Relevance of trade credit during the global financial crisis : evidence from Singapore

• Main Authors: Ma, Thiri Aung, Seah, Simin, Thakshahini Manoharan
• Other Authors: Yothin Jinjarak
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Social sciences::Economic development::Singapore; DRNTU::Social sciences::Statistics; DRNTU::Business::General::Economic and business aspects
• Online Access: http://hdl.handle.net/10356/35261
• Institution: Nanyang Technological University

This paper studies Straits Times Index (STI) firms’ performance (stock returns) with regards to firms’ two most important financing methods -- trade credit and bank credit -- during the global financial crisis (GFC). In particular, it analyzes how firms performed using the 5-day-week frequency data...