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Does trade credit play a signalling role?
Using micro-data on small- and medium-sized enterprises, this paper empirically investigates the signalling hypothesis formulated on the role of trade credit (Biais and Gollier in Rev Financ Stud 10: 903-937, 1997; Burkart and Ellingsen in Am Econ Rev 94: 569-590, 2004). The research method adopted...
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| Format: | Article |
| Language: | English |
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2014
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