Jurusan Akuntansi Fakultas Ekonomi UPN “Veteran” Yogyakarta
Jl. SWK 104 (Lingkar Utara) Condongcatur Depok, Sleman, Yogyakarta, 55283.

Korespondensi dengan Penulis:
Windyastuti: Telp./Fax. +62 274 487 273


This study analyzed the effect of labor variable on the cost stickiness in Indonesian manufacturing industry. The research data included sales, general and administration (SG&A) and net sales of manufacturing companies that go public on the Indonesian stock effect. The data were supplemented by data of unions and regulations on severance. This study used regression analysis based on panel data models. The results showed that sales, general and administration (SG&A) cost was sticky. The decreasing of the sales, general and administration (SG&A) cost when net sales decrease was smaller than the increase of this cost when equivalent increased in net sales. The labor union increased the stickiness cost of SG&A. The SG&A cost did not decrease even though at the same time the net sales decreased.  Furthermore, the larger severance pay did not increase stickiness SG&A cost. When the net sales decreased, the employer increased the sales cost in order to increase marketing activity so the net sales increased again. The increasing of sales cost in turn increased the cost of SG&A.

Keywords: cost stickiness, labor union, net sales, severance pay

Full Text (pdf) 


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s