Financing the capital-constrained supply chain with loss aversion: Supplier finance vs. supplier investment
Tài liệu tham khảo
Alan, 2018, Operational investment and capital structure under asset-based lending, Manuf Serv Oper Manag, 20, 637, 10.1287/msom.2017.0670
Babich, 2012, Managing opportunistic supplier product adulteration: deferred payments, inspection, and combined mechanisms, Manuf Serv Oper Manag, 14, 301, 10.1287/msom.1110.0366
Babich, 2016, Franchise contracting: the effects of the entrepreneur’s timing option and debt financing, Prod Oper Manag, 25, 662, 10.1111/poms.12497
Birge JR, Xu X. Firm profitability, inventory volatility, and capital structure. 2011. Working paper. Available at SSRN: https://ssrn.com/abstract=1914690.
Buzacott, 2004, Inventory management with asset-based financing, Manag Sci, 50, 1274, 10.1287/mnsc.1040.0278
Cai, 2014, The roles of bank and trade credits: theoretical analysis and empirical evidence, Prod Oper Manag, 23, 583, 10.1111/poms.12035
Caldentey, 2009, Supply contracts with financial hedging, Oper Res, 57, 47, 10.1287/opre.1080.0521
Chen, 2014, Channel coordination with a loss-averse retailer and option contracts, Int J Prod Econ, 150, 52, 10.1016/j.ijpe.2013.12.004
Chod, 2017, Inventory, risk shifting, and trade credit, Manag Sci, 63, 3207, 10.1287/mnsc.2016.2515
Curcuru, 2011, US International equity investment and past and prospective returns, Am Econ Rev, 101, 3440, 10.1257/aer.101.7.3440
Dada, 2008, Financing newsvendor inventory, Oper Res Lett, 36, 569, 10.1016/j.orl.2008.06.004
Federal Reserve Board, Financial accounts of the United States: Flow of Funds, Balance Sheets, and Integrated Macroeconomic Accounts (fourth quarter 2017). Accessed March 8, 2018. https://www.federalreserve.gov/releases/z1/20180308/z1.pdf.
Giannett, 2011, What you sell is what you lend? explaining trade credit contracts, Rev Financ Stud, 24, 1261, 10.1093/rfs/hhn096
Gong, 2014, Dynamic inventory control with limited capital and short-term financing, Nav Res Logist, 61, 184, 10.1002/nav.21576
Gupta, 2009, A stochastic inventory model with trade credit, Manuf Serv Oper Manag, 11, 4, 10.1287/msom.1070.0191
Herweg, 2013, The expectation-based loss-averse newsvendor, Econ Lett, 120, 429, 10.1016/j.econlet.2013.05.035
Jing, 2012, Equilibrium financing in a distribution channel with capital constraint, Prod Oper Manag, 21, 1090, 10.1111/j.1937-5956.2012.01328.x
Katehakis, 2016, Cash-flow based dynamic inventory management, Prod Oper Manag, 25, 1558, 10.1111/poms.12571
Kouvelis, 2012, Financing the newsvendor: supplier vs. bank, and the structure of optimal trade credit contracts, Oper Res, 60, 566, 10.1287/opre.1120.1040
Lai, 2009, Sharing inventory risk in supply chain: the implication of financial constraint, Omega, 37, 811, 10.1016/j.omega.2008.06.003
Lerner, 2011, Private equity and long-run investment: the case of innovation, J Finance, 66, 445, 10.1111/j.1540-6261.2010.01639.x
Li, 2016, Trade credit insurance, capital constraint, and the behavior of manufacturers and banks, Ann Oper Res, 240, 395, 10.1007/s10479-014-1602-x
Long, 2014, Prospect theory explains newsvendor behavior: the role of reference points, Manag Sci, 61, 3009, 10.1287/mnsc.2014.2050
Ma, 2016, Loss-averse newsvendor problem with supply risk, J Oper Res Soc, 67, 214, 10.1057/jors.2015.22
Maccrimmon, 1986
Nagarajan, 2014, Prospect theory and the newsvendor problem, Manag Sci, 60, 1057, 10.1287/mnsc.2013.1804
Peura, 2017, Trade credit in competition: a horizontal benefit, Manuf Serv Oper Manag, 19, 263, 10.1287/msom.2016.0608
Reindorp M, Tanrisever F, Lange A. Purchase order financing: credit, commitment, and supply chain consequences. 2015. Working Paper. Available at SSRN: https://ssrn.com/abstrac-t=2616812.
Roque, 2014, The determinants of international equity investment: do they differ between institutional and noninstitutional investors?, J Bank Finance, 49, 469, 10.1016/j.jbankfin.2014.06.015
Schweitzer, 2000, Decision bias in the newsvendor problem with a known demand distribution: experimental evidence, Manag Sci, 46, 404, 10.1287/mnsc.46.3.404.12070
Tang, 2017, Sourcing from suppliers with financial constraints and performance risk, Manuf Serv Oper Manag, 20, 70, 10.1287/msom.2017.0638
Tunca TI, Zhu WM. Buyer intermediation in supplier finance. Manag Sci, 2017. (In press), doi:10.1287/mnsc.2017.2863.
Vipin, 2017, Loss aversion and rationality in the newsvendor problem under recourse option, Eur J Oper Res, 261, 563, 10.1016/j.ejor.2017.02.012
Wang, 2010, The loss-averse newsvendor game, Int J Prod Econ, 124, 448, 10.1016/j.ijpe.2009.12.007
Wang, 2009, The loss-averse newsvendor problem, Omega, 37, 93, 10.1016/j.omega.2006.08.003
Xu X, Birge JR. Joint production and financing decisions: modeling and analysis. 2004. Working paper. Available at SSRN: https://ssrn.com/abstract=652562.
Xu, 2016, Operational risk in financial services: a review and new research opportunities, Prod Oper Manag, 26, 426, 10.1111/poms.12652
Yan, 2013, Coordinating loan strategies for supply chain financing with limited credit, OR Spectr, 35, 1039, 10.1007/s00291-013-0329-4
Yang, 2017, Trade credit, risk sharing, and inventory financing portfolios, Manag Sci
Zhang, 2017, Supply chain loss averse newsboy model with capital constraint, IEEE Trans Syst Man Cybern Syst, 46, 646, 10.1109/TSMC.2015.2475720
Zhao, 2015, Operations-finance interface models: a literature review and framework, Eur J Oper Res, 244, 905, 10.1016/j.ejor.2015.02.015