The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
In a transaction between two firms, the buyer is expected to pay the seller with cash; however, due to the buyer’s lack of liquidity, an account receivable might be provided instead. Accounts Receivable Financing (ARF) is a type of trade credit that facilitates Korean interfirm transactions. Under ARF, the obligation to reimburse the bank is imputed to the seller if the buyer does not repay the loan...
Using the unique data set of all the transactions with trade credit via 17 major banks in Korea during 2008–2012, we investigate the relationship between the network structure and the contagion of failures in the financial network. Due to the difference of terms between two types of trade credits in Korea, Account Receivable Financing and Supplier Loan, a non-trivial directed network of banks and...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.