Self-enforcing trade credit
نویسندگان
چکیده
منابع مشابه
Trade Credit Contracts
We employ a novel data set on almost 30,000 trade credit contracts to describe the broad characteristics of the parties that contract together and the key terms of these contracts. Whereas prior work has typically used information on only one side of the buyer-seller transaction, we utilize information on both, allowing for the first analysis of buyer-seller pairs. An equally important distinct...
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The basic financial purpose of an enterprise is maximization of its value. Trade credit management should also contribute to realization of this fundamental aim. Many of the current asset management models that are found in financial management literature assume book profit maximization as the basic financial purpose. These book profitbased models could be lacking in what relates to another aim...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 2017
ISSN: 0167-7187
DOI: 10.1016/j.ijindorg.2017.03.001