Beyer, Hans-Martin; Herzog, Bodo - In: International Journal of Financial Studies : open … 9 (2021) 4, pp. 1-17
This article studies the effects of reverse factoring in a supply chain when the buyer company facilitates its lower … differential. The simulation computes with a rolling-window methodology the daily cost and benefits of reverse factoring from 2010 … contingent to the business cycle. Overall, our results exhibit sophisticated trade-offs under reverse factoring and consequently …