Exploring the relationship between adjustment cost and stickiness cost
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Abstract
The purpose of this study was to analyse the stickiness cost, and how adjustment cost gave impact on stickiness cost. Asset intensity was proxy of adjustment cost in this research. The population of this research is manufacturing companies listed in Indonesia Stock Exchange in 2016. There are 124 companies obtained by using purposive sampling method. The analysis tool used is multiple linear regression. The results showed that stickiness cost occurred on manufacturing companies listed in Indonesia Stock Exchange. Furthermore, the results indicate the level of asset intensity in accordance with the level of stickiness cost changes. So it can be concluded that adjustment cost affects stickiness cost.
Keywords: Adjustment cost, stickiness cost, asset intensity.
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