Search:
Computing and Library Services - delivering an inspiring information environment

Better payers? An empirical study of the trade credit practices of signatories of payment codes and members of FTSE4Good

Cowton, Christopher J. and San-Jose, Leire (2009) Better payers? An empirical study of the trade credit practices of signatories of payment codes and members of FTSE4Good. In: European Business Ethics Network (EBEN) UK, 6, 7 and 8 April 2009, Armada House Conference Centre, Bristol. (Unpublished)

[img] Microsoft Word - Submitted Version
Restricted to Repository staff only

Download (235kB)
    [img]
    Preview
    PDF (Word to PDF conversion (via antiword) conversion from application/msword to application/pdf)
    Download (105kB) | Preview

      Abstract

      In this paper we empirically analyze the use of trade credit in the United Kingdom in an ethically relevant manner. The main contributions of the paper are two. Firstly, we analyze the differences in trade credit practices between companies that sign a payment code and those that do not sign it. Secondly, we study if companies in FTSE4Good have a different behaviour related to payment policies. Using a FTSE sample in 2007, we find that signatories of a payment code do not have a substantially differentiate trade credit practices compared with those firms that have not signed a payment code. In the case of FTSE4Good companies, we show that indexed firms follow a clearly defined payment policy. However, although they use fewer days to pay suppliers than other companies, this difference is not statistically significant.

      Item Type: Conference or Workshop Item (Paper)
      Subjects: H Social Sciences > H Social Sciences (General)
      H Social Sciences > HG Finance
      Schools: The Business School > Financial Ethics and Governance Research Group
      Related URLs:
      Depositing User: Leire San Jose
      Date Deposited: 06 May 2009 16:59
      Last Modified: 14 Sep 2011 13:03
      URI: http://eprints.hud.ac.uk/id/eprint/3758

      Document Downloads

      Downloader Countries

      More statistics for this item...

      Item control for Repository Staff only:

      View Item

      University of Huddersfield, Queensgate, Huddersfield, HD1 3DH Copyright and Disclaimer All rights reserved ©