Interfirm relationships and trade credit in Japan : evidence from micro-data /

This is the first book to report the details of the current status of interfirm relationships in Japan. Based on a unique data set of firms, the authors describe the characteristics of interfirm transactions in a manner unprecedented in the literature. Special emphasis is placed on the nature of pay...

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Bibliographic Details
Author / Creator:Uchida, Hirofumi, author.
Imprint:Tokyo ; New York : Springer, [2015]
Description:1 online resource : color illustrations.
Language:English
Series:SpringerBriefs in economics, dx 2191-5512
SpringerBriefs in economics.
Subject:Business networks -- Japan -- Databases.
Commercial credit -- Japan.
BUSINESS & ECONOMICS -- Industrial Management.
BUSINESS & ECONOMICS -- Management.
BUSINESS & ECONOMICS -- Management Science.
BUSINESS & ECONOMICS -- Organizational Behavior.
Business networks.
Commercial credit.
Japan.
Electronic books.
Databases.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11087814
Hidden Bibliographic Details
Other authors / contributors:Ono, Arito, author.
Kozuka, Sōichirō, 1969- author.
Kazama, Makoto, author.
Uesugi, Iichiro, 1969- author.
ISBN:9784431551874
4431551875
4431551867
9784431551867
9784431551867
Notes:Includes bibliographical references and index.
Online resource; title from PDF title page (Ebsco, viewed September 22, 2014).
Summary:This is the first book to report the details of the current status of interfirm relationships in Japan. Based on a unique data set of firms, the authors describe the characteristics of interfirm transactions in a manner unprecedented in the literature. Special emphasis is placed on the nature of payment/collection between firms. Payment for interfirm transactions is usually made on account, or by payment after delivery, rather than by immediate payment. Thus, most interfirm transactions are accompanied by a provision of credit (i.e., lending/borrowing) from a seller to a buyer, referred to as trade credit. Although trade credit is used all around the world and accounts for a large portion of firmsℓ́ℓ balance sheets, researchers, lacking detailed data, have long encountered serious difficulty in clarifying how and why firms use trade credit. In this work the authors use a huge, unique data set of about 380,000 firms in Japan during the 2007ℓ́ℓ2010 period. To grasp the entirety of this enormous data set, which is tantamount to a picture of all firms currently operating in Japan, this brief summarizes descriptive statistics and conducts univariate analyses of the data. Also provided is the legal background of trade credit practice in Japan from the ℓ́ℓlaw and economicsℓ́ℓ perspective. In this manner, the book furnishes vital information that can be used as a reference for future theoretical and empirical analyses of trade credit and interfirm relationships.
Other form:Printed edition: 9784431551867
Standard no.:10.1007/978-4-431-55187-4