基于供应链视角的供应商关系对企业成本粘性影响研究——来自中国制造业上市公司的经验数据
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摘要
供应商关系相关成本是供应链企业成本的最重要组成部分,供应商关系对供应链企业成本粘性存在何种影响?以2009—2017年沪深主板A股制造业上市公司为研究对象,考察供应商集中度,供应链距离与制造商治理方式三方面供应商关系对供应链企业成本粘性的影响效应。研究发现:供应商集中度与供应链企业成本粘性间存在倒U型的非线性关系;供应链地理距离越远,企业成本粘性越大;与短期合作关系相比,供应链合作伙伴关系对缓解企业成本粘性的效果更强。该研究结论丰富了供应商关系对制造企业成本粘性的研究。
This paper investigates whether the supplier relationship, namely supplier concentration, supply chain distance, and manufacturer ' s governance choice,is related to the cost stickiness of supply chain enterprises. Thus, Chinese firms of manufacturing industry listed either on Shenzhen or Shanghai stock exchange between 2009 and 2017 are examined. The empirical analyses show that(1) there is an inverse Ushaped nonlinear relationship between supplier concentration and cost stickiness.(2) Supply chain distance is positively and significantly related to cost stickiness.(3) Supply chain partnership governance has better performance in alleviating cost stickiness for manufacturer compared to arm 's-length governance.Overall,the study shows the importance of supplier relationship when analyzing a supply chain enterprise's cost behavior.
This paper investigates whether the supplier relationship, namely supplier concentration, supply chain distance, and manufacturer ' s governance choice,is related to the cost stickiness of supply chain enterprises. Thus, Chinese firms of manufacturing industry listed either on Shenzhen or Shanghai stock exchange between 2009 and 2017 are examined. The empirical analyses show that(1) there is an inverse Ushaped nonlinear relationship between supplier concentration and cost stickiness.(2) Supply chain distance is positively and significantly related to cost stickiness.(3) Supply chain partnership governance has better performance in alleviating cost stickiness for manufacturer compared to arm 's-length governance.Overall,the study shows the importance of supplier relationship when analyzing a supply chain enterprise's cost behavior.
引文
[1]MICHELI G,CAGNO E,GIULIO A.Reducing the total cost of supply through risk-efficiency-based supplier selection in the EPC industry[J].Journal of Purchasing&Supply Management,2009,15(3):166-177.
[2]陈良华,祖雅菲,韩静.供应链成本分配的权变结构研究[J].会计研究,2016(10):50-55.
[3]ANDERSON S W,DEKKER H C.Strategic cost management in supply chains,Part 1:structural cost management[J].Accounting Horizons,2009,23(2):201-220.
[4]BANKER R D,BYZALOV D.Asymmetric cost behavior[J].Journal of Management Accounting Research,2014,26(2):43-79.
[5]STEVENSON M,SPRING M.Supply chain flexibility:an inter-firm empirical study[J].International Journal of Operations&Production Management,2009,29(9):946-971.
[6]于浩洋,王满,黄波.内部控制质量、供应商关系与成本粘性[J].管理科学,2017,30(3):122-135.
[7]王雄元,高开娟.客户关系与企业成本粘性:敲竹杠还是合作[J].南开管理评论,2017,20(1):132-142.
[8]李庭燎,陈良华,盛金鑫.供应链中企业地位与企业自主创新能力关系[J].河海大学学报(哲学社会科学版),2016,18(2):61-68.
[9]江伟,底璐璐,姚文韬.客户集中度与企业成本粘性---来自中国制造业上市公司的经验证据[J].金融研究,2017(9):192-206.
[10]VLISMAS O,VENIERIS G,NAOUM V C.Organization capital and sticky behaviour of selling,general and administrative expenses[J].Management Accounting Research,2015,26:54-82.
[11]RAI A,TANG X.Leveraging IT capabilities and competitive process capabilities for the management of interorganizational relationship portfolios[J].Information Systems Research,2010,21(3):516-542.
[12]NARAYANAN S,NARASIMHAN R.Governance choice,sourcing relationship characteristics,and relationship performance[J].Decision Sciences,2014,45(4):717-751.
[13]卢强,宋华,于亢亢.供应链金融中网络连接对中小企业融资质量的影响研究[J].商业经济与管理,2018(9):15-26.
[14]程钧谟,王磊,王玉秀.供应链企业间知识共享的复杂网络特征分析[J].中国管理信息化,2012,15(17):78-80.
[15]WEISS D.Cost behavior and analysts’earnings forecasts[J].The Accounting Review,2010,85(4):1441-1471.
