Trade credit and firm value in business groups: evidence from Korea

IF 1.4 4区经济学 Q3 BUSINESS, FINANCE

Asia-Pacific Journal of Accounting & Economics Pub Date : 2024-04-10 DOI:10.1080/16081625.2024.2336133

Woo Sung Kim, Sang Hoon Lee, Keun Jung Lee, Kunsu Park

引用次数: 0

Abstract

This study examines the relation between trade credit and firm value in the context of business groups (i.e. chaebols). We find that the use of accounts receivably negatively influences firm value,...

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企业集团的贸易信贷和公司价值：韩国的证据

本研究以企业集团（即财阀）为背景，探讨贸易信贷与企业价值之间的关系。我们发现，应收账款的使用会对企业价值产生负面影响，而贸易信贷的使用则会对企业价值产生负面影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asia-Pacific Journal of Accounting & Economics Multiple-

CiteScore

2.40

自引率

9.10%

发文量

期刊介绍： The Asia-Pacific Journal of Accounting & Economics (APJAE) is an international forum intended for theoretical and empirical research in all areas of economics and accounting in general. In particular, the journal encourages submissions in the following areas: Auditing, financial reporting, earnings management, financial analysts, the role of accounting information, international trade and finance, industrial organization, strategic behavior, market structure, financial contracts, corporate governance, capital markets, and financial institutions. The journal welcomes contributions related to the Asia Pacific region, and targets top quality research from scholars with diverse regional interests. The editors encourage submission of high quality manuscripts with innovative ideas. The editorial team is committed to an expedient review process.