Title :
The Effect of Industry Competition on Credit Trade
Author :
Dong, Yujun ; Huang, Yixiong
Author_Institution :
Sch. of Manage., Huazhong Univ. of Sci. & Technol., Wuhan, China
Abstract :
In this paper, we analysis from the supply of trade credit and present a study on the use of an important non-formal financial channel - trade credits - for firms based on Chinese companies from 2000 to 2006. In particular, we compare the use of trade credit between competition industries and non-competition industries firms. To test the difference in the use of trade credit between competition industries and non-competition industries firms, we use the information in the firmspsila financial statements, we found that, compared to non-competition industries, firms in competition industries tend to use more trade credit.
Keywords :
commerce; credit transactions; industry competition effect; nonformal financial channel; trade credits; Costs; Electronic commerce; Electronics industry; Engineering management; Finance; Financial management; Industrial economics; Pricing; Technology management; Testing; Chinese economy; Industry; Industry competition; Trade credit;
Conference_Titel :
Information Engineering and Electronic Commerce, 2009. IEEC '09. International Symposium on
Conference_Location :
Ternopil
Print_ISBN :
978-0-7695-3686-6
DOI :
10.1109/IEEC.2009.19
