Trade credit from an ethical perspective in UK
- San Jose, Leire
- Cowton, Christopher J.
- Pindado García, Julio (coord.)
- Payne, Gregory (coord.)
Publisher: Escuela Superior de Gestión Comercial y Marketing, ESIC
ISBN: 978-84-7356-556-1
Year of publication: 2008
Volume Title: Ponencias
Volume: 1
Pages: 84
Congress: Asociación Europea de Dirección y Economía de Empresa. Congreso Nacional (22. 2008. Salamanca)
Type: Conference paper
Abstract
In the last decades the use of trade credit has been extended as a short-term financing, but this indiscriminate use has misleading consequences to suppliers that support the main disadvantages. In this research it has been analysed the use of trade credit in United Kingdom, concretely this paper establish a descriptive situation in Europe and then the situation of UK. The variables size and industry are contrasted through an empirical study made in UK companies of FTSE, and the use of the trade credit is questioned from an ethical perspective.