Trade debt will be a permanent and very important source of short-term financing. Different types of return ratios have a decisive and different impact on trade debt. In fact, internal return ratios are able to explain firms' short-term financial behavioural towards an increase (or decrease) on...

This is an introduction to firm's financial sustainability new ideas beyond the environmental sustainability concerns, based on a principle: balance and a method: interaction. It is specifically addressed to the interaction between the two kinds of financial policies: short-term financial policy...

The questions suggested by firms financial distress (or bankruptcy) situations are usually preceded by leverage and debt adjustments concerns. This kind of problematic is advised to be placed at financial strategic ideas inside the firm and can be included on the interaction level, besides...

This is an attempt to convert thirty years top management period into a theoretical contribution to corporate finance management. The starting point is the firm's trade debt and then combined with the trade credit allowed to clients in terms of trade credit risk taking as one of the fundamentals...

This paper proposes to elect the days to pay accounts payable determinants and our findings strongly support that the accounts payable problematic is closely related to short term financial decisions with a positive and significant influence of firm's profitability and size factors. The...

It is not possible to evaluate the overall consequences of the present financial and global crisis beyond the government contributions to stabilize financial sector and recover prior economic growth rates. It is not possible to close the eyes to the great ludicrous (dramatic) comedy without...

Trade debt is a very important source of financing with some significant factors to induce more or less (including the substitution effect) trade credit extending: long-term financing, size, return on assets, return on equity and fixed assets, in one hand; short-term financing (substitution...