Chapter 1 The role of trade credit in corporate activity

This chapter describes the role of trade credit in the functioning of enterprises. It presents the essence and the use of this form of finance, as well as placing it in a historical context. The chapter discusses the role of trade credit and the methods of trade credit management in business entitie...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Koralun-Bereźnicka, Julia, Szramowski, Dawid
التنسيق: Online
اللغة:الإنجليزية
منشور في: Taylor & Francis 2022
الموضوعات:
الوصول للمادة أونلاين:https://library.oapen.org/handle/20.500.12657/54629
الوسوم: إضافة وسم
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author Koralun-Bereźnicka, Julia
Szramowski, Dawid
author_browse Koralun-Bereźnicka, Julia
Szramowski, Dawid
author_facet Koralun-Bereźnicka, Julia
Szramowski, Dawid
author_sort Koralun-Bereźnicka, Julia
collection Directory of Open Access Books
description This chapter describes the role of trade credit in the functioning of enterprises. It presents the essence and the use of this form of finance, as well as placing it in a historical context. The chapter discusses the role of trade credit and the methods of trade credit management in business entities. It also describes the rules of trade credit administration, as well as the common reasons that enterprises use trade credit. Moreover, the chapter discusses the receivables and payables management system in an enterprise. Apart from highlighting the role of trade credit in national economies, it indicates the tools for minimising the level of risk associated with the trade credit granted. Further on, it presents the various objectives that trade credit allows entrepreneurs to achieve. Finally, it reports the legislative regulations introduced to exclude deferred payment contracts, which can be grossly unfair to one of the parties.
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spelling doab-20.500.12854ir-817902025-02-05T15:47:18Z Chapter 1 The role of trade credit in corporate activity Koralun-Bereźnicka, Julia Szramowski, Dawid cluster analysis; country and firm size effect;financial crisis; industry; payables management; receivables management; short-term finance;Trade credit; trade credit balance; working capital This chapter describes the role of trade credit in the functioning of enterprises. It presents the essence and the use of this form of finance, as well as placing it in a historical context. The chapter discusses the role of trade credit and the methods of trade credit management in business entities. It also describes the rules of trade credit administration, as well as the common reasons that enterprises use trade credit. Moreover, the chapter discusses the receivables and payables management system in an enterprise. Apart from highlighting the role of trade credit in national economies, it indicates the tools for minimising the level of risk associated with the trade credit granted. Further on, it presents the various objectives that trade credit allows entrepreneurs to achieve. Finally, it reports the legislative regulations introduced to exclude deferred payment contracts, which can be grossly unfair to one of the parties. 2022-05-21T04:01:38Z 2022-05-21T04:01:38Z 2022-05-20T09:34:51Z 2021 chapter https://library.oapen.org/handle/20.500.12657/54629 9781032181752 9781032181776 https://directory.doabooks.org/handle/20.500.12854/81790 eng open access image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/54629/1/9781003253228_10.4324_9781003253228-2.pdf https://library.oapen.org/bitstream/20.500.12657/54629/1/9781003253228_10.4324_9781003253228-2.pdf Taylor & Francis Routledge 10.4324/9781003253228-2 10.4324/9781003253228-2 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 The Economics of Corporate Trade Credit in Europe 9781032181752 9781032181776 Routledge 35 open access
spellingShingle cluster analysis; country and firm size effect;financial crisis; industry; payables management; receivables management; short-term finance;Trade credit; trade credit balance; working capital
Koralun-Bereźnicka, Julia
Szramowski, Dawid
Chapter 1 The role of trade credit in corporate activity
title Chapter 1 The role of trade credit in corporate activity
title_full Chapter 1 The role of trade credit in corporate activity
title_fullStr Chapter 1 The role of trade credit in corporate activity
title_full_unstemmed Chapter 1 The role of trade credit in corporate activity
title_short Chapter 1 The role of trade credit in corporate activity
title_sort chapter 1 the role of trade credit in corporate activity
topic cluster analysis; country and firm size effect;financial crisis; industry; payables management; receivables management; short-term finance;Trade credit; trade credit balance; working capital
topic_facet cluster analysis; country and firm size effect;financial crisis; industry; payables management; receivables management; short-term finance;Trade credit; trade credit balance; working capital
url https://library.oapen.org/handle/20.500.12657/54629
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