摘要
成本管理是企业实现可持续增长和竞争力提升的有效途径,成本粘性普遍存在于不同国家、行业的成本项目中,需要在实践中关注其变动规律及产生的经济后果。选择我国2009—2019年A股上市公司为研究样本,基于委托代理理论,从全要素生产率视角对成本粘性的经济后果进行新探索。研究结果表明:成本粘性对全要素生产率有显著负向影响;管理者过度自信增强成本粘性对全要素生产率的负向影响;管理层持股减弱成本粘性对全要素生产率的负向影响。从企业层面而言,需要完善成本控制和治理体系,约束管理者行为和自利动机,提升企业的全要素生产率。从制度层面来看,需要完善市场监管体系和法律制度建设,为处于转型升级困难期的企业提供政府补助或财政补贴。
Cost management is an effective way to achieve sustainable growth and enhance competitiveness of enterprises.Taking A-share listed companies in China from 2009 to 2019 as the research samples,based on the principal-agent theory,this paper makes a new exploration on the economic consequences of cost stickiness from the perspective of total factor productivity,the results show that:(1)cost stickiness has a significant negative impact on TFP;(2)managers’overconfidence enhances the negative impact of cost stickiness on TFP;(3)management shareholding weakens the negative impact of cost stickiness on TFP.This paper puts forward that:from the enterprise level,it is necessary to improve the cost control and governance system,and restrict managers’behavior and self-interest motivation to improve the total factor productivity of enterprises.From the institutional level,it is necessary to improve the market supervision system and legal system construction,and provide government subsidies or financial subsidies to enterprises in the difficult period of transformation and upgrading.
作者
陈旭
邱霞
CHEN Xu;QIU Xia(Accounting School, Chongqing University of Technology, Chongqing 400054, China)
出处
《重庆理工大学学报（社会科学）》
2021年第10期103-112,共10页
Journal of Chongqing University of Technology（Social Science）
基金
国家社会科学基金项目“‘互联网+会计’下云会计资源共享风险管控及实现路径研究”(16CGL070)。
关键词
成本粘性
全要素生产率
企业绩效
高质量发展
cost stickiness
total factor productivity
enterprise performance
high-quality development
