Does media reputation affect properties of accounts payable?. Issue 1 (February 2015)

• Record Type: Journal Article
• Authors: Van den Bogaerd, Machteld; Aerts, Walter
• Is Part Of: European management journal. Volume 33:Issue 1(2015:Feb.)
• Page Start: 19
• Page End: 29
• Publication Date: 2015-02
• Subjects: Management -- Periodicals; Management -- Europe -- Periodicals; Gestion -- Périodiques; Gestion -- Europe -- Périodiques; Management; Europe; Periodicals; Electronic journals; 658.0094
• DOI: 10.1016/j.emj.2014.05.002
• Languages: English
• ISSNs: 0263-2373

Abstract

<abstract abstract-type="author" id="ab0010"> <title id="st0010">Abstract</title> <sec> <p id="sp0010">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.</p> </sec> </abstract>