An analysis of trade credits: the case of the Philippine footwear industry
| dc.contributor.advisor | Gochoco, Maria Socorro H. | |
| dc.contributor.author | Jose, Anita A. | |
| dc.date.accessioned | 2024-10-31T01:12:06Z | |
| dc.date.available | 2024-10-31T01:12:06Z | |
| dc.date.issued | 1988-06 | |
| dc.description.abstract | The financing schemes of the footwear manufacturing industry with special emphasis on trade credits is characterized and analyzed. A theoretical model for the demand for trade credits is derived and empirically tested using data from a sample of 63 footwear manufacturers in Marikina, Metro Manila. Survey results indicate that footwear manufacturers depend mainly on trade credits for their financing needs. A footwear manufacturer also assumes a dual role in the credit chain by acquiring trade credits from input suppliers on one end and by providing trade credit to his customers on the other end. Trade credits are also obtained from wholesalers/traders through tie-in arrangements. Under this arrangement, the wholesalers/traders provide trade credits to the footwear manufacturer on the condition that the latter sells to him the footwear manufactures at a pre-agreed price. The manufacturer's debt is settled once he delivers the goods to the wholesaler/trader. Other sources of financial credit include the informal moneylenders, friends/relatives, and institutional sources to a few. | |
| dc.identifier.uri | https://selib.upd.edu.ph/etdir/handle/123456789/790 | |
| dc.language.iso | en | |
| dc.title | An analysis of trade credits: the case of the Philippine footwear industry | |
| dc.type | Thesis |