Overlapping ownership along the supply chain

KM Freeman - Journal of Financial and Quantitative Analysis, 2023 - cambridge.org
I find overlapping institutional ownership (OIO) in a customer and supplier increases the
duration of their supply chain relationship. Results are stronger when vertical holdup is more …

Getting the banks on board: Accounts receivable financing in the us

J Yu - Available at SSRN 4307421, 2022 - papers.ssrn.com
This paper studies the informational role of trade credit and the accounts receivable
financing market. I hand collect new data on the contracts of accounts receivable based …

The Lender's Lender: Trade Credit and the Monitoring Role of Banks

K Freeman - Available at SSRN 3235838, 2024 - papers.ssrn.com
A firm's role as lender to its customers (via trade credit) is influenced by the firm's own
lenders. With a novel dataset of trade credit between US public companies, I find that firms …

[PDF][PDF] Creditor rights, access to finance, and stock price crash risk

JB Kim, S Liao, Y Liu - Access to Finance, and Stock Price Crash Risk …, 2022 - efmaefm.org
We examine the relation between creditor rights and stock price crash risk by exploiting the
staggered enactment of anti-recharacterization laws that gives lenders greater access to the …

Essays on Corporate Finance and Financial Markets

J Yu - 2023 - dspace.mit.edu
This thesis consists of three chapters. Chapter 1 studies the informational role of trade credit
and the accounts receivable financing market. I hand collect new data on the contracts of …

Social Capital and Interfirm Cooperation: The Impact of a Religious Scandal on Trade Credit

Q Dupont, K Freeman - Available at SSRN 4582025, 2023 - papers.ssrn.com
We study the impact of social capital on interfirm collaboration. Because social capital is
endogenous to the cultural environment, we employ adverse shocks to trust in cultural …

Topics in International Finance

JL Hsu - 2022 - search.proquest.com
This dissertation focuses on two main unanswered questions that lie at the intersection
between international financing, international trade, and supply chains. Firstly, to what extent …

Are Enhanced Creditor Rights in Bankruptcy Desirable to Shareholders? Evidence from the Cost of Equity Capital

X Ni, D Yin - Evidence from the Cost of Equity Capital (November …, 2021 - papers.ssrn.com
Stronger creditor rights in bankruptcy are often viewed to add deadweight costs and lead to
inefficient liquidation, but, ex ante, they also increase firms' borrowing capacity and reduce …