I find common institutional ownership in a customer and its supplier increases the duration of their supply chain relationship, particularly when the common ownership is long-term and vertical frictions are greater. Using an instrument constructed around a shock to common ownership following a...

How does access to debt markets affect firms' provision of trade credit? While better access to credit may facilitate trade credit provision during banking crises, outside of crises, increased debt capacity could strengthen a firm's bargaining power relative to major customers and relieve the...

This appendix contains supplemental tests discussed in the main text of "The Effects of Common Ownership on Customer-Supplier Relationships."Found here: "https://ssrn.com/abstract=2873199" https://ssrn.com/abstract=2873199