Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

Does Social Capital Affect Asymmetric Cost Behaviour? : Evidence from U.S. Counties

Title data

Loy, Thomas ; Hartlieb, Sven ; Eierle, Brigitte:
Does Social Capital Affect Asymmetric Cost Behaviour? : Evidence from U.S. Counties.
2018
Event: 41st Annual Congress of the European Accounting Association , 30.05.2018-01.06.2018 , Mailand, Italien.
(Conference item: Conference , Speech )

Abstract in another language

We examine the impact of social capital on asymmetric cost behaviour. Social capital captures the strength of social norms and the density of social networks in a region. As such, it is a socio-economic factor that might affect managerial resource adjustment decisions via different chan-nels. We find that firms headquartered in U.S. counties with high social capital exhibit signifi-cantly less asymmetric cost behaviour. Social capital restrains managers from taking opportunis-tic resource adjustment decisions that would induce cost stickiness. This is in line with our addi-tional finding, that cooperative norms to act in an ethical manner are the dominant channel for our setting, by which social capital affects cost behaviour. Our results corroborate the important role of managerial discretion in cost behaviour and make a significant contribution in understand-ing how environmental, local factors explain differences in sticky cost behaviour across firms.

Further data

Item Type: Conference item (Speech)
Refereed: Yes
Keywords: Cost Behaviour; Cost Stickiness; Social Capital; Norms; Managerial Opportunism
Subject classification: JEL Classifications: A13; M14; M40; M41
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Junior Professorship Auditing > Junior Professorship Auditing - Juniorprof. Dr. Thomas Loy
Profile Fields > Emerging Fields > Governance and Responsibility
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Junior Professorship Auditing
Profile Fields
Profile Fields > Emerging Fields
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 15 Jun 2018 06:30
Last Modified: 15 Jun 2018 06:30
URI: https://eref.uni-bayreuth.de/id/eprint/44535