Corporate social responsibility and trade credit during periods of monetary contraction

This paper studies whether firms’ corporate social responsibility (CSR) affects their access to trade credit in response to monetary contraction shocks. Based on US firm-level data from 1995Q1 to 2014Q1, we find that after monetary contraction shocks, firms with higher levels of CSR receive more tra...

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Bibliographic Details
Main Authors: Daxin Dong, Peng Liu
Format: Article
Language:English
Published: Taylor & Francis Group 2022-12-01
Series:Journal of Applied Economics
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/15140326.2022.2110012