Bougheas, Spiros; Mateut, Simona; Mizen, Paul - In: Journal of Banking & Finance 33 (2009) 2, pp. 300-307
Trade credit is an important source of finance for firms and has been well researched, but the focus has been on financial trade-offs. In this paper, we consider the trade-offs with inventories and develop a simple model that recognizes the incentives a firm faces to offer and receive trade...
