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Petersen et al., 1997 - Google Patents

Trade credit: theories and evidence

Petersen et al., 1997

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Document ID
11901047533742938630
Author
Petersen M
Rajan R
Publication year
Publication venue
The review of financial studies

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Snippet

Firms may be financed by their suppliers rather than by financial institutions. There are many theories of trade credit, but few comprehensive empirical tests. This article attempts to fill the gap. We focus on small firms whose access to capital markets may be limited and find …
Continue reading at www.nber.org (PDF) (other versions)

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