Finanse, Rynki Finansowe, Ubezpieczenia

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia


ISSN: 2450-7741     eISSN: 2300-4460    OAI    DOI: 10.18276/frfu.2018.91-17
CC BY-SA   Open Access 

Issue archive / 1/2018 (91)
Kredyt kupiecki w badaniach jakościowych
(Trade credit in qualitative research)

Authors: Dariusz Nowak
Uniwersytet Ekonomiczny w Poznaniu

Sławomir Górczyński
Keywords: trade credit financial liquidity current activity financing positive and negative aspects of trade credit;
Data publikacji całości:2018
Page range:13 (205-217)
Klasyfikacja JEL: G24 G32
Cited-by (Crossref) ?:

Abstract

Abstract: Purpose – the aim of the paper is to present, in the cognitive aspect, the opinions, judgements and notions of entrepreneurs regarding the financing of the current activity of the enterprise with trade credit. Methodology/approach – the nature of the research problem determined the adoption of qualitative research as a research basis, in which direct interview with entrepreneurs has been used. These entrepreneurs in transaction processes represent both the credit recipients as well as credit donors. Interviews were conducted in 2015, on a sample of 147 manufacturing companies of different nature and different business domain. Findings – the paper presents both positive as well as negative aspects related to the use of trade credit. The possibility to purchase without having financial means, improving financial liquidity and production productivity, increase in revenue and competitive position and general use, open access and cheapness are particularly important in the first approach. Payment gridlock and high risk of activity as well as increase cost in business activity were indicated in negative terms. Value - the authors try, through the prism of empirical research, to show and estimate positive and negative aspects of trade credit. This knowledge has a practical value as it could be used by another firms which implement or develop the trade credit policy.
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