search query: @author Wilson, N. / total: 33
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| Author: | Summers, B. Wilson, N. |
| Title: | Trade credit management and the decision to use factoring: an empirical study |
| Journal: | Journal of Business Finance and Accounting
2000 : JAN/MAR, VOL. 27:1/2, p. 37-68 |
| Index terms: | ACCOUNTING TRADE CREDIT |
| Language: | eng |
| Abstract: | This paper examines the firm's decision to use factoring amongst a cross-sectional sample of 655 manufacturing companies using a rich firm-level database. The paper develops and tests hypotheses that explain this particular choice of credit and financial management policy. The authors find strong evidence of a 'financing demand' explanation for the use of factoring, and also some support for theories which relate the decision to use a factor to the firm's product characteristics, to market characteristics and to preferences of the factor. |
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