中文摘要：

由于代理问题的影响,公司经营资源随着业务量增减变动的不对称变化可能会引发成本费用的粘性行为。从代理成本角度出发,探讨第一大股东控制权、大股东制衡对于费用粘性以及粘性差异造成的影响。结果表明：第一大股东控制权越高,管理费用粘性越高,销售费用粘性则越不显著;其他大股东对第一大股东制衡度越高越能有效抑制负面管理费用粘性,而对于销售费用粘性无显著影响。

英文摘要：

The corporation＇s management resources may trigger the cost stickiness behavior with the asymmetric changes of traffic＇s increase and decrease because of the effects of agency problems.From the agency cost＇s point of view,this paper explores effects of the largest shareholders and blockholders counterbalance on cost stickiness and difference of stickiness.The research results show that the higher control rights of the largest shareholders are,the higher the stickiness of administrative expenses is,and that the stickiness of sales costs is not remarkable.The behavior of blockholders counterbalance can effectively suppress negative stickiness of administration cost,but stickiness of selling cost is not remarkable.