Economic literature had shown the existence of the interrelationship between the financial decisions of the firms and their competitive decisions; either by convenience or by data availability, most of empiric papers addressed separately the influence of both kinds of decisions over firm...

Este trabajo estudia los efectos de la situación económica sobre el crédito comercial en las pequeñas y medianas empresas. Para lograr este objetivo, se analiza una muestra de pymes españolas durante los años 2004 a 2011, periodo que incluye una etapa de expansión y otra de recesión,...

Economic literature reveals a lack of a general theory on trade credit. This paper reviews the main theoretical and empirical contributions providing a simple but complete guide to researchers. Likewise, future research is encouraged by showing the puzzled and less explored features of trade...