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 …

SMEs in China from innovative perspective. How does supply chain finance empower SMEs? What is the basis for granting …