The Experts below are selected from a list of 360 Experts worldwide ranked by ideXlab platform
Naomi S Soderstrom - One of the best experts on this subject based on the ideXlab platform.
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Cost Structure and sticky Costs
Journal of Management Accounting Research, 2014Co-Authors: Ramji Balakrishnan, Eva Labro, Naomi S SoderstromAbstract:ABSTRACT: Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing body of literature attributes the short-run asymmetric Cost response to activity changes (i.e., sticky Costs) resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky Costs. Rather, we focus on empirical tests of Cost stickiness. We show that past decisions on Cost Structure, which determine the magnitude of Costs controllable in the short-term, induce non-stationarity in the elasticity of Sales, General, and Administrative Costs, affecting the interpretation of estimates from the standard specification used in the literature. We develop suggestions for how future research might control for the effects of Cost Structure. Empirically, we find that Cost Structure confounds results usually interpreted as Cost stickiness reflecting short-run managerial actions. After adjusting for the effects of fixed Costs, we find that the results are unstable across alternate subsamples. Our resul...
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Cost Structure and sticky Costs
Social Science Research Network, 2014Co-Authors: Ramji Balakrishnan, Eva Labro, Naomi S SoderstromAbstract:Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing literature attributes the short-run asymmetric Cost response to activity changes (i.e., sticky Costs) as resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky Costs. Rather, we focus on empirical tests of Cost stickiness. We show that past decisions on Cost Structure, which determine the magnitude of Costs controllable in the short-term, induce non-stationarity in the elasticity of Sales, General and Administrative Costs, affecting the interpretation of estimates from the standard specification used in the literature. We develop suggestions for how future research might control for the effects of Cost Structure. Empirically, we find that Cost Structure confounds results usually interpreted as Cost stickiness reflecting short-run managerial actions. After adjusting for the effects of fixed Costs, we find that the results are unstable across alternate sub-samples. Our results provide evidence that long-run Cost Structure decisions impact our ability to detect short-term Cost management decisions.
Shannon W Anderson - One of the best experts on this subject based on the ideXlab platform.
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managing Costs and Cost Structure throughout the value chain research on strategic Cost management
Handbooks of Management Accounting Research, 2006Co-Authors: Shannon W AndersonAbstract:Strategic Cost management is deliberate decision making aimed at aligning the firm's Cost Structure with its strategy and optimizing the enactment of the strategy. Alignment and optimization must comprehend the full value chain and all stakeholders to ensure long-run sustainable profits for the firm. Strategic Cost management takes two forms: structural Cost management, which employs tools of organizational design, product design, and process design to build a Cost Structure that is coherent with strategy; and executional Cost management, which employs various measurement and analysis tools (e.g., variance analysis and analysis of Cost drivers) to evaluate Cost performance. In this chapter, I develop a model that relates strategic Cost management to strategy development and performance evaluation. I argue that although management accounting research has advanced our understanding of executional Cost management, other management fields have done more to advance our understanding of structural Cost management. I review research in a variety of management fields to illustrate this point. I conclude by proposing that management accounting researchers are uniquely qualified to create a body of strategic Cost management knowledge that unifies structural and executional Cost management.
Ramji Balakrishnan - One of the best experts on this subject based on the ideXlab platform.
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Cost Structure and sticky Costs
Journal of Management Accounting Research, 2014Co-Authors: Ramji Balakrishnan, Eva Labro, Naomi S SoderstromAbstract:ABSTRACT: Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing body of literature attributes the short-run asymmetric Cost response to activity changes (i.e., sticky Costs) resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky Costs. Rather, we focus on empirical tests of Cost stickiness. We show that past decisions on Cost Structure, which determine the magnitude of Costs controllable in the short-term, induce non-stationarity in the elasticity of Sales, General, and Administrative Costs, affecting the interpretation of estimates from the standard specification used in the literature. We develop suggestions for how future research might control for the effects of Cost Structure. Empirically, we find that Cost Structure confounds results usually interpreted as Cost stickiness reflecting short-run managerial actions. After adjusting for the effects of fixed Costs, we find that the results are unstable across alternate subsamples. Our resul...
