• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Interfirm Relationships and Trade Credit in Japan: Evidence from Micro-Data

Interfirm Relationships and Trade Credit in Japan: Evidence from Micro-Data

Paperback

Series: Springerbriefs in Economics

Business GeneralInvesting & FinanceManagement

ISBN10: 4431551867
ISBN13: 9784431551867
Publisher: Springer
Published: Sep 29 2014
Pages: 82
Weight: 0.36
Height: 0.22 Width: 6.14 Depth: 9.21
Language: English

This is the first book to report the details of the current status of interfirm relationships in Japan. Based on a unique data set of firms, the authors describe the characteristics of interfirm transactions in a manner unprecedented in the literature. Special emphasis is placed on the nature of payment/collection between firms. Payment for interfirm transactions is usually made on account, or by payment after delivery, rather than by immediate payment. Thus, most interfirm transactions are accompanied by a provision of credit (i.e., lending/borrowing) from a seller to a buyer, referred to as trade credit. Although trade credit is used all around the world and accounts for a large portion of firms' balance sheets, researchers, lacking detailed data, have long encountered serious difficulty in clarifying how and why firms use trade credit.

Also in

Investing & Finance