(collectivism), this paper examines how such individualism affects firms' cost structure decisions within a sample of Chinese listed … firms. The results show that individualistic chairmen tend to choose a rigid cost structure. Further analysis shows that … firm has a low level of financial leverage. This paper contributes to the literature on firms' cost structure decisions in …

the study is to demonstrate that different assumptions about the cost structure, perhaps equally plausible on a priori …

This study empirically examines the association between a firm’s cost structure and the discretionary investment (i …. Cost structure acts via a reduction in overinvestment rather than amplified underinvestment. Tests of cash holdings and …