EFFECT OF DEMAND UNCERTAINTY ON COST STRUCTURE OF  TURKISH MANUFACTURING FIRMS

Hakan ÖZKAYA; Umut UYAR

doi:https://doi.org/10.18092/ulikidince.453216

Makale detayları

EFFECT OF DEMAND UNCERTAINTY ON COST STRUCTURE OF TURKISH MANUFACTURING FIRMS

Yazarlar:

Hakan ÖZKAYA | Umut UYAR

Yayıncı:

Kenan ÇELİK

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

International Journal of Economics and Administrative Studies 2019 Issue 22, pp.123-134

Belge Tipi:

Makale

Yayın Tarihi:

12/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000640988

Sıklık:

Üç Aylık

eISSN:

1307-9859

pISSN:

1307-9832

DOI:

https://doi.org/10.18092/ulikidince.453216

Özet:

 


Cost rigidity defines the characteristics of cost structure which is defined as the proportion of fixed costs to variable costs of firms. When the proportion of fixed costs are higher than the variable costs, then the cost structure is defined as a rigid cost structure. The structure of operating costs of Turkish manufacturing firms between years 1995 and 2014 is tested in terms of their “rigidity” in this paper. Moreover, the effect of demand uncertainty, as measured by the standard deviation of net sales, on the cost structure of operating costs is also tested. Findings support that higher levels of demand uncertainty are associated with higher portions of fixed costs in the cost structure (i.e., more rigid cost structure). That result contradicts the common wisdom that firms tend to lower the fixed costs in their cost structure as they are confronted with uncertainty.  

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Makale detayları

EFFECT OF DEMAND UNCERTAINTY ON COST STRUCTURE OF TURKISH MANUFACTURING FIRMS

Yazarlar: Hakan ÖZKAYA | Umut UYAR

Yayıncı: Kenan ÇELİK

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: International Journal of Economics and Administrative Studies 2019 Issue 22, pp.123-134

Belge Tipi: Makale

Yayın Tarihi: 12/2018

Belge Dili: İngilizce

Document ID (Org No.): 2000640988

Sıklık: Üç Aylık

eISSN: 1307-9859

pISSN: 1307-9832

DOI: https://doi.org/10.18092/ulikidince.453216

Sayı

Yazarlar:

Hakan ÖZKAYA | Umut UYAR

Yayıncı:

Kenan ÇELİK

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

International Journal of Economics and Administrative Studies 2019 Issue 22, pp.123-134

Belge Tipi:

Makale

Yayın Tarihi:

12/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000640988

Sıklık:

Üç Aylık

eISSN:

1307-9859

pISSN:

1307-9832

DOI:

https://doi.org/10.18092/ulikidince.453216