Shareholder Returns from Supplying Trade Credit
نویسندگان
چکیده
منابع مشابه
Shareholder Returns from Supplying Trade Credit
We examine shareholder wealth implications of supplying financing to customers. Robust results suggest that excess returns and changes in trade receivables are directly and significantly related. Further evidence indicates the value of receivables is higher for suppliers with stronger motives relating to operating and contracting costs. The results also suggest a discounted value of receivables...
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ژورنال
عنوان ژورنال: Financial Management
سال: 2012
ISSN: 0046-3892
DOI: 10.1111/j.1755-053x.2012.01198.x