Quantitatives Controlling

The Cost Stickiness Phenomenon

Causes, Characteristics, and Implications for Fundamental Analysis and Financial Analysts‘ Forecasts

Authors: Baumgarten, Daniel

  • Publication in the field of economic sciences

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eBook $84.99
price for USA (gross)
  • ISBN 978-3-8349-4131-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $109.00
price for USA
  • ISBN 978-3-8349-4130-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Understanding cost behavior is a fundamental element of cost accounting and the management of a firm. Deviating from the traditional assumption of symmetric cost behavior, numerous recent research studies show that costs are sticky, that is, they decrease less when sales fall than they increase when sales rise. Daniel Baumgarten comprehensively analyzes the cost stickiness phenomenon by discussing its development and all relevant findings presented in the research literature. Furthermore, he provides several suggestions for future research and discusses important implications of cost stickiness for fundamental analysis and analysts’ forecasts by means of two comprehensive empirical analyses.

About the authors

Dr. Daniel Baumgarten received his doctoral degree from the University of Cologne under the supervision of Prof. Dr. Carsten Homburg (Department of Business Administration and Management Accounting).

 

Table of contents (5 chapters)

  • Introduction

    Baumgarten, Daniel

    Pages 1-5

  • The Cost Stickiness Phenomenon

    Baumgarten, Daniel

    Pages 7-34

  • Cost Stickiness and the Information Content of the SG&A Ratio

    Baumgarten, Daniel

    Pages 35-64

  • Cost Stickiness and Analysts’ Implied Cost Forecasts

    Baumgarten, Daniel

    Pages 65-91

  • Concluding Remarks

    Baumgarten, Daniel

    Pages 93-96

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-3-8349-4131-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $109.00
price for USA
  • ISBN 978-3-8349-4130-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Cost Stickiness Phenomenon
Book Subtitle
Causes, Characteristics, and Implications for Fundamental Analysis and Financial Analysts‘ Forecasts
Authors
Series Title
Quantitatives Controlling
Copyright
2012
Publisher
Gabler Verlag
Copyright Holder
Gabler Verlag | Springer Fachmedien Wiesbaden
eBook ISBN
978-3-8349-4131-2
DOI
10.1007/978-3-8349-4131-2
Softcover ISBN
978-3-8349-4130-5
Edition Number
1
Number of Pages
XXIV, 105
Number of Illustrations and Tables
4 b/w illustrations
Topics