• Login
    View Item 
    •   DSpace Home
    • IAE Business School
    • Dirección Financiera
    • IAE-DF Artículos
    • View Item
    •   DSpace Home
    • IAE Business School
    • Dirección Financiera
    • IAE-DF Artículos
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of DSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    View Usage Statistics

    Trade credit and bank credit: Evidence from recent financial crises

    Thumbnail
    View/Open
    2 love2007 trabajadi final.pdf (462.2Kb)
    Date
    2003
    Author
    Preve, Lorenzo
    Inessa, Love
    Sarria Allende, Virginia
    Metadata
    Show full item record
    Abstract
    This paper studies the effect of financial crises on trade credit for a sample of 890 firms in six emerging economies. Although the provision of trade credit increases right after a crisis, it contracts in the following months and years. Firms that are financially more vulnerable to crises extend less trade credit to their customers. We argue that the decline in aggregate trade credit ratios is driven by the reduction in the supply of trade credit that follows a bank credit crunch, consistent with the ‘‘redistribution view’’ of trade credit provision, whereby bank credit is redistributed via trade credit from financially stronger firms to weaker firms.
    URI
    https://riu.austral.edu.ar/handle/123456789/369
    Collections
    • IAE-DF Artículos

    xmlui.dri2xhtml.structural.info-link
    Licencia Creative Commons
    xmlui.dri2xhtml.structural.contact-link1 - xmlui.dri2xhtml.structural.contact-link2
    xmlui.dri2xhtml.structural.info-link2
     

     


    xmlui.dri2xhtml.structural.info-link
    Licencia Creative Commons
    xmlui.dri2xhtml.structural.contact-link1 - xmlui.dri2xhtml.structural.contact-link2
    xmlui.dri2xhtml.structural.info-link2