Delaying Payments after the Financial Crisis: Evidence from EU Companies

Delaying Payments after the Financial Crisis: Evidence from EU Companies

The paper investigates economic impact of delayed payments caused by liquidity crisis in the European Union. Using micro data sets on financial statements of 54,277 firms for the period of 2005 to 2014 inclusive, we perform panel data analysis by estimating fixed effects regression models with selec...

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Bibliographic Details
Main Author: Isaac Kwame Essien Obeng
Format: Article
Language:English
Published: Mendel University Press 2017-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
late payments
accounts receivable
accounts payable
credit collection
credit period
financial crisis
Online Access:https://acta.mendelu.cz/65/2/0447/

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