Trade credit and corporate growth

While the underlying causal linkage between trade credit and corporate growth has mainly been explored, primary factors that channel relationship are limited. This article hypothesises a nonlinear due to existing theoretical arguments on benefit cost of using suppliers' by corporations enhance growth. Based panel 23,023 non-financial companies from United Kingdom over 10-year period, evidence this study reveals (concave) relation growth: positive for low received negative high received. We also find be sensitive financial crisis, constraints strategy. The predictability is stronger during among financially constrained pursuing an aggressive higher in firms move closer achieving optimal level. holds both above- below-optimal deviations. These findings have implications more balanced nuanced view management.