Do Trade Creditors Possess Private Information? Stock Returns Evidence
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https://www.nber.org/papers/w25553
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Payment timeliness in trade credit transactions is a key metric suppliers use to monitor their buyers. However, firms are not required to disclose payment timeliness information. In theory, late payments could be either a positive or negative indicator of future performance. We find that late
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美国国家经济研究局创建时间：
2019-02-01
