Supplier Association Relationship and Cost Stickiness
—Analysis of Cooperation Effect Based on Environmental Uncertainty ()
ABSTRACT
From different perspectives with supplier relationships as the entry
point, this paper explores the impact of external enterprises on the cost
stickiness of listed companies based on the data of listed manufacturing
companies in Shanghai and Shenzhen from 2016 to 2019. The results show that
when the main suppliers are the associated companies of the listed company, the
suppliers’ correlation degree and the influence of the associated suppliers
will significantly reduce the cost stickiness, while the suppliers’ volatility
degree will significantly increase the cost stickiness. Further researches show
that in the samples with high environmental uncertainty, associated suppliers
can exert more cooperative effects. State-owned enterprises can better deal
with the cooperative relationship with associated suppliers, thus reducing cost
stickiness. This study enriches the related research on the correlation
relationship of supply chain to cost
stickiness. Under the current background of economic transformation and
upgrading, choosing the right supplier relationship can effectively deal with
the negative impact of environmental uncertainty, reflecting the “alliance
effect”.
Share and Cite:
Yan, Y. (2021) Supplier Association Relationship and Cost Stickiness
—Analysis of Cooperation Effect Based on Environmental Uncertainty.
Open Journal of Business and Management,
9, 1210-1229. doi:
10.4236/ojbm.2021.93065.
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