MALİYET YAPIŞKANLIĞI HİPOTEZİNİN BİST İMALAT SEKTÖRÜ KAPSAMINDA TEST EDİLMESİ
TESTING THE COST STICKINESS HYPOTHESIS IN THE CONTEXT OF BIST MANUFACTURING SECTOR

Summary/Abstract: Asymmetric response of costs to changes in activity level is expressed as cost stickiness. The purpose of this study is to test the cost stickiness hypothesis within the firms operating in BIST Manufacturing Sector. In this context, 1406 firms- year observations of 138 firms operating in BIST Manufacturing Sector have been analyzed. According to the findings, cost stickiness hypothesis is supported in the scope and period of the sample. According to the findings, operating expenses, which showed an increase of 0.62% against a 1% increase in sales revenue, decreased only by 0.44% in the period when a 1% revenue decrease was observed. Within the scope of the findings that are statistically significant, it is determined that operating expenses have asymmetric behavior in terms of income increase / decrease periods.

• Details
• Contents