Research on CVP analysis based on option pricing theory and asymmetric cost behavior

2015 Fiscal Year Final Research Report

• Project/Area Number: 24530555
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Accounting
• Research Institution: Kanazawa University
• Principal Investigator: Sato Kiyokazu 金沢大学, 経済学経営学系, 教授 (40258819)
• Project Period (FY): 2012-04-01 – 2016-03-31
• Keywords: 不確実性下のＣＶＰ分析 / オプション理論 / 原価態様の非対称性 / 財務諸表分析 / 短期利益計画

Outline of Final Research Achievements

Cost-Volume-Profit (CVP) analysis practiced in corporate accounting and explained in fundamental accounting textbook is an ex-post method on the presumption that relationships between costs and revenues are preserved in static and certainty conditions. In 1980's, on the other hand, some previous studies on static CVP analysis model under uncertainty that costs or revenues are set as random variables has shown. For these earlier studies, this research extends CVP analyses to dynamic random process model based on option pricing theory by introducing stochastic process of revenues and asymmetric cost behavior into relationship between costs and revenues.

Free Research Field

会計学