Este trabajo constituye una primera aportación al estudio del crédito comercial en Canarias utilizando datos de la CBULL, que sólo incluye empresas de pequeño y mediano tamaño. Mediante la aplicación de técnicas multivariantes, los resultados muestran que el crédito comercial permite...

Purpose –This paper aims to explore the reasons for the apparent failure of many UK firms to achieve the competitive 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...

Purpose – This paper aims to explore the reasons for the apparent failure of many UK firms to achieve the competitive advantages indicated in largely positivist literature through the management of their trade credit positions. Design/methodology/approach – The paper utilises data from a set...

The bank lending channel theory posits that during monetary contractions banks restrict some firms' loans, thus reducing their desired investment independently of interest rates. Previous research finds small firms reduce, while large firms accelerate, loan growth. We find that small firms...