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Supply chain finance (SCF) has attracted considerable attention being an innovative business model that allows firms, especially small- and medium-sized enterprises (SMEs), to convert illiquid assets into cash without incurring additional liabilities. However, its effects on SME performance and...
Persistent link: https://www.econbiz.de/10014359254
Swedish bank. We find that SCF programs relax suppliers' liquidity constraints and thereby enable them to grow their sales …
Persistent link: https://www.econbiz.de/10014531950
accounting for the endogeneity of supply-chain and banking relationships, using bank branch location as an instrument for common … fear that sensitive information might leak through the bank to the supply-chain partner …
Persistent link: https://www.econbiz.de/10012891805
Using comprehensive bank-loan contract information, we show that the power of a firm relative to its suppliers eases … its terms of bank financing, specifically through lower loan prices and less restrictive non-price contract terms. Our …
Persistent link: https://www.econbiz.de/10012856850
finance, suggesting that firms not only redistribute the bank credit they borrow but also the funds they raise from the equity …
Persistent link: https://www.econbiz.de/10012964225
Using unique data on between-firm payments and bank to firm lending, we investigate whether bank relationships across … a bank to a firm increase when the bank also lends to one of the firm’s trade partners (customers or suppliers …
Persistent link: https://www.econbiz.de/10013404372
Despite the fact that economic interconnections among firms are very common, there is little research that examines the equilibrium outcome of such interconnections in credit markets. We examine how supply chain interconnections among borrowers within a lender’s loan portfolio affect...
Persistent link: https://www.econbiz.de/10014349113
The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably through their involvement into supply-chains. With supply-chains shifting and expanding into new regions of the world, the challenge for SMEs to accessing financing remains an...
Persistent link: https://www.econbiz.de/10011521813
The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably through their involvement into supply-chains. With supply-chains shifting and expanding into new regions of the world, the challenge for SMEs to accessing financing remains an...
Persistent link: https://www.econbiz.de/10011495842
The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably through their involvement into supply-chains. With supply-chains shifting and expanding into new regions of the world, the challenge for SMEs to accessing financing remains an...
Persistent link: https://www.econbiz.de/10012982262