Guo, Chun; Su, Wunhong; Song, Xiaobao - In: Journal of business economics and management 22 (2021) 6, pp. 1456-1475
This study investigates the substitution financing effect of suppliers' trade credit on customers' trade-credit using Chinese listed firms from 2009 to 2018. Results verify the substitution financing effect of suppliers' trade credit on customers' trade credit, indicating that firms with higher...
