Showing 1 - 10 of 595
-based incentives create a side-effect. Specifically, with a universal buy-back contract, the deadweight loss of signalling induced by …
Persistent link: https://www.econbiz.de/10014045006
Trade finance is the backbone of international trade for entities ranging from a small businesses to multi-national corporations. An estimated 80 percent of world trade relies on this form of finance (WTO, 2017). Despite its systemic importance and rapid growth, data availability is only...
Persistent link: https://www.econbiz.de/10012864103
The point of this paper is to interpret the performance of Kerry Logistic under logistics industries in United Kingdom (UK) all through five years. The investigation is utilize on the example of Kerry Logistic in UK over the period in the region of 2013 and 2017. The data is gotten from yearly...
Persistent link: https://www.econbiz.de/10012918718
determinant of corporate policy …
Persistent link: https://www.econbiz.de/10013491906
In light of the transition away from fossil fuel–based energy, this paper highlights the importance of understanding who controls vital parts of the global supply chains of critical minerals and rare earth elements (REEs). Analysis of direct ownership does not reveal the real sources of...
Persistent link: https://www.econbiz.de/10014239788
We study how production networks adapt when natural disasters affect the reliability of a firm in the network. Affected firms extend more trade credit to their customers, especially if these customers are important and would be difficult to replace. The suppliers of affected firms appear to...
Persistent link: https://www.econbiz.de/10013218015
Using information on about 10 million inter-firm transactions, we provide evidence that suppliers offer cheap trade credit to ease competition in downstream markets. We show theoretically that suppliers that have to transfer surplus to high-bargaining-power customers would want to offer an...
Persistent link: https://www.econbiz.de/10012853456
We document the propagation effects through supply chains of the most damaging cyberattack in history and the important role of banks in mitigating its impact. Customers of directly hit firms saw reductions in revenues, profitability, and trade credit relative to similar firms. The losses...
Persistent link: https://www.econbiz.de/10012257044
In this paper, using news reflected in the stock market as a benchmark for the public information of suppliers, we find significant incremental information revelation in the credit default swap market of the customers. The information revelation is more significant during the periods when either...
Persistent link: https://www.econbiz.de/10012929378
Using textual analysis of earnings conference calls, we quantify firm level risk arising from the reliability of the supply chain from 2002 to 2020. Our proxy for perceived supply chain risk exhibits cross-sectional and time-series variation that aligns with reasonable priors and is...
Persistent link: https://www.econbiz.de/10013296905