Advanced search
Publication Cover
Applied Economics Letters Volume 23, 2016 - Issue 13
Submit an article Journal homepage
435
Views
7
CrossRef citations to date
0
Altmetric
Original Articles

Trade credit in SMEs: a quantile regression approach

Francisco-Javier Canto-CuevasDepartamento de Economía Financiera y Dirección de Operaciones, Universidad de Sevilla, Sevilla, EspañaCorrespondence[email protected]
,
María-José Palacín-SánchezDepartamento de Economía Financiera y Dirección de Operaciones, Universidad de Sevilla, Sevilla, España
&
Filippo di PietroDepartamento de Economía Financiera y Dirección de Operaciones, Universidad de Sevilla, Sevilla, España
Pages 945-948 | Published online: 14 Dec 2015

References

  • Atanasova, C. V., and N. Wilson. 2003. “Bank Borrowing Constraints and the Demand for Trade Credit: Evidence from Panel Data.” Managerial and Decision Economics 24: 503–514. doi:10.1002/(ISSN)1099-1468.
  • Berger, A. N., and G. F. Udell. 1998. “The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle.” Journal of Banking & Finance 22: 613–673. doi:10.1016/S0378-4266(98)00038-7.
  • Carbó-Valverde, S., F. Rodríguez-Fernández, and G. F. Udell. 2012. “Trade Credit, the Financial Crisis, and Firm Access to Finance.” Working Paper FUNCAS 683: 1.
  • Cook, L. 1999. “Trade Credit and Bank Finance: Financing Small Firms in Russia.” Journal of Business Venturing 14: 493–518. doi:10.1016/S0883-9026(98)00026-3.
  • García-Teruel, P. J., and P. Martínez-Solano. 2010a. “Determinants of Trade Credit: A Comparative Study of European PYME.” International Small Business Journal 28: 215–233. doi:10.1177/0266242609360603.
  • García-Teruel, P. J., and P. Martínez-Solano. 2010b. “A Dynamic Perspective on the Determinants of Accounts Payable.” The Review of Quantitative Finance and Accounting 34: 439–457. doi:10.1007/s11156-009-0124-0.
  • Kestens, K., P. Van Cauwenberge, and H. V. Bauwhede. 2012. “Trade Credit and Company Performance during the 2008 Financial Crisis.” Accounting & Finance 52: 1125–1151. doi:10.1111/acfi.2012.52.issue-4.
  • Koenker, R., and G. Basset. 1978. “Regression Quantiles.” Econometrica 46: 33–50. doi:10.2307/1913643.
  • Niskanen, J., and M. Niskanen. 2006. “The Determinants of Corporate trade credit Policies in a Bank Dominated Financial Environment: The Case of Finnish Small Firms.” European Financial Management 12: 81–102. doi:10.1111/eufm.2006.12.issue-1.
  • Ono, M. 2001. “Determinants of Trade Credit in the Japanese Manufacturing Sector.” Journal of the Japanese and International Economies 15: 160–177. doi:10.1006/jjie.2001.0466.
  • Petersen, A., and G. Rajan. 1997. “Trade Credit: Theories and Evidence.” The Review of Financial Studies 10: 661–691. doi:10.1093/rfs/10.3.661.
  • Uesugi, I., and G. M. Yamashiro. 2008. “The Relationship between Trade Credit and Loans: Evidence from Small Businesses in Japan.” International Journal of Business 13 (2): 141–163.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.