This article aims to investigate the trade credit policies in construction firms across Central-Eastern Europe (CEE) and Western Europe (WE). Utilizing financial data from construction companies in 12 European Union (EU) countries (2000-2020), sourced from the BACH-ESD database, panel data...

In this paper we integrate the costs of trade finance in a computable general equilibrium (CGE) model to evaluate the trade and output effects of counterfactual policy experiments on costs of and access to trade finance. The costs of financing international trade consist of two components: the...

Most domestic and international firm-to-firm transactions rely on trade credit, where sellers grant buyers time to pay the invoice after delivery. Exploiting Chilean and Colombian transaction-level trade data, this paper documents new facts about trade credit use: trade credit use increases with...

Purpose: To determine small and medium-sized enterprises' (SMEs) perception related to their trade credit management effectiveness. Design/methodology/approach: Quantitative research design with purposive sampling as the sampling method, administrated to 10 450 SMEs within South Africa....

Credit from suppliers is an important source of finance for firms. It can sustain firms' financial flexibility even in periods of downturn. In this study, using a large database of 90,763 Italian firms in the 2015-2021 period, we investigated how local financial development affects the trade...

An existence of good governance situation ensures the progress of economic sectors. The recent literature has mentioned the role of country governance in multiple business operations. However, the effect of country governance on trade credit is not yet explored in the literature. Thus, the...

The significant role of Small and Medium Enterprises (SMEs) in the growth of the economy has been well-documented in the past few decades. Studies in literature have focused on the reasons behind the trade credit offerings and acceptance of SMEs, but empirical findings revealing the positive...

Although firms contend with multiple challenges in implementing circular economy (CE) practices, open innovation (OI) can be an effective collaborative strategy for firms to overcome technological and informational barriers and achieve CE objectives. Using data from A-share and Science and...

Although firms contend with multiple challenges in implementing circular economy (CE) practices, open innovation (OI) can be an effective collaborative strategy for firms to overcome technological and informational barriers and achieve CE objectives. Using data from A-share and Science and...

Background: Price is the most authoritative constituent among the factors shaping consumer demand. Growing consciousness among global communities regarding environmental issues makes greenness one of the key factors controlling demand, along with time, which drives demand in markets. This paper...

The adoption of environmentally sound supply chain management strategies is gaining prominence in response to increasing sustainability efforts in emerging economies. As global environmental degradation escalates, industries are compelled to replace conventional products with green and reliable...