The Effect of Earnings-Target Incentive Compensation on Cost Stickiness Behaviour: Evidence from Indonesian Listed Manufacturing Companies.

The phenomenon in contrast to the traditional cost accounting theory, assuming cost efficiency as the primary objective, is called cost stickiness behaviour. Under the cost stickiness phenomenon, the increase of cost during a revenue-increasing trend is more significant than the decrease in cost dur...

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Publicado en:Pertanika Journal of Social Sciences & Humanities Vol. 27; no. S2; pp. 167 - 181
Autores principales: Zagita, Tami, Rossieta, Hilda
Formato: Artículo
Publicado: Universiti Putra Malaysia 2019 Special Issue
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: The Effect of Earnings-Target Incentive Compensation on Cost Stickiness Behaviour: Evidence from Indonesian Listed Manufacturing Companies.
      aug:
        au:
          Zagita, Tami
          Rossieta, Hilda
        affil: Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, 16424, West Java, Indonesia
      su:
        Cost
        Manufacturing industries
        Cost effectiveness
        Corporate profits
        Labor incentives
        Wages
        Indonesia
      sug:
        subj:
          Indonesia
          Cost
          Manufacturing industries
          Cost effectiveness
          Corporate profits
          Labor incentives
          Wages
      keyword:
        cost efficient behaviour
        Cost stickiness behaviour
        earnings-target incentive compensation system
        empire building motive
      ab: The phenomenon in contrast to the traditional cost accounting theory, assuming cost efficiency as the primary objective, is called cost stickiness behaviour. Under the cost stickiness phenomenon, the increase of cost during a revenue-increasing trend is more significant than the decrease in cost during a revenue-decreasing trend (Anderson et al., 2003). This study investigates whether listed manufacturing companies in Indonesia practice cost stickiness behaviour. This study also examines specific circumstances stopping managers from adopting such behaviour and exercising a cost-efficient policy instead. This study hypothesises that generally, managers' practice cost stickiness behaviour to enjoy a double benefit. However, when a level of earning is critical near to losses, managers choose to practice traditional efficient-cost behaviour and cease building a business empire through a cost stickiness policy. Using a sample of 123 manufacturing companies listed in the Indonesian Stock Exchange from 2009 to 2015, empirical models representing the hypotheses were formulated and tested using a linear regression statistic technique. The test delivers empirical evidence consistent with the hypotheses provided. The empirical results also agree with findings regarding the effect of agency-driven incentives, including earnings-target incentive compensation on cost stickiness behaviour.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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