Customer Market Power and the Provision of Trade Credit : Evidence from Eastern Europe and Central Asia

Customer Market Power and the Provision of Trade Credit : Evidence from Eastern Europe and Central Asia

Statistics show that the sale of goods on credit is widespread among firms even when they are capital constrained and thus face relatively high costs in providing trade credit. This study provides an explanation for this by arguing that customers w...

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Bibliographic Details
Main Author: Van Horen, Neeltje
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCOUNTING
AFFILIATED ORGANIZATIONS
ASYMMETRIC INFORMATION
BORROWING
BORROWING CONSTRAINTS
CENTRAL BANK
COMMERCIAL CREDIT
COMPETITIVENESS
CONSUMER SURPLUS
DEBT
DOMESTIC MARKET
ECONOMIC PERFORMANCE
ECONOMICS
EXPECTED VALUE
EXPORTS
FINANCIAL CONTRACTS
FINANCIAL INTERMEDIARIES
FINANCIAL MANAGEMENT
FINANCIAL SECTOR
GDP
GDP PER CAPITA
GROWTH RATE
INFLATION
INSURANCE
INTERNATIONAL TRADE
INVESTMENT CLIMATE
LESS DEVELOPED COUNTRY
MARKET COMPETITION
MARKET POWER
MONETARY POLICY
MONOPOLY
MORAL HAZARD
PRICE DISCRIMINATION
PRICE INCREASE
PRICE REGULATION
PRODUCT QUALITY
PRODUCTION COSTS
PROPERTY RIGHTS
PURCHASING
REAL GDP
REGRESSION ANALYSIS
RETAIL
RISK EXPOSURE
SALE
SALES
SMALL BUSINESS
SUBSTITUTES
SUPPLIER
SUPPLIERS
TOTAL SALES
TRADE CREDIT
TRADE CREDITORS
WORKING CAPITAL
Online Access:http://documents.worldbank.org/curated/en/2007/07/7965080/customer-market-power-provision-trade-credit-evidence-eastern-europe-central-asia
http://hdl.handle.net/10986/7477

Internet

http://documents.worldbank.org/curated/en/2007/07/7965080/customer-market-power-provision-trade-credit-evidence-eastern-europe-central-asia
http://hdl.handle.net/10986/7477

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