Results 21 to 30 of about 35,691 (261)
Testing the Trade Credit and Trade Link: Evidence from Data on Export Credit Insurance [PDF]
SSRN Electronic Journal, 2012 Trade finance has received special attention during the financial crisis as one of the potential culprits for the great trade collapse. Several researchers have used micro level data to establish the link between trade finance and trade, especially so during the financial crisis, and have found diverting results. This paper analyses the effect of trade
Auboin, Marc, Engemann, Martina
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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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Trade Credits and Bank Credits in International Trade: Substitutes or Complements? [PDF]
The World Economy, 2014 AbstractTrade credits are an important financing tool for internationally active firms. This is surprising, as trade credits are generally more expensive than bank credits and thus a costly substitute for bank financing. In this paper, we investigate the relation between trade credits and bank credits for exporting firms. We develop a theoretical model
Martina Engemann +2 more
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Corporate Sustainability and Trade Credit: Evidence from ESG [PDF]
SHS Web of Conferences, 2023 ESG is an extension of the concept of green investment and reflects the concept of sustainable development of enterprises. More and more enterprises are using trade credit financing for their business which is an important part of debt financing. But the
Wang Shiyu
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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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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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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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IEEE Access, 2018 In business practice, suppliers and retailers frequently offer trade credit to down-stream members to decrease the inventory level and promote sales.
Chuan Zhang +3 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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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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