The dynamics of firm competitiveness: Evidence from cost behavior of Filipino firms
College
Ramon V. Del Rosario College of Business
Department/Unit
Accountancy
Document Type
Article
Source Title
Academy of Accounting and Financial Studies Journal
Volume
18
Issue
4
First Page
84
Last Page
94
Publication Date
1-1-2014
Abstract
The challenges of our modern times require firms to be competitive for long-term survival. Competitive advantage is not only measured by the revenues (top-line) and profits (bottom-line) but also by how firms operate efficiently (costs). Recent studies show another dimension to cost behavior pattern, called "sticky cost", which explain how firms are able to adjust their resources with changes in activity-levels due to either temporary market fluctuations or a more permanent demand shift. Using panel data analysis, this study analyzed and confirmed asymmetrical cost behavior of Philippine firms. When compared with other countries, the results provide an indication why they are less competitive.
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Recommended Citation
Uy, A. O. (2014). The dynamics of firm competitiveness: Evidence from cost behavior of Filipino firms. Academy of Accounting and Financial Studies Journal, 18 (4), 84-94. Retrieved from https://animorepository.dlsu.edu.ph/faculty_research/2859
Disciplines
Accounting | Business Administration, Management, and Operations
Keywords
Competition; Business enterprises—Cost of operation
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