This study aimed at establishing the degree of influence of cost elements on the productivity of manufacturing companies. The study made used of a survey research design method and data were obtained through questionnaire and analyzed with the Ordinary Least Square (OLS) method. The study...

Extant literature on cost stickiness has focused on how firm-specific characteristics affect the asymmetric cost behavior. In this paper, we explore how a firm's operating environment affects the firm's cost stickiness. Specifically, we examine the effect of product market competition on cost...

In the asymmetric cost behavior model, managers play an active role in determining cost behavior by adding or removing resources as activity changes. Cost stickiness occurs when managers deliberately retain slack resources resulting from a decline in sales activity between periods. Because both...

In this paper we explore the association between asymmetric cost behavior and firm value. Using a large sample of U.S. data, we find a robust negative relationship between cost asymmetry and firm value. We then explore whether the resource adjustment, managerial expectations, and agency theories...

Competitive power of a product in the market depends on factors such as cost, performance, aesthetics, time of submission to market, and quality. High competition conditions and change in customer expectations have shortened life span of products and time of submission to the market. This has...