The relationship between trade credit and bank loans under economic fluctuations - based on the perspective of the supply chain

Lin, Qiang; Qiao, Beibei

doi:10.1080/00036846.2020.1809632

Cited by 13 publications

(3 citation statements)

References 21 publications

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“…Tunisia is an emerging market, and recently there are several calls for more research on CRD in developing countries (Khlif and Hussainey 2016). Moreover, during constraint's periods, firms are more vulnerable to financing, and the dependence on bank financing and trade credit increases ( Lin and Qiao 2020). Furthermore, firms usually suffer from bank credit-granting during the crisis and tend to use more trade credit (Chen et al 2019).…”

Section: Our Samplementioning

confidence: 99%

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Does Risk Disclosure Matter for Trade Credit?

Haj-Salem

Hussainey

2021

JRFM

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In this paper, we examine the impact of risk disclosure practices on trade credit. We hypothesize that risk information could reduce information opacity that arises between companies and their suppliers. We collected annual reports for Tunisian listed companies for the period 2008–2013. This gives us 146 firm-year observations. We find that risk disclosure has a positive impact on the level of trade credit. Our paper offers a new empirical evidence on the role of risk disclosure in reducing information asymmetry and increase companies’ access to short-term external funds. Our study provides managerial implications for firms, suppliers, and regulatory authorities.

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Section: Our Samplementioning

confidence: 99%

“…We control for firm growth. This was measured by the difference between profit current year and profit of previous year; divided by profit of previous year (Lin and Qiao 2020). We believe that the more it is the more is the need to finance new investments (Lin and Qiao 2020; Van den Bogaerd and Aerts 2014).…”

Section: Our Control Variablesmentioning

confidence: 99%

Does Risk Disclosure Matter for Trade Credit?

Haj-Salem

Hussainey

2021

JRFM

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“…Q. Lin, B. Qiao установили, что при построении цепочки поставок рыночные колебания, размер прибыли, статус и собственность контрагентов оказывают меньшее влияние на соотношение «банковский кредит -дебиторская задолженность», чем на соотношение «банковский кредит -кредиторская задолженность» [20].…”

Section: Introductionunclassified

Accounts Receivable in the Russian Economy: Regional Trends

Drobotova

2021

jour

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Accounts receivable, being both a sales and financial category, is a key aspect of the development of modern market relations. At the same time, accounts receivable has become a complex object of only microeconomic research. Insufficient knowledge of accounts receivable at the macro level determined the relevance of the research. The subject area of the research is the total accounts receivable of Russian organizations. The aim of the study is to group Russian regions and types of economic activities depending on the conditions of conducting sales and payment activities. The methodology consists of a systematic approach, which allowed a comprehensive review of the object of research and macroeconomic analysis, which ensured the reliability and validity of the conclusions of the work. As a result, the author defines the total accounts receivable of organizations in the economy as an independent object of macroeconomic research. Based on the results of the analysis for 2000–2019, the author concludes that there is a high degree of correlation between sales revenue and accounts receivable of Russian organizations, as well as the presence of trends in the increasing importance of accounts receivable in sales and the reduction of its overdue part in the finances of organizations. The share of accounts receivable in the total sales revenue of organizations is taken as a generalized characteristic of the conditions for doing business in the sales activities of organizations, and in payment activities — the share of overdue total accounts receivable of organizations. The author’s matrix for express assessment of the conditions for conducting sales and payment activities of organizations in the economy constitutes the scientific novelty of the study. It made it possible to group the types of activities, regions and districts of the Russian Federation, depending on the specified conditions. The prospect for future research of the total accounts receivable of organizations in the economy is the search for tools to determine its optimal volume and structure to timely identify the factors of the upcoming crises of non-payment and overproduction, both in the economy as a whole and in individual commodity markets.

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