Trade Credit: Theories and Evidence

Keywords

Trade credit, Creditor, Business, Equity (law), Credit history

References

• Readings on the management of working capitalKeith Smith — 1980
• Commercial paper, corporate finance, and the business cycle: a microeconomic perspectiveSimon Gilchrist — 1995
• A Theory of Debt Based on the Inalienability of Human CapitalOliver Hart, J. F. Moore — 1991
• A Transactions Theory of Trade Credit UseJ. Stephen Ferris — 1981
• An Optimal Financial Response to Variable DemandGary W. Emery — 1987
• The Effect of Credit Market Competition on Lending RelationshipsMitchell A. Petersen, Raghuram G. Rajan — 1995
• Mercantile Credit, Monetary Policy, and Size of FirmsAllan H. Meltzer — 1960
• Trade Credit, Quality Guarantees, and Product MarketabilityMichael S. Long, Ileen B. Malitz, S. Abraham Ravid — 1993
• An Economic Model of Trade CreditRobert A. Schwartz — 1974
• What Do We Know About Capital Structure? Some Evidence from International DataRaghuram G. Rajan, Luigi Zingales — 1995
• Debt Maturity Structure and Liquidity RiskDouglas W. Diamond — 1991
• Reputation Acquisition in Debt MarketsDouglas W. Diamond — 1989
• The Value of Bank Durability: Borrowers as Bank StakeholdersMyron B. Slovin, Marie E. Sushka, John A. Polonchek — 1993
• The Benefits of Lending Relationships: Evidence from Small Business DataMitchell A. Petersen, Raghuram G. Rajan — 1994
• Accounts Receivable Management Policy: Theory and EvidenceShehzad L. Mian, Clifford W. Smith — 1992
• “Man to Loan $1500 and Serve as Clerk”: Trading Jobs for Loans in Mid-Nineteenth-Century San FranciscoFrances Rogers — 1994
• Accounts Receivable Management Policy: Theory and EvidenceShehzad L. Mian, Clifford W. Smith — 1992
• The Value of Bank Durability: Borrowers as Bank StakeholdersMyron B. Slovin, Marie E. Sushka, John A. Polonchek — 1993
• The Capital Structure PuzzleStewart C. Myers — 1984
• What Do We Know About Capital Structure? Some Evidence from International DataRaghuram G. Rajan, Luigi Zingales — 1994

Cited by

• Late Payments in Accession Countries: Causes and International ComparisonJanez Prašnikar, Marko Pahor, Andreja Cirman — 2004
• The Motives of Trade Credit Usage and the Importance of Risk Perception for Decision-Making BehaviorKun Zhao — 2012
• International Trade, Risk and the Role of BanksFriederike Niepmann, Tim Schmidt‐Eisenlohr — 2017
• The "Liability of Newness" and Small Firm Access to Debt Capital: Is There a Link?Susan Coleman — 2004
• Fluctuations in the supply of credit and its effects on the capital structure of Japanese firmsKonstantinos Voutsinas — 2010
• Financing GPNs Through Inter-Firm Collaboration? Insights from the Automotive Industry in Germany and BrazilChristian Baumeister, Hans‐Martin Zademach — 2013
• New firm survival: a fund flow model approachN. Huyghebaert, A. Gaeremynck, F. Roodhooft — 1998
• Determinants of Trade Credit Demand and Supply in the Tanzanian Rice Market: A Structural Modelling ApproachErnest Kihanga, Robert Lensink, Clémens Lutz — 2010
• Empirical Essays on Emergence of Economic Transaction Mechanism : Case of Trade Credit in ChinaMariko Watanabe — 2011
• The Effect of Trade Credit on Operational Policies and on the Relationship Between Banks, Suppliers, and Manufacturers.P. Brunet — 2010
• The impact of a stock listing on investment policyFrederiek Schoubben, Cynthia Van Hulle — 2006
• Cash conversion cycle in smesSonia Baños‐Caballero, Pedro J. García‐Teruel, Pedro Martínez Solano — 2009
• The Debt Structure of SMEs: An Optimization ModelAndrea Moro, Mike R. Lucas, Uwe Grimm — 2012
• La ley contra la morosidad comercialBenito Arruñada — 2004
• Ex Ante Bargaining and Ex Post Enforcement in Trade Credit Supply: Theory and Evidence from ChinaMariko Watanabe, Noriyuki Yanagawa — 2013
• Evidence from Manufacturing Private Limited Companies in Tigray Region, EthiopiaAbera Belay Tewodros — 2010
• National Culture and Cross-Country Differences in Trade CreditMarkus MMttt, Mervi Niskanen — 2015
• What Lies Behind Credit Rationing? A Survey of the LiteratureAnnie Bellier, Wafa Sayeh, Stéphanie Serve — 2012
• Financing, Firm Size and Productive Efficiency : the Effect of Family OwnershipFrank Barbera — 2013
• Információs paradoxon a vállalkozások hitelezésében nem fizető vevő esetén [An innovation paradox in enterprise financing where buyers fail to pay]Péter Csóka, Dániel Havran, Nóra Szûcs — 2010

Related papers

• Supplier Certification and Trade CreditEmilia García-Appendini — 2011
• What You Sell Is What You Lend? Explaining Trade Credit ContractsMariassunta Giannetti, Mike Burkart, Tore Ellingsen — 2008
• Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending ProgramAbhijit V. Banerjee, Esther Duflo — 2014
• In-Kind Finance: A Theory of Trade CreditMike Burkart, Tore Ellingsen — 2004
• Trade Credit and Informational AsymmetryJanet Kiholm Smith — 1987
• The Determinants of Trade Credit Demand: Survey Evidence and Empirical AnalysisSalima Paul, Nick Wilson — 2007
• Trade Credit Financing: How Expensive is it Really?Dimitar Antov, Christina Atanasova — 2007
• An Economic Model of Trade CreditRobert A. Schwartz — 1974