Improving assessment capability for accounts receivable pool financiers An empirical investigation

Xiao Song (First Author), Xiande Zhao (Participant Author), Lujie Chen (Participant Author), Hao Ying (Participant Author)

科研成果: 期刊稿件期刊论文

2 引用 (Web of Science)

摘要

Purpose The accounts receivable pool (ARP) is an e-invoice management system that provides suppliers with easy access to financial service. The purpose of this paper is to focus on the strength and weakness of ARP mechanism and suggest efficient methods to identify creditworthy borrowers. Design/methodology/approach By decomposing the sales records of 348 ARP borrowers and predicting the occurrence of overdue incidences, this study first portrays the creditworthy borrowers by sales features. Then, content analysis was applied to measure the loadings of soft and hard information, and examined the effectiveness of different information structures in creditworthiness assessment. Findings For ARP borrowers, upward trend and low volatility reveal their creditworthiness. In order to identify creditworthy borrowers beforehand, ARP financiers who have elaborated more soft information and less hard information can perform better. Originality/value This study first discussed ARP finance from a critical perspective and underlines borrower assessment to eliminate the defect of loose recourse. The empirical evidence presents the sales features of creditworthy borrowers. Moreover, the results suggest an efficient approach for ARP financiers to conduct better assessment.
源语言英语
页(从-至)547-566
期刊Industrial Management & Data Systems
120
3
DOI
出版状态已出版 - 2020

Corresponding author email

jogayh@sjtu.edu.cn

关键词

  • Accounts receivable pool finance
  • Information structure
  • Sales information

成果物的来源

  • ABDC-A
  • SCIE
  • Scopus

指纹

探究 'Improving assessment capability for accounts receivable pool financiers An empirical investigation' 的科研主题。它们共同构成独一无二的指纹。

引用此