Research On The Impact Of Stickiness And Anti-stickiness Of Costs And Expenses Of Listed Manufacturing Companies In My Country On The Quality Of Earnings Information

In recent years,with the deepening of reform in an all-round way,domestic economic growth has slowed down,economic structure has been constantly adjusted,and economic development has entered a new normal.Enterprises are confronted with insufficient consumer power,declining consumer demand,intensifying competition among enterprises,rising resource costs,and further reducing profit margins.In a free competitive market economy,it is more feasible and efficient to reduce costs under the same income than to increase income under the same cost.The sustainable development of enterprises depends on the rational allocation of resources,in which cost control plays a vital role.The primary condition of cost control is to correctly understand and grasp cost habits.In the traditional cost habits model,the change of cost with the increase and decrease of business volume is symmetrical.However,the traditional cost habits theory neglects the cost control of managers in the process of changing business volume.Therefore,the western mainstream academics put forward the theory of asymmetric cost habits.They believe that with the addition of management control,the change of cost cost with the increase and decrease of business volume is asymmetric.Cost is sticky,that is,the increase of cost with the increase of current sales volume is greater than the decrease of cost with the decrease of the same business volume.Cost anti-stickiness means that the increase of cost with the increase of business volume is less than the decrease of cost when the same business volume decreases.However,whether foreign scholars have established the theory of asymmetric cost habits or domestic learners' research on the stickiness and anti-stickiness of cost based on the theory of asymmetric cost habits mainly focuses on the basic aspects of existence,basic principles and formation factors.There are few studies on the economic consequences caused by stickiness and anti-stickiness of cost,especially in cost stickiness and anti-stickiness.The relationship between earnings information quality and earnings information quality.This article analyses the causes of cost stickiness and cost anti-stickiness from the perspectives of incomplete contract theory,principal-agent theory,cost habits theory and capacity utilization rate.Based on the earnings response coefficient,the influencing factorsof earnings information quality are analyzed to provide theoretical basis for subsequent empirical research.Based on the financial data of listed A-share manufacturing enterprises from 2013 to 2017,this paper quantitatively analyses the present situation of cost stickiness and anti-stickiness of sample enterprises through Weiss model,compares the relationship between cost stickiness and anti-stickiness,and studies the impact of cost stickiness and anti-stickiness on earnings information quality of enterprises on the basis of property rights.The results show that there is not only cost stickiness,but also cost anti-stickiness in listed A-share manufacturing enterprises,and the ratio of cost stickiness is higher than that of anti-stickiness.Whether cost stickiness or cost anti-stickiness is inversely proportional to earnings response coefficient.According to different property rights characteristics,it is found that the cost stickiness and anti-stickiness of non-state-owned holding companies have greater impact on earnings response coefficient than state-owned holding companies.Accordingly,from both internal and external aspects of the enterprise,this paper puts forward some suggestions to improve the quality of earnings information,so as to promote the realization of business strategy and business objectives.