அகாடமி ஆஃப் அக்கவுண்டிங் அண்ட் ஃபைனான்சியல் ஸ்டடீஸ் ஜர்னல்

1528-2635

சுருக்கம்

Management's Tone and Cost Behavior

Jin Ho Kim, Jong Eun Lee

This study investigates the relation between MD&A tone and cost behavior. To test the hypothesis that MD&A tone could be a predictor of firm cost behavior, textual analysis method was used with 10-K data. The test results exhibit that firm’s cost stickiness is positively associated with the management’s tone change. These results suggest that the management’s tone change, MD&A tone change, is one of the important determinants of the cost behavior. It implicates that managers reflect the firm’s current and future status in the MD&A section, and it could be a predictor of firm cost behavior.

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