Financing the Newsvendor: Supplier vs. Bank, and the Structure of Optimal Trade Credit Contracts

By Panos Kouvelis, Wenhui Zhao. Operational Research, 2012

681 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d1bceea3d832a97c33b395bf4a16cfbec36311fc

How researchers see this paper

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

In Accounting

1. S. Alex Yang
2. John R. Birge
3. Wenhui Zhao
4. Panos Kouvelis
5. Opher Baron
6. Baofeng Zhang
7. Desheng Dash Wu
8. Yulan Wang

In Management Information Systems

1. S. Alex Yang
2. John R. Birge
3. Opher Baron
4. Baofeng Zhang
5. Desheng Dash Wu
6. Yulan Wang
7. Ying‐ju Chen
8. Zelong Yi

In Strategy and Management

1. S. Alex Yang
2. John R. Birge
3. Wenhui Zhao
4. Panos Kouvelis
5. Opher Baron
6. Baofeng Zhang
7. Desheng Dash Wu
8. Margarita Protopappa-Sieke

Citations in the corpus

• How Inventory Is (Should Be) Financed: Trade Credit in Supply Chains with Demand Uncertainty and Costs of Financial Distress (2013, background): “According to Lemma 1, the above condition holds when h′(θ)≥ 0 and h′′(θ)≥ 0, which, according to Kouvelis and Zhao (2012), is satisfied by many common distributions including uniform, exponential, truncated normal, etc. Proof of Lemma 2.”
• A Trade Credit Model with Asymmetric Competing Retailers (2018, methodology): “Our analysis builds on the models in Jing et al. (2012) and Kouvelis and Zhao (2012).”
• Trade Credit, Risk Sharing, and Inventory Financing Portfolios (2017, positive): “Our paper differs from Kouvelis and Zhao (2012) in two crucial modeling assumptions.”
• Supply Chain Contract Design Under Financial Constraints and Bankruptcy Costs (2016, background): “…increasing and convex failure rate z′′4 · 5 ≥ 0 characterizes many commonly used distributions; e.g., uniform, exponential, power, Weibull with the shape parameter greater than or equal to two, and truncated normal meet this needed requirement (see Kouvelis and Zhao 2012, Zhou and Groenevelt 2007).”
• A review of trade credit literature: Opportunities for research in operations (2013, background): “As in Kouvelis and Zhao (2012) trade credit is always advantageous for the supplier.”
• Financing an Agricultural Supply Chain with a Capital‐Constrained Smallholder Farmer in Developing Economies (2021, background): “Kouvelis and Zhao (2012) and Yang and Birge (2013) also attempt to provide a better understanding of trade credit from an operational perspective.”