Economic research has shown that debt markets have an information sensitivity property that allows these markets to work properly when price discovery is absent and opaqueness is maintained. Dang, Gorton and Holmström (2015) argue that sufficiently 'bad news' can switch debt to become...

Economic research has shown that debt markets have an information sensitivity property that allows these markets to work properly when price discovery is absent and opaqueness is maintained. Dang, Gorton and Holmström (2015) argue that sufficiently "bad news" can switch debt to become...

Supply chain management is focused on achieving better results (larger benefits) for all involved parties, than achieved by working in isolation. However, a lack of awareness about the existence of constraints along the supply chain, or lack of knowledge how to overcome it, decreases the...