Results 21 to 30 of about 1,061,026 (299)
Two echelon partial trade credit financing in a supply chain derived algebraically [PDF]
Yugoslav Journal of Operations Research, 2012 Trade credit financing has become a powerful tool to improve sales & profit in an industry. In general, a supplier/retailer frequently offers trade credit to its credit risk downstream member in order to stimulate their respective sales.
Jaggi Chandra K., Verma Mona
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Os Determinantes do Crédito Comercial Durante e Após a Crise Financeira Internacional de 2008
Notas Económicas, 2023 This work analyses the determinants of trade credit granted and received and the effect of the 2008 financial crisis on it. Using a sample of 96,417 Portuguese SMEs from the non-financial sector for the period 2010–2019, we found that trade credit plays
Carlos Carreira, Pedro Silva
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Trade Shocks and Credit Reallocation [PDF]
SSRN Electronic Journal, 2020 This paper identifies a credit-supply contraction that arises endogenously after trade liberalization. Banks with loan portfolios concentrated in sectors exposed to competition from China face an increase in nonperforming loans after China’s entry into the World Trade Organization.
Federico, Stefano +2 more
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Do trade credits finance long-term investments?
Heliyon, 2023 Our model indicates that European firms across all size categories use trade credits to purchase 6%–15% of tangible fixed assets and 14%–30% of intangible assets in the short-run.
Jan Bartholdy, Dennis Olson
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Trade credit and supplier competition [PDF]
Journal of Financial Economics, 2016 This paper examines how competition among suppliers affects their willingness to provide trade credit financing. Trade credit extended by a supplier to a cash constrained retailer allows the latter to increase cash purchases from its other suppliers, leading to a free rider problem. A supplier that represents a smaller share of the retailer's purchases
Chod, J, Lyandres, E, Yang, S A
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Creditor rights, monetary policy, financial crisis, and trade credit
Business Research Quarterly, 2023 This article analyses how creditor rights affect the trade credit channel of monetary policy. We also aim to test whether these effects were conditioned by the global financial crisis of 2008. Using a sample of 15,356 firms from 29 countries (2001–2017),
María Cantero-Saiz +2 more
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Stock liquidity and corporate trade credit strategies: evidence from China
Journal of Business Economics and Management, 2022 This study investigates the nexus of stock liquidity and trade-credit policies in China from 2002 to 2017. The estimates are robust to alternative proxies, various fixed-effects, and the exogenous impact of Chinese split share structure reforms (SSSR ...
Umeair Shahzad, Jing Liu, Fukai Luo
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Government Credit and Trade War [PDF]
SSRN Electronic Journal, 2019 Using firm-level data from Chinese Industry Census and loan data from the China Development Bank (CDB), we document two essential mechanisms underlying CDB credit positive spillovers across the supply chain. First, CDB loans to upstream industries significantly lower the prices of intermediate goods sold by upstream firms, which, in turn, reduces the ...
Cai, Ning +4 more
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Determinants of Supply and Demand for Trade Credit by Micro, Small and Medium-Sized Enterprises
Revista Contabilidade & Finanças, 2015 This article investigates the determinant factors of supply and demand for trade credit by micro, small and medium-sized enterprises (MSMEs), using data collected in a survey of managers from 481 firms in 32 cities in the states of São Paulo and Minas ...
Claudinê Jordão de Carvalho +1 more
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, 2023 Trade credit remains an important source of finance for firms in developing countries and many firms in developed countries, especially those that are young, small, or informationally opaque for other reasons. This paper summarizes the literature and explains the pervasiveness of trade credit,
Cull, Robert +2 more
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