The Impact of Managerial Power on Cost Stickiness——Based on Empirical Evidence from Chinese Listed Company

摘要

It is very important for managers to master the lifeblood of enterprise cost management, which cannot be ignored in the research of cost-related issues, therefore, it is of great significance to study the cost stickiness motivation by comprehensively measuring the power of management from multiple indicators. Based on the review of the existing research and the analysis of relevant theories, we selected the listed companies in China's A-share market from 2008 to 2018 as the research samples to establish the cost stickiness model and discussed about the influence of managerial power on cost stickiness. Specifically, we investigate whether the internal control can influence the relationship of managerial power and cost stickiness. Through the analysis, the following conclusions are drawn: (1) The greater the power of management, the higher the cost stickiness of the enterprise, which shows a significant positive correlation; (2) Even the internal control quality of the enterprise is better, the influence of managerial power on cost stickiness cannot be weakened.