Factors Affecting Sticky Cost
Abstract
This study aims to examine the effect of sales, firm size, asset intensity, intellectual capital and leverage on sticky costs in healthcare sector manufacturing companies listed on the Indonesia Stock Exchange in 2019-2022. The population in this study were 28 companies, with a purposive sampling method, a sample of 19 companies was determined for 4 years of observation so that the total observation data obtained was 76 observations. The processing results according to the model selection test, concluded that the data used a fixed effect model. Based on the panel data regression test, the results of this study indicate that partially, the sales variable and the leverage variable affect sticky costs. While the variables of firm size, asset intensity and intellectual capital have no effect on sticky costs in healthcare companies listed on the Indonesia Stock Exchange in 2019-2022. Novelty in this study is to add the Leverage variable and differences in the observation year and company sector, namely in the Healtcare sub-sector manufacturing companies listed on the IDX in 2019-2022.
Moraref