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How does the data element-driven industry affect corporate cash holdings? Evidence from Chinese listed companies. [PDF]
Xiang Y, Xu M.
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The impact of financing conditions on global deep decarbonization
Waidelich P +5 more
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Sources of financing: Which ones are more effective in innovation-growth linkage?
Santos AM, Cincera M, Cerulli G.
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Trade credit, ownership and informal financing in China
Pacific-Basin Finance Journal, 2019Abstract We investigate informal financing such as trade credit in China. The credit for both state-owned enterprises (SOEs) and non-SOEs dramatically increased over time. Our results suggest that non-SOEs rely more on trade credit financing, but this effect is mitigated by supplier's liquidity position.
Xiaoming Wang +3 more
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Corporate digital transformation and trade credit financing
Journal of Business Research, 2023Zhongsheng Zhou, Zhuo Li
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Inventory Policy and Trade Credit Financing
Management Science, 1973It is common business practice to purchase inventory on open account. Consequently, purchased inventory can be considered to be financed in whole or in part with trade credit. This paper investigates the relationship between inventory policy and trade credit policy in the context of the basic lot-size model.
Charles W. Haley, Robert C. Higgins
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Bank Lending, Inventory Financing and Trade Credit
2009 Second International Workshop on Knowledge Discovery and Data Mining, 2009We analysis bank lending and trade credit,and compare them with another new source,that is inventory financing. And we give empirical evidence and conclude that trade credit is more important for small firms, but these two sources can not satisfy all the financing demand, so inventory financing will be more help for the development of small firms.
Zhonghua Ma, Daoli Zhu
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Can State Ownership Facilitate Trade Credit Financing?
2012 Second International Conference on Business Computing and Global Informatization, 2012This paper investigates the effect of state ownership on trade credit financing among Chinese firms. We find that besides market power, state ownership also has a significantly positive effect on the use of trade credit, and thus can serve as a substitute of market power to facilitate trade credit financing.
Ying Qian-wei +2 more
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Efficiency of Trade Credit Finance in China
Comparative Economic Studies, 2011Using 1999–2006 firm-level microdata for rural firms in China, we investigate the efficiency of financial intermediation through trade credit. We find statistical evidence that financial intermediation through trade credit is more efficient than bank finance.
Go Yano, Maho Shiraishi
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