Trade Credit: Suppliers as Debt Collectors and Insurance Providers

By Vicente Cunat Martinez. 2003

929 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/a7c781ca58c0dff8d638f85dd959be09ef80257a

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Citations in the corpus

Friend or foe: Customer-supplier relationships and innovation (2017, background): “…of the influence of customer-supplier relationships, including financing policies and capital structure (Banerjee, Dasgupta, & Kim, 2008; Chu, 2012; Cunat, 2007; Garcia-Appendini &Montoriol-Garriga, 2013; Kale & Shahrur, 2007; Petersen & Rajan, 1997; Titman &Wessels, 1988; Wang, 2012; Wilner,…”
Trade Credit Provision and National Culture (2016, neutral): “…this question, specifically, for the U.S. (e.g., Giannetti et al., 2011; Petersen and Rajan, 1997) (e.g., Long et al., 1993; Molina and Preve, 2009; Ng et al., 1999), the U.K. (Atanasova, 2007; Cunat, 2007), China (Cull et al., 2009; Ge and Qiu, 2007), and Vietnam (McMillan and Woodruff, 1999).”
Trade credit and SME profitability (2014, methodology): “The key independent variable is the investment in accounts receivable (REC) calculated as the ratio of accounts receivable to total assets (Boissay and Gropp 2007; Cuñat 2007; Deloof and Jegers 1999).”
Towards a Theory of Trade Finance (2011, neutral): “For demand side and composition effects see Eaton et al. (2011), Levchenko et al.”
European trade credit use and SME survival (2018, positive): “Long lasting relationships appear to be an important determinant for trade credit extension (Cunat, 2007).”
Credit Market Disruptions and Liquidity Spillover Effects in the Supply Chain (2020, neutral): “I refer to this as a supplier-driven reduction in trade credit, since suppliers are using trade credit to retain their important customers (e.g., Wilner 2000; Cunat 2007).”
Trade Credit, Collateral, and Adverse Selection (2005, positive): “In Cunat (2002) the supplier also has a stake in the survival of the buyer. Wilner (2000) develops a related idea. In his model a firm in financial distress renegotiates with the trade creditor. The analysis focuses on the relationship between the real interest rate and the implicit interest rate em”
Assessing the Impact of Customer Concentration on Initial Public Offering and Balance Sheet–Based Outcomes (2017, methodology): “In line with the accounting and finance literature (e.g., Cunat 2007; Petersen and Rajan 1997; Sopranzetti 1998), we use doubtful receivables (i.e., a portion of account receivables that has a high probability of becoming a bad debt in the future) as measure of the credit quality of a supplier’s…”
Corporate trade credit and inventories: New evidence of a trade-off from accounts payable and receivable (2009, positive): “…arguments (Brennan, Maksimovic and Zechner, 1988), monitoring advantages (Jain, 2000 and Mateut, Bougheas and Mizen, 2006), insurance (Cunat, 2007), product quality (Lee and Stove, 1993 and Long, Malitz and Ravid, 1994) bankruptcy (Frank and Maksimovic, 2004 and Wilner, 2000)…”
A more complete conceptual framework for SME finance (2006, background): “standardized products (Cook 1999, Cunat 2003, Frank and Maksimovic 2003, Burkart and Ellingsen 2004,”
Supply chain finance, financial constraints and corporate performance: An explorative network analysis and future research agenda (2019, background): “In this light, our study is not only positioned at the intersection of the corporate finance, SCF, SCM, and logistics literature but also makes use of theoretical concepts from the trade credit literature (Emery, 1984; Wilner, 2000; Cunat, 2007).”
Socially responsible corporate customers (2020, background): “bargaining power when it extends little trade credit to its principal customers (Banerjee, Dasgupta, and Kim, 2008; Fisman and Raturi, 2004; and Burkart, Ellingsen, and Giannetti, 2009), or when its sales do not depend on its relationship with a specific customer (Cunat, 2007).”