Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana.
This study examines the relationship between cost stickiness and firm performance for a sample of 315 listed firms in Malaysia over 2010-2014. The estimation model is built based on previous empirical findings and the agency theory. It is tested using panel regression with the fixed effects model wh...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA
2018
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/29646/ |
| _version_ | 1848807291055243264 |
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| author | Kontesa, Maria Brahmana, Rayenda Khresna |
| author_facet | Kontesa, Maria Brahmana, Rayenda Khresna |
| author_sort | Kontesa, Maria |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | This study examines the relationship between cost stickiness and firm performance for a sample of 315 listed firms in Malaysia over 2010-2014. The estimation model is built based on previous empirical findings and the agency theory. It is tested using panel regression with the fixed effects model while controlling the Heteroskedasticity and autocorrelation problem. The results show the significant role of cost stickiness on firm performance confirming the alignment proposition of the agency theory. Our research further indicates that some of the managers focus on future projects instead of anchoring to past information due to certainfactors such as change in technology used, economis and politics, which is in line with the institutional theory. |
| first_indexed | 2025-11-14T22:40:29Z |
| format | Article |
| id | uitm-29646 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:40:29Z |
| publishDate | 2018 |
| publisher | Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-296462020-04-17T14:02:55Z https://ir.uitm.edu.my/id/eprint/29646/ Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. apmaj Kontesa, Maria Brahmana, Rayenda Khresna Management. Industrial Management Financial management. Business finance. Corporation finance This study examines the relationship between cost stickiness and firm performance for a sample of 315 listed firms in Malaysia over 2010-2014. The estimation model is built based on previous empirical findings and the agency theory. It is tested using panel regression with the fixed effects model while controlling the Heteroskedasticity and autocorrelation problem. The results show the significant role of cost stickiness on firm performance confirming the alignment proposition of the agency theory. Our research further indicates that some of the managers focus on future projects instead of anchoring to past information due to certainfactors such as change in technology used, economis and politics, which is in line with the institutional theory. Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2018-04 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29646/1/29646.pdf Kontesa, Maria and Brahmana, Rayenda Khresna (2018) Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. (2018) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29.html>, 13 (1). pp. 1-19. ISSN 2550-1631 https://apmaj.uitm.edu.my/ |
| spellingShingle | Management. Industrial Management Financial management. Business finance. Corporation finance Kontesa, Maria Brahmana, Rayenda Khresna Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. |
| title | Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. |
| title_full | Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. |
| title_fullStr | Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. |
| title_full_unstemmed | Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. |
| title_short | Cost stickiness effect on firm's performance: insights from Malaysia / Maria Kontesa and Rayenda Khresna Brahmana. |
| title_sort | cost stickiness effect on firm's performance: insights from malaysia / maria kontesa and rayenda khresna brahmana. |
| topic | Management. Industrial Management Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/29646/ https://ir.uitm.edu.my/id/eprint/29646/ |