Investigating the cost stickiness behavior of organizations after the economic recession caused by the COVID-19 pandemic

dc.contributor.authorStanimirovi?, Predrag S.
dc.contributor.authorStupina, Alena A.
dc.contributor.authorGhorbani, Shahryar
dc.contributor.authorKhamnei, Hossein Jabbari
dc.contributor.authorYıldırım, Figen
dc.date.accessioned2024-10-12T19:47:14Z
dc.date.available2024-10-12T19:47:14Z
dc.date.issued2024
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractThe global economic recession has caused pessimism in terms of prospects of sales recovering in the future. The present study is an attempt to investigate the cost stickiness behavior by focusing on specific characteristics of companies. The research was done through documentary analysis and access to quantitative data, with the use of statistical methods for analysis as panel data. The statistical population of the actual study included all companies listed on the India stock exchange from 2017 to 2021. They were selected after screening 128 listed companies. The regression method was used to examine the relationship between variables and to present a forecast model. The results of testing the first hypothesis showed that companies’ costs are sticky and according to the results of this hypothesis, an increase in costs when the level of activity increases is greater than the level of reduction in costs when the volumes of the activities are decreased. The results of the second hypothesis showed a remarkable relationship between the cost stickiness and specific characteristics of companies (size, number of employees, long-term assets, financial leverage, and accuracy of profits forecast). Based on the third hypothesis, there is a notable difference between cost stickiness at different levels of specific characteristics of companies. Therefore, the results show that environmental uncertainty such as COVID-19, increases cost stickiness. © 2024 by author(s).en_US
dc.description.sponsorshipMinistry of Education and Science of the Russian Federation, Minobrnauka, (075-15-2022-1121); Science Fund of the Republic of Serbia, (7750185); Ministarstvo Prosvete, Nauke i Tehnološkog Razvoja, MPNTR, (451-03-65/2024-03/200124)en_US
dc.identifier.doi10.24294/jipd.v8i7.3864
dc.identifier.issn2572-7923
dc.identifier.issue7en_US
dc.identifier.scopus2-s2.0-85200796729en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.urihttps://doi.org/10.24294/jipd.v8i7.3864
dc.identifier.urihttps://hdl.handle.net/11467/8834
dc.identifier.volume8en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherEnPress Publisher, LLCen_US
dc.relation.ispartofJournal of Infrastructure, Policy and Developmenten_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmzScopus_20241012en_US
dc.subjectcost stickinessen_US
dc.subjecteconomic recessionen_US
dc.subjectenvironmental uncertaintyen_US
dc.subjectfinancial characteristicsen_US
dc.subjectfinancial leverageen_US
dc.subjectIndia stock exchangeen_US
dc.titleInvestigating the cost stickiness behavior of organizations after the economic recession caused by the COVID-19 pandemicen_US
dc.typeArticleen_US

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