Trade credit and the joint effects of supplier and customer financial characteristics

Trade credit and the joint effects of supplier and customer financial characteristics

We examine how access to bank credit affects trade credit in the supplier-customer relationships of U.S. public firms. For identification, we use exogenous liquidity shocks to supplier firms in the form of staggered changes to interstate bank branching laws. Using a variety of tests, we show that su...

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Bibliographic Details
Main Authors: Shenoy, Jaideep, Williams, Ryan
Other Authors: Univ Arizona, Eller Coll Management
Language:en
Published: ACADEMIC PRESS INC ELSEVIER SCIENCE 2017
Subjects:
Trade credit
Supplier-customer relationships
Bank lines of credit
Banking deregulation
Contagion
Financial distress
Online Access:http://hdl.handle.net/10150/623187
http://arizona.openrepository.com/arizona/handle/10150/623187

Internet

http://hdl.handle.net/10150/623187
http://arizona.openrepository.com/arizona/handle/10150/623187

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