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Since the global financial crisis and the related restructuring of banking systems, bank concentration is on the rise … in many countries. Consequently, bank size and its role for macroeconomic volatility (or: stability) is the subject of … intense debate. This paper analyzes the effects of financial regulations on the link between bank size, as measured by the …
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that uses portfolio management theory to determine the level of accounts receivable in a firm. An increase in the level of …, special attention was paid to adapting assumptions from portfolio theory as well as gauging the potential effect on the firm …
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constraints, and multiple financing channels (bank loans and trade credit), this paper attempts to better understand the risk … for inventory financing, even when the supplier is at a disadvantageous position in managing default relative to a bank … credit and bank loans. Further, a deeper early-payment discount is offered when the supplier is relatively less efficient in …
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