Asymmetric Cost Behavior and Investment in R&D: Evidence from China’s Manufacturing Listed Companies

Asymmetric cost behavior or stickiness has drawn attention in recent years. Although studies have focused on the causes of and factors contributing to cost stickiness, few have investigated its economic consequences. This paper empirically examines how firms’ asymmetric behavior influences...

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Bibliographic Details
Main Authors: Renji Sun, Kung-Cheng Ho, Yan Gu, Chang-Chih Chen
Format: Article
Language:English
Published: MDPI AG 2019-03-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/11/6/1785