[16]ANDERSON M C,BANKER R D,JANAKIRAMAN S N.Are selling,general,and administrative costs“sticky”?[J].Journal of Accounting Research,2003,41(1):47-63.
[17]BALAKRISHNAN R,PETERSEN M J,SODERSTROMN S.Does capacity utilization affect the stickiness of cost?[J].Journal of Accounting,Auditing&Finance,2004,19(3):283-299.
[18]毕学成,谷人旭,苏勤.产业集聚背景下制造业省内转移过程与机理[J].河海大学学报(哲学社会科学版),2018,20(3):77-84.
[19]陈阳.东北地区制造业空间集聚时空特征研究[J].区域经济评论,2017(3):109-116.
①由于部分样本呈现“负”粘性,本文主要研究供应链关系对制造企业成本粘性的影响,故在进行描述性统计时先对这部分样本进行剔除,在本文第五部分再进行进一步讨论。
①东部为京、津、冀、沪、苏、浙、闽、鲁、粤和琼10个省(市、区);中部为晋、皖、赣、豫、鄂和湘6个省份;西部为蒙、桂、渝、川、黔、滇、藏、陕、甘、青、宁和新12个省(区);东北部为黑、吉、辽3个省份。
[2]陈良华,祖雅菲,韩静.供应链成本分配的权变结构研究[J].会计研究,2016(10):50-55.
[3]ANDERSON S W,DEKKER H C.Strategic cost management in supply chains,Part 1:structural cost management[J].Accounting Horizons,2009,23(2):201-220.
[4]BANKER R D,BYZALOV D.Asymmetric cost behavior[J].Journal of Management Accounting Research,2014,26(2):43-79.
[5]STEVENSON M,SPRING M.Supply chain flexibility:an inter-firm empirical study[J].International Journal of Operations&Production Management,2009,29(9):946-971.
[6]于浩洋,王满,黄波.内部控制质量、供应商关系与成本粘性[J].管理科学,2017,30(3):122-135.
[7]王雄元,高开娟.客户关系与企业成本粘性:敲竹杠还是合作[J].南开管理评论,2017,20(1):132-142.
[8]李庭燎,陈良华,盛金鑫.供应链中企业地位与企业自主创新能力关系[J].河海大学学报(哲学社会科学版),2016,18(2):61-68.
[9]江伟,底璐璐,姚文韬.客户集中度与企业成本粘性---来自中国制造业上市公司的经验证据[J].金融研究,2017(9):192-206.
[10]VLISMAS O,VENIERIS G,NAOUM V C.Organization capital and sticky behaviour of selling,general and administrative expenses[J].Management Accounting Research,2015,26:54-82.
[11]RAI A,TANG X.Leveraging IT capabilities and competitive process capabilities for the management of interorganizational relationship portfolios[J].Information Systems Research,2010,21(3):516-542.
[12]NARAYANAN S,NARASIMHAN R.Governance choice,sourcing relationship characteristics,and relationship performance[J].Decision Sciences,2014,45(4):717-751.
[13]卢强,宋华,于亢亢.供应链金融中网络连接对中小企业融资质量的影响研究[J].商业经济与管理,2018(9):15-26.
[14]程钧谟,王磊,王玉秀.供应链企业间知识共享的复杂网络特征分析[J].中国管理信息化,2012,15(17):78-80.
[15]WEISS D.Cost behavior and analysts’earnings forecasts[J].The Accounting Review,2010,85(4):1441-1471.
[16]ANDERSON M C,BANKER R D,JANAKIRAMAN S N.Are selling,general,and administrative costs“sticky”?[J].Journal of Accounting Research,2003,41(1):47-63.
[17]BALAKRISHNAN R,PETERSEN M J,SODERSTROMN S.Does capacity utilization affect the stickiness of cost?[J].Journal of Accounting,Auditing&Finance,2004,19(3):283-299.
[18]毕学成,谷人旭,苏勤.产业集聚背景下制造业省内转移过程与机理[J].河海大学学报(哲学社会科学版),2018,20(3):77-84.
[19]陈阳.东北地区制造业空间集聚时空特征研究[J].区域经济评论,2017(3):109-116.
①由于部分样本呈现“负”粘性,本文主要研究供应链关系对制造企业成本粘性的影响,故在进行描述性统计时先对这部分样本进行剔除,在本文第五部分再进行进一步讨论。
①东部为京、津、冀、沪、苏、浙、闽、鲁、粤和琼10个省(市、区);中部为晋、皖、赣、豫、鄂和湘6个省份;西部为蒙、桂、渝、川、黔、滇、藏、陕、甘、青、宁和新12个省(区);东北部为黑、吉、辽3个省份。