This paper aims to examine the relationship between trade credit and corporate
performance. Empirical evidence on the impact of trade credit investment on firm …

Long payment durations are commonly considered a major drag on small-and medium-
sized enterprises (SMEs) growth by public policies and practitioners. At the same time, long …

The significant role of Small and Medium Enterprises (SMEs) in the growth of the economy
has been well-documented in the past few decades. Studies in literature have focused on …

Some financial relations have been confirmed to be different overnight and intraday due to
different clienteles. In this paper, we assess the impact of investor sentiment on stock market …

Using a large firm-level dataset encompassing 41 countries spanning from 2000 to 2019,
and employing an instrumental variables approach to address endogeneity, we find …

The COVID-19 pandemic resulted in an extremely rare instance of a shock to global product
markets. Using quarterly data for a sample of 7397 firms from 54 countries over the period …

This study investigates the relationship between trade credit and sustainable economic
growth, bank credit extension, and imports in the context of 15 European non-financial …

Judicial efficiency has been widely identified as a factor that has an impact on credit markets
and firms' financial decisions. In this paper, we study the relationship between judicial …

South Africa experiences surging unemployment, severe income inequality, and high levels
of poverty. Small and medium-sized enterprises (SMEs) are expected to be an important …

1 From a financial point of view, trade receivables and trade payables, the two components
at the heart of the famous working capital equation, are two sides of the same coin: trade …