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Título:
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The influence of the trade-off between profitability and future increases in sales on cost stickiness
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Other titles:
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La influencia del dilema entre rentabilidad inmediata y crecimiento futuro de las ventas en la histéresis de los costes
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Autor/a:
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García Blandón, Josep; Argilés Bosch, Josep M.; Ravenda, Diego; Valencia Silva, Maika Melina; Somoza López, Antonio
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Otros autores:
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Universitat Ramon Llull. IQS |
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Abstract:
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This study analyses cost stickiness under the dilemma between current profitability and future sales increase. When activity decreases firms are faced to keep profitability adjusting resources, while they should also consider long term consequences and keep slack resources which allow building firms capacities to adapt to external challenges and take advantage of future opportunities. We find empirical evidence that changes in current firm profitability and one year ahead sales increase significantly influence resource adjustment in periods when sales decrease. We find a significant moderating effect of changes in profitability, as well as a significant stressing effect of one year ahead sales increase, on cost stickiness. |
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Notas:
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Reproducció del document publicat a: https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/45215 |
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Fecha de creación:
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06-2017 |
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Materias (CDU):
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33 - Economia |
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Materia(s):
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Cost--Control
Beneficis
Vendes--Direcció i administració
Cost stickiness
Profitability
Increases--Sales |
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Derechos:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons:http://creativecommons.org/licenses/by-nc-sa/4.0/
© Universidad de Chile |
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Páginas:
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24 p. |
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Tipo de documento:
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Artículo
Artículo - Versión publicada |
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DOI:
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https://doi.org/10.4067/s0718-52862017000100081
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Editor:
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Universidad de Chile
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Publish at:
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Estudios de Economía. Vol. 44, No.1 (2017), pág. 81-104
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Compartir:
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