Shahzad, Umeair; Zhao, Lingge; Liu, Jing; Luo, Fukai - In: Journal of applied economics 25 (2022) 1, pp. 412-432
This study evaluates the nexus ofenterprise value and trade-credit strategies. Fixed-effects modeling is used for the baseline outcomes, and a difference-in-difference approach is applied as a quasi-natural experiment. The estimates are robust to alternative measures and distant covariates. The...