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- W3122955904 abstract "Using the firm-level data over 1989-2012 from 53 countries, we find religiosity in a country is positively associated with trade credit use by local firms. Specifically, after controlling for firm- and country-level factors as well as industry and year effects, we show that trade credit use is higher in more religious countries. Moreover, both creditor rights and social trust in a country enhance the positive association between religiosity and trade credit use, while the quality of national-level disclosure mitigates the aforementioned positive association. These results are robust to alternative measures of religiosity, alternative sampling requirements, and potential endogeneity concerns." @default.
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- W3122955904 date "2018-06-03" @default.
- W3122955904 modified "2023-10-01" @default.
- W3122955904 title "Religiosity and Cross-Country Differences in Trade Credit Use" @default.
- W3122955904 hasPublicationYear "2018" @default.
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