Purpose – The purpose of this paper is to test the effect of informal finance and trade credit on the performance of … promoting effects of informal finance and trade credit on the performance of private firms in China. Findings – It was found … that informal finance and trade credit have positive effects on private firms' performance measured by ROA. The net income …

of capital structure theory with particular reference to the architecture and functioning mechanisms of the corporate … dem Hintergrund der Theorie der Unternehmensfinanzierung und im Kontext theoretischer Überlegungen zum Aufbau und zur …

growth, positive growth and supply of credit on the accounts payable ratio. Furthermore, large firms use less trade credit to … implications regarding trade credit policy. There is strong evidence that the trade credit policy is affected by firm’s access … credit to finance sales growth. All of these results should assist firm managers to find the factors that affect the target …

Purpose – The purpose of this paper is to empirically investigate the impact of credit supply on sales growth among … 2012. Findings – The study provides empirical evidence that trade credit in terms of accounts receivable significantly and … implications – Managers can increase firm growth by efficiently managing the supply of credit to their customers, especially …

vendor‐buyer supply chain system. Here, the vendor offers a trade credit to the buyer when the buyer's order quantity exceeds … a given pre‐specified quantity. Therefore, to incorporate the concept of vendor‐buyer integration and trade credit … the condition of credit linked to the order quantity when demand is quadratic. Design/methodology/approach – A …

Purpose – Trade credit (TC) provides access to capital for construction contractors globally and is an important source …

Purpose – The supply of trade credit by small‐ to medium‐sized enterprises (SMEs) is the product of both customer … trade credit may be heightened, leading to further increased risk. This paper seeks to evaluate current risk mitigation … credit and the inherent risks are explained by reference to the literature. Then, using both the academic and grey literature …

advantages indicated in largely positivist literature through the management of their trade credit positions. Design …/methodology/approach – The paper utilises data from a set of semi-structured interviews with trade credit managers in firms and is the first … substantial qualitative study of the intra-firm aspects of trade credit management in the UK. Through this approach, we explore …

Purpose The purpose of this paper is to identify three factors leading to the observed decline in trade credit offered … relationship between cash flow volatility and firm investment in trade credit. The relationship is further examined with all firms … trade credit. Findings The proportion of US firms that has traditionally extended the most trade credit has been decreasing …

Purpose This study aims to investigate trade credit as a financing source among small- and medium-sized enterprises … (SMEs), particularly the influence of short-term debt, long-term debt and profitability on the use of such credit. Design … provides empirical evidence that long-term debt and profitability each significantly and negatively influence trade credit (i …