Study On Supply Chain Concentration,Internal Control And Corporate Cost Stickiness

With China's economic take-off and social development,more and more manufacturing enterprises have become the pillar industries of the local economy,solving many social problems such as population employment and regional resource allocation.However,there are many problems in China's manufacturing enterprises.Due to factors such as early development and weak initial capital,most manufacturing enterprises are faced with fatal problems such as uneven product quality,insufficient independent innovation capacity,low resource utilization,and poor economic efficiency.At its root,higher cost is the core reason,and cost control is a good medicine to solve the development problems that are common in China's manufacturing enterprises.Cost stickiness as an important state of cost is an important research content to improve the cost control level.Analyzing the influencing factors of cost stickiness can help manufacturing enterprises reduce production costs.In recent years,supply chain has been widely discussed by scholars at home and abroad as a key research topic in the field of management accounting,but there has not been any relevant academic paper that explores its impact on cost stickiness from the perspective of supply chain concentration.In addition,the internal control of the enterprise directly affects the production and operation of the enterprise.High-quality internal control can reduce the operating cost of the enterprise,and at the same time help to increase the degree of competition in the supply chain.In view of this,this paper selects China's Shanghai-Shenzhen A-share manufacturing listed companies from 2014 to 2018 as a research sample,and from the perspective of supply chain concentration to study how it affects cost stickiness and internal control in the supply chain.What is the role of concentration and cost stickiness? Using the research method combining normative analysis and empirical analysis to draw certain conclusions.It includes the following five chapters:The first part is introduction.First,introduce the development background of China's manufacturing enterprises,the status quo of supply chain development and the current status of internal control research;second,refer to several domestic and foreign literatures,and draw on its research ideas and methods,add its own innovation points,and draw the research ideas and research framework.The second part is the definition of important concepts and relevant theoretical foundations.This chapter defines the concepts of cost stickiness,supply chain concentration and internal control in turn,then introduces a series of theoretical foundations that affect the cost stickiness factor,and points out how each theory affects the enterprise cost stickiness.The third part is the current situation description,theoretical analysis and research hypothesis.First,collect the cost-related data and customer and supplier-related information disclosed in the financial reports of China's manufacturing companies in the past decade,and analyze the current status of China's manufacturing cost development and the supply chain concentration status adopted by Chinese companies;second,combining the previous References and theoretical foundations analyze the existence motivation of China's manufacturing cost stickiness,the motivation of supply chain concentration to affect cost stickiness,and the motivation of internal control to regulate both;finally,the research hypotheses are proposed based on relevant analysis.Part four,research design and empirical testing.Collect the collected data through EXCEL2016 and Stata15.0 software;then perform descriptive statistics and correlation analysis to verify the relationship between the enterprise's cost stickiness,supply chain concentration and internal control;and finally to ensure the rigor of the research and Accuracy,conduct robustness test.Part five,research conclusions and policy recommendations.Summarize the previous research contents and draw corresponding conclusions,point out the deficiencies of this study,and put forward corresponding policy recommendations and research prospects.From the perspective of supply chain concentration,this paper studies the influence of supply chain concentration on the cost stickiness of listed companies in China's manufacturing industry,and further studies the moderating effect of internal control quality on the relationship between the two,in order to enrich the factors affecting cost stickiness theoretical research.In terms of research methods,this paper uses a combination of normative research and empirical research,using multiple regression analysis to make the previous assumptions.The final research results show that:(1)China's manufacturing listed companies have cost stickiness;(2)increase supply chain concentration customer concentration and supplier concentration all help to reduce the cost stickiness of the enterprise;(3)When considering the impact of the internal control of the enterprise,the internal control of the enterprise is good,which can promote the improvement of the customer concentration,supplier concentration and supply chain concentration on the enterprise cost Weakening effect of viscosity.