Showing 1 - 10 of 54
The aim of this paper is to point out the significance and role of factoring as an alternative financing model, and its … obtaining financial resources. Therefore, this paper examines the significance and role of factoring, through an overview of … relevant literature and examples from the business world. The importance of factoring is discussed as an opportunity to …
Persistent link: https://www.econbiz.de/10011994715
This paper points out the problems of liquidity, disposal and obtaining funds, inability to collect receivables … contribution to resolve these issues new alternative methods of financing for business are imposing, one of them is factoring …. Although most countries don't have adequate legal framework, factoring has emerged as the dominant form of financing, whose …
Persistent link: https://www.econbiz.de/10010435950
, especially in times of crisis. This paper presents the receivables/debts management system known as Debt Collection Prevention …
Persistent link: https://www.econbiz.de/10011551423
Despite the advantages that literature grants to factoring, its degree of adoption in small and medium …-sized enterprises (SMEs) is low. The objective of the research is to establish the determinants in factoring adoption that allow greater … financial entities in Mexico that represent between 60 and 80% in volume of factoring that is operated in the country. Aspects …
Persistent link: https://www.econbiz.de/10014525594
transnational companies under recession. Results refer to the identification of new solutions such as reverse factoring. A …
Persistent link: https://www.econbiz.de/10011724808
Foreign banks have increased their market share in many emerging markets since the mid-1990s. We examine whether this contributed to financial stability in the respective host countries in the global financial crisis. Our results suggest that the stabilizing impact of foreign banks was limited...
Persistent link: https://www.econbiz.de/10010301322
This paper delves into the importance of access to .nancing for the performance of firms in export markets. Based on a unique microeconomic database that combines data on Argentine firms' characteristics and export performance with information on their domestic and external financing, we provide...
Persistent link: https://www.econbiz.de/10010325090
Financial institutions are key to allocate capital to its most productive uses. In order to examine the relationship between bank credit and firm-level productivity in the context of different financial markets set-ups, we introduce a model of overlapping generations of entrepreneurs under...
Persistent link: https://www.econbiz.de/10011574275
We model the determinants of loans to non-financial corporations in the euro area. Using the Johansen (1992) methodology, we identify three cointegrating relationships. These relationships are interpreted as the long-run loan demand, investment and loan supply equations. The short-run dynamics...
Persistent link: https://www.econbiz.de/10011605035
Applying the identification strategy employed by Driscoll (2004) for the United States, this paper provides empirical evidence for the existence of a bank lending channel of monetary policy transmission in the euro area. In addition, and in contrast to recent findings for the US, we find that in...
Persistent link: https://www.econbiz.de/10011605196