Bank Lending and Trade Credit: Evidence from Chinese Firms

被引:0
|
作者
Ma Zhonghua [1 ]
机构
[1] Shanghai Maritime Univ, Sch Econ & Management, Shanghai, Peoples R China
来源
关键词
Bank lending; Trade credit; Financing constraint; FINANCE; MODEL;
D O I
10.4028/www.scientific.net/AMM.52-54.1470
中图分类号
TH [机械、仪表工业];
学科分类号
0802 ;
摘要
The determinants and roles of bank lending, which is formal financing channel and outsides the supply chain, and trade credit, which is informal financing channel and insides the supply chain, are analyzed here through listed firms in China over 2006-2009. In our model we consider the trade credit as a complementary role and more important for small firms. Also with the firms different industry classified, we give the performance of bank lending and trade credit respectively. The estimation results and analysis are given detailed in our paper.
引用
收藏
页码:1470 / 1475
页数:6
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