Object

Title: The role of trade credit in business operations

Creator:

Białek-Jaworska, Anna ; Nehrebecka, Natalia

Description:

Argumenta Oeconomica, 2016, Nr 2 (37), s. 189-231

Abstrakt:

The paper aims to analyse the importance of trade credit in the financing of enterprises in Poland and to identify the determinants of the use of trade credit by Polish companies. Companies are granted trade credit by their suppliers while also extending them to their own recipients, therefore trade credit was analysed in net terms, i.e. the plus or minus sign and the difference between the trade credit obtained and extended in Poland. The trade credit received was measured as a trade liability without current expenses, i.e. adjusted by the current short-term trade liabilities amounting to the average monthly expenditures on the core activity (1/12 of the material and energy consumption plus the cost of subcontracted services). The determinants of the net trade credit use include the company size, the industry it represents, the share of exports in sales and the proportion of foreign ownership in the share capital, as well as the interest rate channel and the currency rate channel in the monetary policy transmission. Analysis was based on Central Statistical Office panel data: annual reports F-02 for the years 1995−2011 [...]

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2016

Resource Type:

artykuł

Resource Identifier:

doi:10.15611/aoe.2016.2.08 ; oai:dbc.wroc.pl:35015

Language:

eng

Relation:

Argumenta Oeconomica, 2016, Nr 2 (37)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Group publication title:

Argumenta Oeconomica

Format:

application/pdf

Object collections:

Last modified:

Nov 14, 2019

In our library since:

Nov 9, 2016

Number of object content hits:

130

Number of object content views in PDF format

114

All available object's versions:

https://www.dbc.wroc.pl/publication/38481

Show description in RDF format:

RDF

Show description in OAI-PMH format:

OAI-PMH

Edition name Date
The role of trade credit in business operations Nov 14, 2019

Similar

This page uses 'cookies'. More information