Item

Does media reputation affect properties of accounts payable?

Van den Bogaerd,M.
Aerts,Walter
Abstract
We examine economic benefits of a firm's corporate reputation by investigating the association between its media reputation and properties of trade payables in a sample of listed UK firms. Our results document a significant positive association between a firm's overall media reputation and both the level of its trade accounts payable and the number of days of trade credit received, suggesting that a favourable media reputation affects suppliers’ credit risk perception of the firm and facilitates the firm's use of trade credit as a source of finance.
Description
Date
2015-02
Journal Title
Journal ISSN
Volume Title
Publisher
Research Projects
Organizational Units
Journal Issue
Keywords
corporate reputation, media reputation, trade credit use, information asymmetry, credit risk
Citation
Van den Bogaerd, M & Aerts, W 2015, 'Does media reputation affect properties of accounts payable?', European Management Journal, vol. 33, no. 1, pp. 19-29. https://doi.org/10.1016/j.emj.2014.05.002
Embedded videos