Research on Real Estate Industry Cost Stickiness and Its Influencing Factors

摘要

The research on cost stickiness behavior is mainly about sales & administrative cost and manufacturing industry, lacking studies on particular niche business. Therefore, the real estate industry paid highly attention was chosen as the research object and an empirical analysis of cost stickiness behavior and its affecting factors was conducted. By analyzing the accounting data of China listed companies of real estate industry from 2008 to 2015, the empirical results show that: (1) The listed companies of real estate industry did have cost stickiness behavior; (2) Inventory density and human capital density have strengthened the degree of cost stickiness behavior; (3) The cost stickiness of real estate companies in economic prosperity period is higher than that in economic recession period; The cost stickiness of state-owned enterprises is higher than that of non-state-owned enterprises.