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COVID-19 and trade credit speed of adjustment
This paper examines the extent to which COVID-19 affects corporate trade credit policy. We find that COVID-19 significantly accelerates US firms’ convergency speed toward the target trade credit. In addition, we find that firms subject to higher ex-ante operational risk tend to adjust trade credit t...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Inc.
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9643102/ https://www.ncbi.nlm.nih.gov/pubmed/36406742 http://dx.doi.org/10.1016/j.frl.2021.102541 |