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...

the main aim of this research is jurisprudential feasibility of receivable-backed securities dividends. liquidity management and correct guidance of them toward the productive sector is necessary for a developing country. due to the high percentage of receivable dividend in iran's capital market and the time-consuming nature of receivable dividend in investment companies, which leads to re...

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...

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 ...

As economic development and globalization continue, more companies are rapidly capturing market share increasing profits through credit sales, thus creating a large amount of accounts receivable. Strengthening the management receivable can not only prevent effectively control corresponding receivable, but also enhance company’s ability to recover Therefore, how properly manage is difficult issu...

ISO 9000 is the most popular and widely adopted meta-standard for quality and operational improvements in manufacturing supply chains. However, few studies have quantitatively examined its impact on supply chain efficiency. In this paper we measure the material and cash flow efficiency of ISO 9000 certified firms in terms of inventory days and account receivable days. We analyzed changes in the...

Provider charge entry systems offer many benefits to users and organizations. At Vanderbilt University Medical Center, a web-based provider charge entry system promises to deliver benefits in reducing days in accounts receivable, reducing labor required for claims and edit processing, and implementing business rules that deliver both strategic and financial benefits.

In traditional study of supply chain management, people mainly consider the decisions from perspective of the operations management, such as, capacity, inventory, ordering level, pricing, etc., and often ignore to consider the impact of financial flow within the supply chain. However, the key function of supply chain management is concerned with the coordination of material flows, information f...

The Bellevue Hospital sought to improve its performance in three areas-days in accounts receivable (A/R), denials, and charge capture-to enhance revenue integrity. Results included the following: A 30-percent reduction in days in A/R. A nearly 200 percent increase in bad debt collections. A more than $1.6 million reduction in denials write-offs. An improvement in net revenue of more than $1 mil...