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Is government contract a driver of trade credit? The moderating role of bargaining power, financial and institutional constraints

This paper studies the effect of government contracts on trade credit by using cross-country firm-level data. Trade credit is defined as a firm’s deferral of payment to its sellers when it buys material inputs. We apply the instrumental variable to take into account the endogeneity problem caused by...

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Principais autores: Tran Manh Ha, Doan Ngoc Thang, Luong Van Dat, Do Phu Dong, Nguyen Thi Hong Hai
Format: Artigo
Sprog:Inglês
Udgivet: Taylor & Francis Group 2022-12-01
Serier:Cogent Business & Management
Fag:
government contract
trade credit
bargaining power
financial constraints
institutional constraints
F10
Online adgang:https://www.tandfonline.com/doi/10.1080/23311975.2022.2107743
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