Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5090049 | Journal of Banking & Finance | 2012 | 12 Pages |
Abstract
⺠We model the firm's trade credit decision. ⺠We argue that trade credit use provide valuable information to outside investors. ⺠Trade credit use is positively related to the quality of the firm's investments. ⺠We show empirically that trade credit use is associated with increasing performance.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nihat Aktas, Eric de Bodt, Frédéric Lobez, Jean-Christophe Statnik,