The Cost Stickiness Phenomenon. Causes, Characteristics, and Implications for Fundamental Analysis and Financial Analysts' Forecasts.
Daniel Baumgarten
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Description for The Cost Stickiness Phenomenon. Causes, Characteristics, and Implications for Fundamental Analysis and Financial Analysts' Forecasts.
Paperback. Understanding cost behavior is a fundamental element of cost accounting and the management of a firm. The author comprehensively analyzes the cost stickiness phenomenon by discussing its development and all relevant findings presented in the research literature. He also provides several suggestions for future research. Series: Quantitatives Controlling. Num Pages: 105 pages, 4 black & white illustrations, 9 black & white tables, biography. BIC Classification: KF. Category: (P) Professional & Vocational. Dimension: 210 x 148 x 7. Weight in Grams: 167.
Understanding cost behavior is a fundamental element of cost accounting and the management of a firm. Deviating from the traditional assumption of symmetric cost behavior, numerous recent research studies show that costs are sticky, that is, they decrease less when sales fall than they increase when sales rise. Daniel Baumgarten comprehensively analyzes the cost stickiness phenomenon by discussing its development and all relevant findings presented in the research literature. Furthermore, he provides several suggestions for future research and discusses important implications of cost stickiness for fundamental analysis and analysts’ forecasts by means of two comprehensive empirical analyses.
Understanding cost behavior is a fundamental element of cost accounting and the management of a firm. Deviating from the traditional assumption of symmetric cost behavior, numerous recent research studies show that costs are sticky, that is, they decrease less when sales fall than they increase when sales rise. Daniel Baumgarten comprehensively analyzes the cost stickiness phenomenon by discussing its development and all relevant findings presented in the research literature. Furthermore, he provides several suggestions for future research and discusses important implications of cost stickiness for fundamental analysis and analysts’ forecasts by means of two comprehensive empirical analyses.
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer Fachmedien Wiesbaden Germany
Number of pages
105
Condition
New
Series
Quantitatives Controlling
Number of Pages
105
Place of Publication
Wiesbaden, Germany
ISBN
9783834941305
SKU
V9783834941305
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Daniel Baumgarten
Dr. Daniel Baumgarten received his doctoral degree from the University of Cologne under the supervision of Prof. Dr. Carsten Homburg (Department of Business Administration and Management Accounting).
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