Trade Credit: Theories and Evidence

Review of Financial Studies - Tập 10 Số 3 - Trang 661-691 - 1997
Mitchell A. Petersen1, Raghuram G. Rajan2
1Northwestern University
2University of Chicago

Tóm tắt

Từ khóa


Tài liệu tham khảo

Biais B. Gollier C. Viala P. , 1993, “Why Do Firms Use Trade Credit?,”, mimeo, CEPR Conference, San Sebastian, Spain.

10.2307/2328210

10.1016/0167-2231(95)00034-W

10.1086/261630

Diamond D. , 1991, “Debt Maturity Structure and Liquidity Risk,” Quarterly Journal of Economics, 56, 709–738.

Dun and Bradstreet, 1970, Handbook of Credit Terms, Dun and Bradstreet, New York.

10.2307/2330713

Ferris J. S. , 1981, “A Transactions Theory of Trade Credit Use,” Quarterly Journal of Economics, 94, 243–270.

Hart O. Moore J. , 1991, “A Theory of Debt Based on the Inalienability of Human Capital,” working paper, MIT.

Long M. S. Malitz I. B. Ravid S. A. , 1994, “Trade Credit, Quality Guarantees, and Product Marketability,” Financial Management, 22, 117–127.

10.2307/1925692

10.2307/2329094

10.2307/2327916

10.2307/2329133

Petersen M. Rajan R. , 1995, “The Effect of Credit Market Competition on Lending Relationships,” Quarterly Journal of Economics, 60, 407–444.

Rajan R. Zingales L. , 1993, “What Do We Know about Capital Structure: Evidence from International Data?,” CRSP working paper, University of Chicago.

10.1017/S002205070001398X

Schwartz R. A. Whitcomb D. , 1979, “The Trade Credit Decision,” in Bicksler J. (ed.), Handbook of Financial Economics, North-Holland, Amsterdam.

10.2307/2329765

10.2307/2328888

Smith J. , 1987, “Trade Credit and Information Asymmetry,” Journal of'Finance, 4, 863–869.

Smith K. , 1980, Readings on the Management of Working Capital, West Publishing, St. Paul, Minnesota.