成本粘性对企业绩效的影响研究

Research on the Impact of Cost Stickiness on Enterprise Performance

本文以沪深两市2008—2015年A股上市公司为研究样本,从企业绩效角度对成本粘性的经济后果问题进行了分析与检验。研究结果表明:(1)成本粘性与企业短期绩效显著负相关,说明成本粘性会对企业的短期绩效产生消极的抑制作用;(2)成本粘性与企业的长期绩效整体上显著正相关,说明成本粘性的增强有助于企业的长远发展和长期绩效的提升,但不同的成本粘性水平对企业长期绩效的促进作用存在差异。本文对于深化理论与实务界有关成本粘性的认识、推动企业通过加强对成本的合理管控提升绩效、提升供给结构对需求变化的适应性和灵活性等具有积极的借鉴意义。

By taking the A-share companies listed in Shanghai and Shenzhen StockExchange during year 2008—2015,this paper analyzes and tests the economic consequences of Cost Stickiness from the perspective of enterprise performance,The results show that:(1)the Cost Stickiness has a significant negative correlation with the short-term performance of the enterprise,indicating that the Cost Stickiness will have a negative effect on the short-term performance of the enterprise;(2)the cost stickiness is positively correlated with the long-term performance of the enterprise,indicating that the increase of Cost Stickiness contributes to the long-term development and long-term performance of the enterprise.But the different cost sticky level has different effects on the long-term performance of enterprises.This paper has a positive reference to deepen the understanding of the theory and practice of cost stickiness,promote the enterprise to improve the performance by strengthening the reasonable management and control of the cost,and improve the adaptability and flexibility of the supply structure to the change of demand.