IDEAS home Printed from https://ideas.repec.org/a/taf/raaexx/v31y2024i3p477-493.html
   My bibliography  Save this article

Influence of COVID-19 on asymmetric cost behavior and intellectual capital efficiency: a comparison of Australian and Chinese listed firms

Author

Listed:
  • Yiru Yang
  • Deyu Chen

Abstract

This study examines whether intellectual capital efficiency affects the asymmetric cost behavior of managers and whether such influences were impacted by the COVID-19 pandemic in Australia and China. The sample consists of Australian and Chinese-listed firms from 2018 to 2021. The results found that intellectual capital efficiency increases the cost stickiness in general for both countries. However, the degree of cost stickiness caused by intellectual capital efficiency is significantly more pronounced in Australia than in China. When Chinese firms have government connections, the degree of cost stickiness caused by the intellectual capital efficiency increases and the significant difference in cost stickiness between China and Australia ceases. In addition, this study found that COVID-19 affected the degree of cost stickiness in China more profoundly than in Australia. This study presents important implications for external stakeholders to assess a firm’s cost behavior by considering a firm’s intellectual capital efficiency as the determinant of asymmetric cost behavior.

Suggested Citation

  • Yiru Yang & Deyu Chen, 2024. "Influence of COVID-19 on asymmetric cost behavior and intellectual capital efficiency: a comparison of Australian and Chinese listed firms," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 31(3), pages 477-493, May.
    • Handle: RePEc:taf:raaexx:v:31:y:2024:i:3:p:477-493
    DOI: 10.1080/16081625.2023.2194887
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/16081625.2023.2194887
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/16081625.2023.2194887?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:raaexx:v:31:y:2024:i:3:p:477-493. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/raae20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.