Authors:
- Reports the current status of interfirm (buyer–supplier) relationships in Japan based on a huge volume of data covering some 380,000 firms
- Makes ample use of figures and tables to summarizes the rich, detailed information in the voluminous set of micro-data
- Provides detailed descriptions of the practice of trade credit (interfirm credit) in Japan
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
Buy it now
Buying options
Tax calculation will be finalised at checkout
Other ways to access
This is a preview of subscription content, log in via an institution to check for access.
Table of contents (1 chapter)
-
Front Matter
-
Back Matter
About this book
This is the first book to report the details of the current status of interfirm relationships in Japan. Based on a unique data set of firms, the authors describe the characteristics of interfirm transactions in a manner unprecedented in the literature. Special emphasis is placed on the nature of payment/collection between firms. Payment for interfirm transactions is usually made on account, or by payment after delivery, rather than by immediate payment. Thus, most interfirm transactions are accompanied by a provision of credit (i.e., lending/borrowing) from a seller to a buyer, referred to as trade credit. Although trade credit is used all around the world and accounts for a large portion of firms’ balance sheets, researchers, lacking detailed data, have long encountered serious difficulty in clarifying how and why firms use trade credit.
In this work the authors use a huge, unique data set of about 380,000 firms in Japan during the 2007–2010 period. To grasp the entirety of this enormous data set, which is tantamount to a picture of all firms currently operating in Japan, this brief summarizes descriptive statistics and conducts univariate analyses of the data. Also provided is the legal background of trade credit practice in Japan from the “law and economics” perspective. In this manner, the book furnishes vital information that can be used as a reference for future theoretical and empirical analyses of trade credit and interfirm relationships.
Authors and Affiliations
-
Graduate School of Business Administration, Kobe University, Kobe, Japan
Hirofumi Uchida
-
Research Department, Mizuho Research Institute, Chiyoda-ku, Japan
Arito Ono
-
Faculty of Law, Gakushuin University, Toshima-ku, Japan
Souichirou Kozuka
-
Graduate School of Economics, Hitotsubashi University, Kunitachi, Japan
Makoto Hazama
-
Institute of Economic Research, Hitotsubashi University, Kunitachi, Japan
Iichiro Uesugi
Bibliographic Information
Book Title: Interfirm Relationships and Trade Credit in Japan
Book Subtitle: Evidence from Micro-Data
Authors: Hirofumi Uchida, Arito Ono, Souichirou Kozuka, Makoto Hazama, Iichiro Uesugi
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-4-431-55187-4
Publisher: Springer Tokyo
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: The Author(s) 2015
Softcover ISBN: 978-4-431-55186-7Published: 29 September 2014
eBook ISBN: 978-4-431-55187-4Published: 09 September 2014
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: X, 82
Number of Illustrations: 2 b/w illustrations, 46 illustrations in colour
Topics: Finance, general, Business Strategy/Leadership, Operations Management