VI /302
Best Paper Awards
• Vol. 26. No. 1
Article Title: The Determinants and Market Consequences of Disclosure for Forward-
Looking R&D Expenditures
Authors: Chih-Hsien Liao, Vicky Lien
• Vol. 26. No. 3
Article Title: Electronic WOM and Online Review – A Literature Review
Authors: Chun-Yao Huang, Ping-Yu Liu
Special thanks go to Dr. Samuel Yin, President of Ruentex Financial Group, who
partially sponsors NTU Management Review through Yin-Xun-Ruo Educational Foundation,
allowing our journal to continuously publish distinguished publications.
Our appreciation also goes to the Research Institute for the Humanities and Social
Sciences, Ministry of Science and Technology, Executive Yuan (
行政院科技部人文社會科
學研究中心
) for sponsoring the hiring of editorial assistants.
Last but not least, we would like to thank T. N. Soong Foundation for its continuing
support. To encourage research in accounting, auditing, finance, taxation, information, and
management in Taiwan, the Foundation has sponsored the Best Master’s Thesis Award since
1996. Several winning papers were later published in
NTU Management Review
.
Introduction of This Edition
This edition of
NTU Management Review
contains eight articles. The following is a
brief introduction of the eight articles.
There are five articles related to finance and accounting in this issue. The first article by
Hsu, Lin, Liang and Liu examines whether a firm’s relationship with its major customers
affect the level of cost stickiness, a phenomenon where costs increase in response to the
increase in sales, but do not decrease proportionately when sales decrease by the equivalent
amount. The empirical results suggest that costs are less sticky for firms which have higher
concentrated customer bases and have more information from their customer-supplier
relationship through better information transfers along the supply chain.