What you sell is what you lend? Explaining trade credit contracts

By Mariassunta Giannetti, Mike Burkart, Tore Ellingsen. 2004

884 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/b150a7392bc0e71b444d80ddc1a8622db67eb05d

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Citations in the corpus

The influence of economic policy uncertainty on corporate trade credit and firm value (2020, background): “Consistent with these arguments, previous empirical evidence demonstrates that firms trading differentiated products and service have more outstanding credit than firms trading standardized goods do (Mian and Smith, 1992; Blazenko and Vandezande, 2003; Burkart and Ellingsen, 2004; Giannetti et al., ”
Bargaining power and trade credit (2016, neutral): “All the U.S. firm statistics are from Giannetti, Burkart, and Ellingsen (2011). market competition.”
Do Firms Use the Trade Credit Channel to Manage Growth? (2013, neutral): “Furthermore, as in Giannetti et al. (2011), the use of trade credit is higher for manufacturers of differentiated goods than for those of standardized goods.”
Towards a Theory of Trade Finance (2011, neutral): “See Biais and Gollier (1997), Petersen and Rajan (1997), Wilner (2000), Burkart and Ellingsen (2004), Cunat (2007), Giannetti et al. (2011) and Klapper et al.”
A review of trade credit literature: Opportunities for research in operations (2013, background): “…model consisting of buyers, sellers and financial institutions to argue that default risk informat ion is valuable for non-salv ageable investme nts. Giannetti et al. (2011) present a simple formal framework from the supply side to explain why suppliers are willing to give trade credit.”
Corporate trade credit and inventories: New evidence of a trade-off from accounts payable and receivable (2009, background): “…of Riskit all variables are scaled by total sales.12 We expect the use of trade credit to differ from industry to industry since empirical studies have found wide variations across industries but rather similar credit terms within industries (Burkart et al., 2005; Ng et al., 1999; Nilsen, 2002).”