Pengaruh Institutional Investor dan Competition Intensity terhadap Sticky Cost Behavior dengan Variabel Kontrol Asset Intensity

Abstract

This study examines the effect of institutional investors and competition intensity on sticky cost behavior with asset intensity as the control variable. As many as 77 companies from tourism, restaurant, and hotel in 2018-2021 was selected as sample. The results showed that institutional investors and competition intensity have no effect on sticky cost behavior. Institutional investors have no effect on sticky cost behavior due to low institutional ownership in tourism companies, restaurants, and hotels in 2018-2021. Competition intensity has no effect on sticky cost behavior due to the low intensity of competition in tourism companies, restaurants, and hotels in 2018-2021, so the competitive environment has not been able to provide information to investors, auditors, and parties involved in monitoring management behavior to adjust costs. This research provides a new contribution in the form of literature on the management and costs accounting field, especially regarding sticky cost behavior. Abstrak Penelitian ini menguji pengaruh negatif institutional investor dan competition intensity terhadap sticky cost behavior dengan asset intensity sebagai variabel kontrol. Sebanyak 77 perusahaan dipilih sebagai sampel yang berasal dari perusahaan pariwisata, restoran dan hotel tahun 2018-2021. Hasil penelitian menunjukkan bahwa institutional investor dan competition intensity tidak berpengaruh terhadap sticky cost behavior. Institutional investor tidak berpengaruh terhadap sticky cost behavior karena rendahnya kepemilikan institusi pada perusahaan pariwisata, restoran dan hotel pada tahun 2018-2021. Competition intensity tidak memiliki pengaruh terhadap sticky cost behavior akibat rendahnya intensitas persaingan pada perusahaan pariwisata, restoran dan hotel pada tahun 2018-2021. Penelitian ini memberikan kontribusi baru berupa literatur di bidang akuntansi manajemen dan biaya khususnya mengenai sticky cost behavior.