Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17–19, 2023, Beijing, China

Research Article

Study on the Influence of Regional Social Capital on the Cost Stickiness of GEM Enterprises

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  • @INPROCEEDINGS{10.4108/eai.17-11-2023.2342737,
        author={Yanan  Wang and Zhaoya  Zhu},
        title={Study on the Influence of Regional Social Capital on the Cost Stickiness of GEM Enterprises},
        proceedings={Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17--19, 2023, Beijing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2024},
        month={2},
        keywords={regional social capital; cost stickiness; linear regression model},
        doi={10.4108/eai.17-11-2023.2342737}
    }
    
  • Yanan Wang
    Zhaoya Zhu
    Year: 2024
    Study on the Influence of Regional Social Capital on the Cost Stickiness of GEM Enterprises
    ICEMME
    EAI
    DOI: 10.4108/eai.17-11-2023.2342737
Yanan Wang1, Zhaoya Zhu1,*
  • 1: Hebei University of Science and Technology
*Contact email: 879110846@qq.com

Abstract

This paper selects the financial data of China's GEM enterprises from 2017 to 2021 for research. Using Stata15.0 to carry out linear regression of the model, the empirical analysis of the impact of regional social capital on cost stickiness, the study finds that regional social capital has a significant inhibitory effect on cost stickiness. Further analysis shows that regional social capital and corporate governance have a substitution effect on inhibiting cost stickiness. This paper expands the research on the influencing factors of cost stickiness and enriches the literature on the impact of regional social capital on firm cost management.