Research on Trade Credit of Chinese Enterprises from Perspective of Accounts Receivable Financing
نویسندگان
چکیده
منابع مشابه
Accounts Receivable, Trade Debt and Reorganization
The optimal outcome of a firm in bankruptcy is to liquidate if its asset value is greater than its value as a going concern or, alternatively, to reorganize if it is worth more as a going concern. In this study, we identify firm asset and liability characteristics which may determine the likelihood of a firm successfully emerging from bankruptcy. We find two key factors influencing the success ...
متن کاملAn Analysis of the Construction of Total Risk Management Mechanism for Enterprises’ Accounts Receivable
The accounts receivable that exist in enterprises’ operational activities will slow down the turnover of capitals and cause risks of bad debts, what will block the normal circulation of cashes and restrain enterprises’ healthy and orderly development. Therefore, it is vital for Chinese enterprises to emphasize on the risk management and risk defense of accounts receivable. By theoretical analys...
متن کاملResearch on Financing and Decision from Micro Enterprises in China
At present, the financing of small and medium-sized enterprises in China’s market economy has caused great concern of the whole society. Small and medium-sized enterprises financing difficulties directly affect our country to complete the “public entrepreneurship, people’s innovation” goal. There are many reasons for the financing difficulties of SMEs, such as the small and medium-sized enterpr...
متن کاملThe Economics of Factoring Accounts Receivable
A moral hazard problem develops when a factor cannot contract upon a seller’s ex-post level of credit management. Because of the deleterious price impact of the moral hazard problem, sellers with a sufficiently high bankruptcy risk may be unable to factor their entire accounts receivable pool, even though they offer recourse. The structure of the equilibrium factoring contract is empirically te...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: DEStech Transactions on Social Science, Education and Human Science
سال: 2019
ISSN: 2475-0042
DOI: 10.12783/dtssehs/aems2018/28056