Payment periods and corporate trade credit between 1990 and 2008

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Quarterly selection of articles - Bulletin de la Banque de France, 2009, issue 15, 27-47

Abstract: In 2008, companies prepared for the entry into force of the Law on the Modernisation of the Economy (LME) by sharply reducing their payment periods. Going forward, this Law should limit the risk of chains of failures.

Keywords: payment periods; days sales outstanding (DSO); days payable outstanding (DPO); trade credit; LME. (search for similar items in EconPapers)
JEL-codes: L14 L29 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2009:15:02

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