H3: | Stickiness of SGA is higher in companies with higher level of total assets. For acceptance of this hypothesis, in model (2.a) β1 should be >0, β2 < 0 and β4 < 0. |
H4: | Stickiness of COGS is higher in companies with higher level of total assets. For acceptance of this hypothesis, in model (2.b) β1 should be >0, β2 < 0 and β4 < 0. |
H5: | Stickiness of SGA is lower in companies with higher level of total debts. For acceptance of this hypothesis, in model (2.a) β1 should be >0, β2 < 0 and β5 > 0. |
H6: | Stickiness of COGS is lower in companies with higher level of total debts. For acceptance of this hypothesis, in model (2.b) β1 should be >0, β2 < 0 and β5 > 0. |
H7: | Stickiness of SGA is higher in companies with higher level of total cash-flow. For acceptance of this hypothesis, in model (2.a) β1 should be >0, β2 < 0 and β6 < 0. |
H8: | Stickiness of COGS is higher in companies with higher level of total cash-flow. For acceptance of this hypothesis, in model (2.b) β1 should be >0, β2 < 0 and β6 < 0. |