The effect of agency theory upon cost stickiness
Joint Authors
Abd al-Tawwab, Hajir Ahmad Fuad
al-Jabali, Muhammad Mustafa
Abd al-Salihin, Ahmad Mukhtar
Source
Journal of Financial and Commercial Studies
Issue
Vol. 31, Issue 2 (31 Aug. 2021), pp.1-23, 23 p.
Publisher
Beni Suef University Faculty of Commerce
Publication Date
2021-08-31
Country of Publication
Egypt
No. of Pages
23
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
The main purpose of the research was to examine the effect of agency problem on cost stickiness, the results revealed that cost exhibits an asymmetric behavior which contradicts the traditional cost assumption, further, agency theory plays a vital role in determining the asymmetric cost behavior through two drivers; empire building incentives that make managers increasing the acquisition of resources when demand increases and keeping unused resources when demand drops in order to chaise their personal benefits resulting in cost stickiness, also, earnings management incentives that make managers delaying the acquisition of needed resources when demand increases and cutting unused resources aggressively when demand declines in order to meet earnings target resulting in a lower degree of cost stickiness
American Psychological Association (APA)
Abd al-Tawwab, Hajir Ahmad Fuad& al-Jabali, Muhammad Mustafa& Abd al-Salihin, Ahmad Mukhtar. 2021. The effect of agency theory upon cost stickiness. Journal of Financial and Commercial Studies ،Vol. 31, no. 2, pp.1-23.
https://search.emarefa.net/detail/BIM-1251542
Modern Language Association (MLA)
Abd al-Tawwab, Hajir Ahmad Fuad…[et al.]. The effect of agency theory upon cost stickiness. Journal of Financial and Commercial Studies Vol. 31, no. 2 (2021), pp.1-23.
https://search.emarefa.net/detail/BIM-1251542
American Medical Association (AMA)
Abd al-Tawwab, Hajir Ahmad Fuad& al-Jabali, Muhammad Mustafa& Abd al-Salihin, Ahmad Mukhtar. The effect of agency theory upon cost stickiness. Journal of Financial and Commercial Studies . 2021. Vol. 31, no. 2, pp.1-23.
https://search.emarefa.net/detail/BIM-1251542
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1251542