Does Risk Disclosure Matter for Trade Credit?
نویسندگان
چکیده
منابع مشابه
Inventory, Risk Shifting, and Trade Credit
T paper has two objectives. First, we show how debt financing distorts a retailer’s inventory decision when the retailer orders multiple items that differ in cost, revenue, or demand parameters. Taking advantage of limited liability, a debt-financed retailer favors items with a low salvage value, those with a high profit margin, and those that represent a large proportion of the total inventory...
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ژورنال
عنوان ژورنال: Journal of Risk and Financial Management
سال: 2021
ISSN: 1911-8074
DOI: 10.3390/jrfm14030133