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Asymmetric cost behavior: Theory, meta-analysis, and implications

Naoum, Vasilios-Christos, Ntounis, Dimitrios, Papanastasopoulos, Georgios, Vlismas, Orestes (2023) Asymmetric cost behavior: Theory, meta-analysis, and implications. Journal of International Accounting, Auditing and Taxation, 53 . Article Number 100578. ISSN 1061-9518. E-ISSN 1879-1603. (doi:10.1016/j.intaccaudtax.2023.100578) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:104700)

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Asymmetric cost behavior is an emerging and dynamic research area within the context of contemporary cost management research. This study systematically reviews asymmetric cost behavior research published in ABS-ranked journals (53 English-speaking journals) between 2003 and 2020. Additionally, we provide a review of the econometric models and instruments employed in empirical asymmetric cost behavior research and a meta-analysis of prior empirical evidence for the main determinants of the direction and intensity of the asymmetric cost behavior phenomenon. Several research streams are recognized within two major themes of cost asymmetry empirical research: (i) determinants of the asymmetric cost behavior phenomenon, and (ii) cost asymmetry as a determinant of earnings behavior, earnings prediction, and other microeconomic and macroeconomic phenomena. Each major component of our review is accompanied by critical analysis and suggestions for future research. Meta-analysis of the existing body of cost asymmetry studies reveals no publication bias but increasing heterogeneity within existing empirical evidence for cost asymmetry.

Item Type: Article
DOI/Identification number: 10.1016/j.intaccaudtax.2023.100578
Uncontrolled keywords: asymmetric cost behaviour; cost stickiness; Cost anti-stickiness; Managerial decisions; Meta-analysis
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Divisions > Kent Business School - Division > Department of Accounting and Finance
Depositing User: Dimitrios Ntounis
Date Deposited: 25 Jan 2024 11:55 UTC
Last Modified: 21 Feb 2024 10:38 UTC
Resource URI: (The current URI for this page, for reference purposes)

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