... secondary data sources to quantify the effect of both financial constraints and cost of capital on inventory holdings of public US firms. The authors first adopt a single-firm perspective and analyze whether financial constraints and cost of capital do generally affect the amount of inventory held. Next...

... management Retailing Cost of capital Interest rates Switzerland Production or retail companies are usually faced with the temporal decoupled flow of goods and cash flows in their supply chains. On the one hand, the invoice is not issued necessarily at the time of delivery. On the other hand...