the basis of descriptive analysis,the existence of auto manufacturing cost viscous,returning,reverse and analyses the factors affecting the.The results show that the stickiness of automobile manufacturing will gradually decrease over two years.When the business volume fluctuates more than 20%,the cost viscosity is obviously weakened.The high quality external audit and the high debt ratio and the high degree of equity concentration have the effect of reducing the cost viscosity to some extent;The increase in the degree of stickiness of non-current assets;The bigger the board is,the better,and the less viscous it is.This paper proposes six countermeasures to improve the cost stickiness of automobile manufacturing from two aspects:optimizing internal factor,structure and improving external supervision environment.