Metaanaliza transakcyjnych i finansowych możliwości wykorzystania kredytu handlowego

• Autorzy: Natalia Nehrebecka , Anna Białek-Jaworska , Aneta Dzik-Walczak

Warianty tytułu

Meta-Analysis of Transactional and Financial Possibilities of Using Trade Credit

• Języki publikacji: PL

Abstrakty

W artykule przeprowadzono metaanalizę wyników niezależnych badań determinant finansowania przedsiębiorstw kredytem handlowym, wyróżniając główne grupy czynników uwzględnianych w badaniach empirycznych: zadłużenie, płynność, wielkość firmy, rentowność, zapasy i możliwości wzrostu. Prezentowane przez badaczy wyniki nie są zgodne co do charakteru zależności między kredytem handlowym i bankowym. (...) Różnorodność danych powoduje, że uogólnianie wyników w skali globalnej może stanowić wyzwanie. Aby mu sprostać oszacowano modele logitowe w celu wskazania cech prób i metod badawczych wpływających na istotność (wynikających z teorii) determinant finansowania się kredytem handlowym. W metaanalizie uwzględniono następujące cechy prób badawczych: średni rok z próby, liczbę lat objętych badaniem, jak również lata objęte analizą, rok publikacji, typ zmiennej objaśnianej, liczebność próby badawczej, status rozwoju kraju (Stany Zjednoczone, Europa i reszta świata), zastosowaną metodę ekono-metryczną oraz charakterystykę spółek uczestniczących w badaniu. (fragment tekstu)

EN

Article aims to systematize the knowledge acquired in the independent international research on the determinants of financing enterprises using trade credit by conducting a meta-analysis for the main groups of factors taken into account in the models: debt, liquidity, company size, profitability, stocks and growth opportunities. On the basis of publications review devoted to funding sources, 26 companies using trade credit from suppliers are selected. A database containing information about 232 of the estimated models is built. A logit model is estimated to identify the characteristics of trials and research methods determinants influencing the importance of trade credit finance companies. Results of the effect of debt financing on commercial credit utilization depend on the country and the characteristics of surveyed enterprises. (original abstract)

Słowa kluczowe

PL

Kredyt handlowy; Finansowanie przedsiębiorstwa; Model logitowy; Metaanaliza

EN

Commercial credit; Financing enterprises; Logit model; Meta-analysis

• Czasopismo: Wiadomości Statystyczne
• Rocznik: 2015
• Numer: nr 7
• Strony: 51--73

Twórcy

autor

Natalia Nehrebecka

• Uniwersytet Warszawski; Narodowy Bank Polski

autor

Anna Białek-Jaworska

• Uniwersytet Warszawski

autor

Aneta Dzik-Walczak

• Uniwersytet Warszawski

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