Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches

Objective: One of the short-term financing methods that have received less attention in domestic research is the use of trade credit in financing. In this study, the impacts of some financial variables in firms on the supply of and demand for trade credit have been examined. Method: The research sam...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Abbas Aflatooni (Ph.D), Mohammad Norouzi
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2020
Materias:	trade credit static and dynamic panel data generalized method of moments (gmm) Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/635172a700dd41cbba3ab8f24ee37a12
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:635172a700dd41cbba3ab8f24ee37a12
record_format	dspace
spelling	oai:doaj.org-article:635172a700dd41cbba3ab8f24ee37a122021-11-04T19:55:28ZDeterminants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches2008-89142476-292X10.22103/jak.2020.13295.2879https://doaj.org/article/635172a700dd41cbba3ab8f24ee37a122020-04-01T00:00:00Zhttps://jak.uk.ac.ir/article_2505_4bc951a6766a7fe8e2fa681a873cafbb.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XObjective: One of the short-term financing methods that have received less attention in domestic research is the use of trade credit in financing. In this study, the impacts of some financial variables in firms on the supply of and demand for trade credit have been examined. Method: The research sample includes 147 companies listed in the Tehran Stock Exchange in the period 2007-2017. To estimate the proposed model, panel data method and control approach of the effects of years and industries have been used as static approach, and to take into account the dynamics of supply and demand for trade credit, the dynamic panel data method with generalized moment method (GMM) has been used as complementary tests. Results: Findings showed that as firm's size and age increase, so does the supply and demand for trade credit. Also, it was shown that firm's liquidity inversely affects the supply and demand for trade credit. However, the results do not provide sufficient evidence on the significant impact of financial constraints on supply and demand for trade credit. The findings of the supplementary tests confirm the initial results of the study. Conclusion: Identifying the factors influencing the trade credit can help to properly manage trade credit and make optimal use of it to improve risk management and increase firm value.Abbas Aflatooni (Ph.D)Mohammad NorouziShahid Bahonar University of Kermanarticletrade creditstatic and dynamic panel datageneralized method of moments (gmm)Accounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 11, Iss 1, Pp 35-59 (2020)
institution	DOAJ
collection	DOAJ
language	FA
topic	trade credit static and dynamic panel data generalized method of moments (gmm) Accounting. Bookkeeping HF5601-5689
spellingShingle	trade credit static and dynamic panel data generalized method of moments (gmm) Accounting. Bookkeeping HF5601-5689 Abbas Aflatooni (Ph.D) Mohammad Norouzi Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches
description	Objective: One of the short-term financing methods that have received less attention in domestic research is the use of trade credit in financing. In this study, the impacts of some financial variables in firms on the supply of and demand for trade credit have been examined. Method: The research sample includes 147 companies listed in the Tehran Stock Exchange in the period 2007-2017. To estimate the proposed model, panel data method and control approach of the effects of years and industries have been used as static approach, and to take into account the dynamics of supply and demand for trade credit, the dynamic panel data method with generalized moment method (GMM) has been used as complementary tests. Results: Findings showed that as firm's size and age increase, so does the supply and demand for trade credit. Also, it was shown that firm's liquidity inversely affects the supply and demand for trade credit. However, the results do not provide sufficient evidence on the significant impact of financial constraints on supply and demand for trade credit. The findings of the supplementary tests confirm the initial results of the study. Conclusion: Identifying the factors influencing the trade credit can help to properly manage trade credit and make optimal use of it to improve risk management and increase firm value.
format	article
author	Abbas Aflatooni (Ph.D) Mohammad Norouzi
author_facet	Abbas Aflatooni (Ph.D) Mohammad Norouzi
author_sort	Abbas Aflatooni (Ph.D)
title	Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches
title_short	Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches
title_full	Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches
title_fullStr	Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches
title_full_unstemmed	Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches
title_sort	determinants of supply of and demand for trade credit: static and dynamic approaches
publisher	Shahid Bahonar University of Kerman
publishDate	2020
url	https://doaj.org/article/635172a700dd41cbba3ab8f24ee37a12
work_keys_str_mv	AT abbasaflatooniphd determinantsofsupplyofanddemandfortradecreditstaticanddynamicapproaches AT mohammadnorouzi determinantsofsupplyofanddemandfortradecreditstaticanddynamicapproaches
_version_	1718444594420514816

Determinants of Supply of and Demand for Trade Credit: Static and Dynamic Approaches

Ejemplares similares