Earticle

초록

영어

The study aims to provide an empirical evidence as to whether environmental conservation costs are sticky. Regression analyses of cost stickiness are employed to compare and evaluate how differently sales change rates explain the cost change rates are affected by the quality of corporate governance, energy-intensive industry and between the pre and post crisis periods. The results of this paper are as follows. First, companies increase their input levels in various environmental cost items and exhibit more stickiness in costs. Second, we find that corporate governance is not effective to mitigate the degree of cost stickiness. Third, the firms which belong to the energy-intensive company group show less sticky or anti-sticky. Finally, we found that environmental conservation costs decreased at higher rate compared to the sales change rate when sales decreases during the period after the global financial crisis(2009-2011) than pre-crisis period(2005-2007). It implies that managers decrease environmental conservation costs when sales decrease, irrespective of business cycle and management characteristics.

목차

Ⅰ. 서론
 Ⅱ. 이론적 배경과 선행연구의 검토
 Ⅲ. 연구모형과 가설설정
 Ⅳ. 실증분석 결과
 Ⅴ. 요약 및 결론
 참고문헌
 Abstract

키워드

저자

• 육근효 [ Keun-Hyo Yook | 부산외국어대학교 회계학부 교수 ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  생산성연구: 국제융합학술지 [Productivity Research: An International Interdisciplinary Journal]

• 간기

  격월간

• pISSN

  1225-3553

• 수록기간

  1987~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 325 DDC 330