Alternative data and trade credit financing: Evidence from third-party online sales disclosure

Shangqun Liu, Jiamin Wang and Qian Li

Finance Research Letters, 2023, vol. 58, issue PB

Abstract: This study examines the relationship between the introduction of alternative data and trade credit financing. Using the event of the public launch of firm online sales data in a well-known financial database in China, we show that firms obtain more trade credit from suppliers with the public disclosure of such alternative data. We extend the literature by shedding light on the important role of alternative data in capital markets to assess the operational transparency and credit risk of firms.

Keywords: Alternative data; Trade credit; Third-party online sales; Informal financing (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323008413
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pb:s1544612323008413

DOI: 10.1016/j.frl.2023.104469

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().