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Published in 2018 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-017-0637-x
Abstract: This study explores the effects of business counterparties’ (i.e. suppliers’/customers’) production efficiency uncertainty (PEU) on corporate credit risk by employing American bond observations of manufacturing firms. Empirical results of this study show that customers’ PEU…
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Keywords:
risk;
uncertainty;
customers production;
suppliers customers ... See more keywords