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Cost-structure and the volatility of capitalism
University of Gävle, Faculty of Education and Business Studies, Department of Business and Economic Studies, Business administration. Linnéuniversitetet.ORCID iD: 0000-0003-3323-907X
2019 (English)In: 12th Annual Conference of the EuroMed Academy of Business Conference Proceedings: Business Management Theories and Practices in a Dynamic Competitive Environment, Euromed Press , 2019, , p. 8Conference paper, Published paper (Refereed)
Abstract [en]

This conceptual paper explores the phenomena of changing cost-structures and the implications for the volatility of capitalism and the possibility to manage firms in such a hostile environment and proposes future research. It also provides an explanation of why the relevance of accounting is lost, the so-called “relevance lost” debate (see among others Francis

& Schipper, 1999).The changing cost-structures raises fundamental questions concerning the resulting the volatility of capitalism and the management of firms in such an increasingly more volatile environment. In Philipson, Johansson & Scheley (2016), we raised the question if it was possible to “...to ride the dragon.” Considering the importance of these phenomena, it is astonishing that we have not found any empirical research concerning them. They restresearch questions, based on the author’s almost 25 years of experience, as a senior executive in Scandinavian industry.

Place, publisher, year, edition, pages
Euromed Press , 2019. , p. 8
Series
EuroMed Academy of Business Conference Book of Proceedings, ISSN 2547-8516
Keywords [en]
Cost-structure, volatility, risk
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hig:diva-31247ISBN: 978-9963-711-81-9 (electronic)OAI: oai:DiVA.org:hig-31247DiVA, id: diva2:1376836
Conference
the 12th Annual Conference of the EuroMed Academy of Business, September 18-20 2019, Thessaloniki, Greece
Available from: 2019-12-10 Created: 2019-12-10 Last updated: 2019-12-12Bibliographically approved

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Philipson, Sarah

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard-cite-them-right
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • sv-SE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • de-DE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf