A central element in developing credit management policy involves design choices on the extent to which credit activities are best managed internally or through specialist market intermediaries. This paper draws on the findings of a survey on the credit management practices and policies of large...

Trade credit finance and credit management are gradually gaining the research attention an area of such importance merits. One area, still far from resolved, is why trade credit is extended by non-financial firms to customers. This paper seeks to identify the generic forces behind the trade...

Trade credit terms offer firms contractual solutions to informational asymmetries between buyers and sellers. The credit period permits buyers to reduce uncertainty concerning product quality prior to payment, while the seller can reduce uncertainty concerning buyer payment intentions by...

Purpose – The performance measurement literature suggests that companies should consider increasing the diversity of their performance measures to embrace both financial and non‐financial measures. The purpose of this paper is to examine whether the use of multiple performance measures which...

Purpose – This paper seeks to concern itself with the determination of the effect that external factors have on the design and implementation of management accounting systems in a developing economy which has in the last decade experienced fluctuating levels of environmental uncertainty....

Managers may be motivated to invest abroad for a variety of reasons. They may feel “compelled” to make such investments because of lack of opportunities in the domestic market, or because competitors have set up manufacture abroad, thereby making exports less competitive. Alternatively, it...

A survey of investment in new production technology and specific AMT techniques in larger UK firms are described. Though the majority of the responding firms were in the manufacturing sector, some were not. Interestingly, some of these considered that they had invested substantially in new...