Trade credit and bank relationships: evidence from pre-World War I Belgium

Deloof, Marc; Overfelt, Wouter van

[journal article]

dc.contributor.author	Deloof, Marc	de
dc.contributor.author	Overfelt, Wouter van	de
dc.date.accessioned	2011-04-01T05:11:00Z	de
dc.date.accessioned	2012-08-29T23:08:04Z
dc.date.available	2012-08-29T23:08:04Z
dc.date.issued	2010	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/24305
dc.description.abstract	We investigate the determinants of trade credit granted by suppliers in a historical environment which was characterized by high information asymmetries and strong banks, focusing on the role of bank-firm relationships. Our results, which are based on a unique sample of 535 firm-year observations for 125 listed Belgian firms in four dominant industries in the period 1905-1909, are generally consistent with the financing role of trade credit. They suggest that trade credit was a tool for channeling funds from firms with close bank ties to other firms, which is consistent with findings for contemporary developing countries.	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.subject.ddc	Geschichte	de
dc.subject.ddc	History	en
dc.subject.other	trade credit; bank-firm relationships; Pre-World War I Belgium; economic institutions
dc.title	Trade credit and bank relationships: evidence from pre-World War I Belgium	en
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Applied Economics	de
dc.publisher.country	USA
dc.subject.classoz	Economic Sectors	en
dc.subject.classoz	Social History, Historical Social Research	en
dc.subject.classoz	Sozialgeschichte, historische Sozialforschung	de
dc.subject.classoz	Financial Planning, Accountancy	en
dc.subject.classoz	Wirtschaftssektoren	de
dc.subject.classoz	Finanzwirtschaft, Rechnungswesen	de
dc.identifier.urn	urn:nbn:de:0168-ssoar-243054	de
dc.date.modified	2011-04-26T10:45:00Z	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	en
ssoar.gesis.collection	SOLIS;ADIS	de
ssoar.contributor.institution	http://www.peerproject.eu/	de
internal.status	3	de
dc.type.stock	article	de
dc.type.document	journal article	en
dc.type.document	Zeitschriftenartikel	de
dc.rights.copyright	f	de
dc.source.pageinfo	26
internal.identifier.classoz	30302
internal.identifier.classoz	1090304
internal.identifier.classoz	1090406
internal.identifier.journal	21	de
internal.identifier.document	32
internal.identifier.ddc	900
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1080/00036840903166269	de
dc.description.pubstatus	Postprint	en
dc.description.pubstatus	Postprint	de
internal.identifier.licence	7
internal.identifier.pubstatus	2
internal.identifier.review	1
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

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Sozialgeschichte, historische Sozialforschung
Social History, Historical Social Research
Wirtschaftssektoren
Economic Sectors
Finanzwirtschaft, Rechnungswesen
Financial Planning, Accountancy

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