摘要
本文考察了企业资源计划(ERP)系统对成本粘性的影响。基于手工收集的2001-2018年中国上市公司ERP系统实施数据,本文发现实施ERP系统的企业成本粘性较低,具体而言ERP系统实施能降低营业成本以及销售和管理费用的粘性。进一步分析发现,ERP系统对成本粘性的降低作用在内部信息环境较差、资产密集度较高、管理层乐观预期倾向较高以及帝国构建动机较强的子样本中更为显著,表明ERP系统能在原有信息环境的基础上增加信息质量,并通过降低资源调整成本、抑制管理者乐观预期偏差以及减少代理问题降低成本粘性。
This paper examines whether enterprise resource planning(ERP)systems can lower firms’ cost stickiness.Using manually collected data on ERP system implementation in Chinese listed firms over the period 2001-2018,we find that on average costs are less sticky for firms that have implemented ERP systems.A breakdown analysis of cost components show that ERP system implementation lowers the stickiness of cost of goods sold and SG&A expenses.Further analyses show that the association between ERP system implementation and cost stickiness is more pronounced for firms with lower internal information environment quality,greater asset intensity,greater optimistic expectation propensity,and greater empire-building incentives,suggesting that ERP systems can increase information quality,and lower cost stickiness by reducing resource adjustment costs,managerial optimistic expectation bias,and agency problems.
出处
《会计研究》
CSSCI
北大核心
2020年第11期47-59,共13页
Accounting Research
基金
国家自然科学基金面上项目“预算管理程序公平:决定因素与影响后果”(71672208)的阶段性成果
北京邮电大学中央高校基本科研业务费专项资金项目(2020RC30)的资助。
关键词
ERP
成本粘性
资源调整
决策支持
ERP
Cost Stickiness
Resource Adjustment
Decision Support
