{"title":"Asset Liquidity and Trade Credit: International Evidence","authors":"Mohammad N. Islam, Md Khokan Bepari, S. Nahar","doi":"10.1080/08853908.2021.1999870","DOIUrl":null,"url":null,"abstract":"ABSTRACT We examine the association between asset liquidity and trade credit. We expect that firms having more asset liquidity prefer to use less trade credit. Using international data of 69 countries, we find that firms having more asset liquidity prefer to use less trade credit. Our results are robust to a wide variety of fixed effects, using change regression, propensity score matching, excluding outliers, and using alternative measures of trade credit and asset liquidity.","PeriodicalId":35638,"journal":{"name":"International Trade Journal","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Trade Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/08853908.2021.1999870","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 2
Abstract
ABSTRACT We examine the association between asset liquidity and trade credit. We expect that firms having more asset liquidity prefer to use less trade credit. Using international data of 69 countries, we find that firms having more asset liquidity prefer to use less trade credit. Our results are robust to a wide variety of fixed effects, using change regression, propensity score matching, excluding outliers, and using alternative measures of trade credit and asset liquidity.
期刊介绍:
The International Trade Journal is a refereed interdisciplinary journal published for the enhancement of research in international trade. Its editorial objective is to provide a forum for the scholarly exchange of research findings in,and significant empirical, conceptual, or theoretical contributions to the field. The International Trade Journal welcomes contributions from researchers in academia as well as practitioners of international trade broadly defined.