Business Strategy, State-Owned Equity and Cost Stickiness: Evidence from Chinese Firms

This paper investigates the relationship between business strategy and cost stickiness under different ownership. Using the data from listed firms in China from 2002 to 2015, we find that first, firms with different strategies exhibit different cost behavior. The cost stickiness of choosing a differ...

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Bibliographic Details
Main Authors: Tingyong Zhong, Fangcheng Sun, Haiyan Zhou, Jeoung Yul Lee
Format: Article
Language:English
Published: MDPI AG 2020-03-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/5/1850