Lin, Zhiping; Xu, Di; Shi, Ruixia; Cai, Gangshu (George) - 2020
) or decentralize the component procurement to the CM (i.e., turnkey). However, no paper has yet studied firms’ preferences … consignment and turnkey; however, the benefit of buyer finance is more significantly undercut by the procurement decentralization … a higher asset value. Notwithstanding, firms can benefit from procurement decentralization in both bank finance and …