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Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
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Germany, one of the leading actors on the world market for goods, that merge information from surveys performed by the …
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firms to engage in cross-border transactions infrequently. Empirical models show that for Germany the frequency of …
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firms to engage in cross-border transactions infrequently. Empirical models show that for Germany the frequency of …
Persistent link: https://www.econbiz.de/10011459113
firms to engage in cross-border transactions infrequently. Empirical models show that for Germany the frequency of …
Persistent link: https://www.econbiz.de/10011473426