Pengaruh Leverage, Asset Intensity, Return On Equity (Roe), Dan Employee Intensity Terhadap Cost Stickiness (Analisis Data Panel Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia)

Abstract

The study aims to test and determine the impact of leverage, asset intensity, return on equity (ROE), and employee intensity on cost stickiness both partially and simultaneously in food and beverage companies listed in the Indonesian Stock Exchange period 2018-2022. The study used secondary data from the annual reports available on the Indonesian Stock Exchange website and the respective companies' websites using samples of 31 companies. Sampling using purposive sampling techniques. The results of this study show that leverage and asset intensity have no significant effect on cost stickiness. Mean while, return on equity (ROE) has a negative impact on the level of cost stickiness in sales, administrative, and general costs. The imployee intensity variable gives a positive impact on increasing the level of cost stickiness, while Leverage, asset intensity, return on equity (ROE), and employee intensity together have an effect on the cost stickiness.