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How Local Finance and Enforcement Shaped SME Credit Choices before and during the COVID Crisis

Credit from suppliers is an important source of finance for firms. It can sustain firms’ financial flexibility even in periods of downturn. In this study, using a large database of 90,763 Italian firms in the 2015–2021 period, we investigated how local financial development affects the trade-credit...

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Hlavní autoři: Francesco Fasano, Maurizio La Rocca, F. Javier Sánchez-Vidal, Maria Josephin Lio, Alfio Cariola
Médium: Artigo
Jazyk:Inglês
Vydáno: MDPI AG 2024-01-01
Edice:International Journal of Financial Studies
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On-line přístup:https://www.mdpi.com/2227-7072/12/1/10
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