Late Payment and Credit Management in the Small Firm Sector: Some Empirical Evidence

By M. Peel, N. Wilson, Carole Howorth. 2000

189 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/1adea83d5845336f2ad39d77ab5c229c11d516ec

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

Citations in the corpus

Trade credit and SME profitability (2014, background): “Schwartz (1974) developed the financial motives for the use of trade credit.”
TRENDS IN WORKING CAPITAL MANAGEMENT AND ITS IMPACT ON FIRMS, PERFORMANCE: AN ANALYSIS OF MAURITIAN SMALL MANUFACTURING FIRMS (2006, background): “The study undertaken by (Peel et al., 2000) revealed that small firms tend to have a relatively high proportion of current assets, less liquidity, exhibit volatile cash flows, and a high reliance on short-term debt.”
Working capital management and firms’ performance in emerging markets: the case of Jordan (2012, unknown): “, 1986) and legislation (Peel et al., 2000).”
The impact of cash conversion cycle on firm profitability: An empirical study based on Swedish data (2014, background): “Efficient CCC management gives managers better control over a firm’s short-term investments, which in turn may affect risk, profitability, and thereby firm value (Peel et al. , 2000; Ebben and Johnson, 2011).”
Financing of working capital requirement, financial flexibility and SME performance (2016, background): “First, Peel et al. (2000) suggest that efficient working capital management is particularly important for small and medium-sized firms due to the greater difficulties they have in obtaining funding in long-term capital markets (Petersen, Rajan 1997); hence, these SMEs exhibit greater dependence on…”
Determinants of trade credit: A comparative study of European SMEs (2010, background): “…and medium-sized enterprises (SMEs), whose access to the capital markets is very limited (Petersen and Rajan, 1997), and who use less external finance, especially bank finance (Beck et al., 2008), and rely more on short-term debt finance (García-Teruel and Martínez-Solano, 2007; Peel et al., 2000).”
How does working capital management affect the profitability of Spanish SMEs? (2012, background): “Secondly, SMEs are subject to important financial constraints (Whited 1992; Fazzari and Petersen 1993; Audretsch and Elston 1997) and have difficulties in obtaining funding in the long-term capital markets (Walker 1989; Petersen and Rajan 1997; and Scholtens 1999), which means that an efficient work”
Working capital management in SMEs (2010, unknown): “, 2006) focused on larger firms, but there is no evidence from small and medium-size enterprises (SMEs), despite the fact that efficient working capital management is particularly important for smaller firms (Peel and Wilson, 1996; Peel et al., 2000).”