Research on the Influence of International Oil Price Fluctuation on the Cost Stickiness of Manufacturing Enterprises——Analyzing from the Perspective of Risk Management
Based on the perspective of enterprise risk management,this paper used the panel data of Chi-na's manufacturing enterprises from 2002 to 2022 to analyze the impact of international oil price fluctuation on the cost stickiness of manufacturing enterprises.The results show that the measures taken by manufacturing en-terprises to deal with the uncertainty risk of oil price fluctuation can reduce the cost stickiness.Manufacturing enterprises can reduce the stickiness of enterprise cost by increasing profit retention motivation and restraining the optimistic expectation of management.Although the decline in the stickiness of enterprise costs caused by oil price fluctuations has alleviated enterprise risks,it has reduced the efficiency of labor resource allocation in the long run and damaged the foundation of long-term development of enterprises.
oil price fluctuationcost stickinessrisk managementefficiency of labor resource allocation