listed SMEs in China show significant cash–cash-flow sensitivity, and financing constraints are prevalent. We document that … difficulties of SMEs in China at present, with much of the extant literature concentrating only on specific financing mechanisms …As opposed to developed markets, financing constraints are a more pressing issue among Small and Medium …

Trade credit is often extended by suppliers to buyers who often have easier access to external financing. Moreover …, we analyze the total financing cost of the supply chain under endogenous supply contract and working capital policies. We … to this pooling effect, even if the supplier's financing costs are strictly higher than the buyer's, the buyer may still …

instead of charging higher rates or financing the most attractive SC member only. Another SC member offering an additional … guarantee with its assets will provide the remaining need for financing. As this solution also reduces the total bankruptcy risk … of the SC, the SC itself should prefer this financing structure. …

of listed companies can significantly improve the financing capabilities of SMEs through credit enhancement effects and …

A long-term strategy for China's national development is to foster the growth of "Specialized, Refined, Niche, and … Innovative (SRNI)" small and medium-sized enterprises (SMEs). However, these enterprises often face significant financing … collateral. Supply chain finance, as an important way to combine production and financing, could provide financial services in …

topic of great concern to all sectors of society. The ESG industry in China is very young, and there isn't much research …' ESG performance on their business risk. It discusses the mechanism from the viewpoints of financing constraints and agency … financing constraints and agency costs, which contribute to the mitigation of business risk. Furthermore, economic policy …