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Working capital management, financial constraints and exports: evidence from European and US manufacturers

This paper investigates the effect of firms’ working capital management, measured by the cash conversion cycle (CCC) on exports, on both the intensive and extensive margins. By using Heckman’s two-stage model for the treatment of sample selection bias, we find that the longer the CCC, the lower firm...

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Detalles Bibliográficos
Autores principales: Mansilla-Fernández, José Manuel, Milgram-Baleix, Juliette
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9396623/
https://www.ncbi.nlm.nih.gov/pubmed/36034740
http://dx.doi.org/10.1007/s00181-022-02295-5