Trade credit;
Industry competition;
Chinese economy;
Industry;
D O I:
10.1109/IEEC.2009.19
中图分类号:
TP [自动化技术、计算机技术];
学科分类号:
0812 ;
摘要:
In this paper, we analysis from the supply of trade credit and present a study on the use of an important non-formal financial channel - trade credits - for firms based on Chinese companies from 2000 to 2006. In particular, we compare the use of trade credit between competition industries and non-competition industries firms. To test the difference in the use of trade credit between competition industries and non-competition industries firms, we use the information in the firms' financial statements, we found that, compared to non-competition industries, firms in competition industries tend to use more trade credit.
机构:
Imperial Coll, Sch Business, South Kensington Campus, London SW7 2AZ, EnglandImperial Coll, Sch Business, South Kensington Campus, London SW7 2AZ, England
Peura, Heikki
Yang, S. Alex
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机构:
London Business Sch, Regents Pk, London NW1 4SA, EnglandImperial Coll, Sch Business, South Kensington Campus, London SW7 2AZ, England
Yang, S. Alex
Lai, Guoming
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机构:
Univ Texas Austin, McCombs Sch Business, Austin, TX 78712 USAImperial Coll, Sch Business, South Kensington Campus, London SW7 2AZ, England
机构:
Stockholm Sch Econ, Ctr Econ Policy Res, Stockholm, Sweden
European Corp Governance Inst, Brussels, BelgiumStockholm Sch Econ, Ctr Econ Policy Res, Stockholm, Sweden
Giannetti, Mariassunta
Serrano-Velarde, Nicolas
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机构:
Bocconi Univ, Milan, Italy
Innocenzo Gasparini Inst Econ Res, Milan, ItalyStockholm Sch Econ, Ctr Econ Policy Res, Stockholm, Sweden
Serrano-Velarde, Nicolas
Tarantino, Emanuele
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机构:
Libera Univ Int Sociali Guido Carli, Einaudi Inst Econ & Finance, Rome, Italy
Ctr Econ Policy Res, Washington, DC USAStockholm Sch Econ, Ctr Econ Policy Res, Stockholm, Sweden
机构:
Univ South Carolina, Darla Moore Sch Business, Econ Dept, 1014 Green St, Columbia, SC 29208 USAUniv South Carolina, Darla Moore Sch Business, Econ Dept, 1014 Green St, Columbia, SC 29208 USA
Carroll, Sarah
Neumann, Rebecca
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机构:
Univ Wisconsin Milwaukee, Dept Econ, 3210N Maryland Ave,Bolton Hall 828, Milwaukee, WI 53211 USAUniv South Carolina, Darla Moore Sch Business, Econ Dept, 1014 Green St, Columbia, SC 29208 USA