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Cost Structure and sticky Costs
Social Science Research Network, 2014Co-Authors: Ramji Balakrishnan, Eva Labro, Naomi S SoderstromAbstract:Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing literature attributes the short-run asymmetric Cost response to activity changes (i.e., sticky Costs) as resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky Costs. Rather, we focus on empirical tests of Cost stickiness. We show that past decisions on Cost Structure, which determine the magnitude of Costs controllable in the short-term, induce non-stationarity in the elasticity of Sales, General and Administrative Costs, affecting the interpretation of estimates from the standard specification used in the literature. We develop suggestions for how future research might control for the effects of Cost Structure. Empirically, we find that Cost Structure confounds results usually interpreted as Cost stickiness reflecting short-run managerial actions. After adjusting for the effects of fixed Costs, we find that the results are unstable across alternate sub-samples. Our results provide evidence that long-run Cost Structure decisions impact our ability to detect short-term Cost management decisions.
Xiaoling Chen - One of the best experts on this subject based on the ideXlab platform.
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does relationship matter buyer supplier relationship and the association between supplier concentration and Cost Structure
Social Science Research Network, 2017Co-Authors: Wei Jiang, Xiaoling ChenAbstract:The last three decades witnessed an increasing prevalence of concentrated supplier bases. In this study, we provide the first large-sample evidence on the effects of supplier-base concentration on Cost Structure. Drawing on prior literature, we predict a positive association between supplier-base concentration and Cost flexibility (measured by Cost elasticity). We also predict this association will be less pronounced when the buyer firm has greater bargaining power over its suppliers, the buyer-supplier relationship is more cooperative, or when the buyer firm is a state-owned enterprise (SOE). Using a unique dataset of 4,530 firm-year observations hand-collected from supplier information disclosed by Chinese listed firms, we find results consistent with our predictions. Our study contributes to the Cost management literature by providing empirical evidence on firms’ Cost Structure decisions in response to supply side risk factors. Our study also complements the accounting literature on interfirm relationship by documenting the impact of interfirm relationship on firms’ Cost Structure decisions.
Eva Labro - One of the best experts on this subject based on the ideXlab platform.
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Cost Structure and sticky Costs
Journal of Management Accounting Research, 2014Co-Authors: Ramji Balakrishnan, Eva Labro, Naomi S SoderstromAbstract:ABSTRACT: Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing body of literature attributes the short-run asymmetric Cost response to activity changes (i.e., sticky Costs) resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky Costs. Rather, we focus on empirical tests of Cost stickiness. We show that past decisions on Cost Structure, which determine the magnitude of Costs controllable in the short-term, induce non-stationarity in the elasticity of Sales, General, and Administrative Costs, affecting the interpretation of estimates from the standard specification used in the literature. We develop suggestions for how future research might control for the effects of Cost Structure. Empirically, we find that Cost Structure confounds results usually interpreted as Cost stickiness reflecting short-run managerial actions. After adjusting for the effects of fixed Costs, we find that the results are unstable across alternate subsamples. Our resul...
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Cost Structure and sticky Costs
Social Science Research Network, 2014Co-Authors: Ramji Balakrishnan, Eva Labro, Naomi S SoderstromAbstract:Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing literature attributes the short-run asymmetric Cost response to activity changes (i.e., sticky Costs) as resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky Costs. Rather, we focus on empirical tests of Cost stickiness. We show that past decisions on Cost Structure, which determine the magnitude of Costs controllable in the short-term, induce non-stationarity in the elasticity of Sales, General and Administrative Costs, affecting the interpretation of estimates from the standard specification used in the literature. We develop suggestions for how future research might control for the effects of Cost Structure. Empirically, we find that Cost Structure confounds results usually interpreted as Cost stickiness reflecting short-run managerial actions. After adjusting for the effects of fixed Costs, we find that the results are unstable across alternate sub-samples. Our results provide evidence that long-run Cost Structure decisions impact our ability to detect short-term Cost management decisions.
