{"id":"https://openalex.org/W22700620","doi":null,"title":"The Motives of Trade Credit Usage and the Importance of Risk Perception for Decision-Making Behavior","display_name":"The Motives of Trade Credit Usage and the Importance of Risk Perception for Decision-Making Behavior","publication_year":2012,"publication_date":"2012-01-01","ids":{"openalex":"https://openalex.org/W22700620","mag":"22700620"},"language":"en","primary_location":{"id":"pmh:oai:scholarworks.wmich.edu:dissertations-1053","doi":null,"is_oa":true,"landing_page_url":"https://scholarworks.wmich.edu/dissertations/78","pdf_url":"https://scholarworks.wmich.edu/cgi/viewcontent.cgi?article=1053&context=dissertations","source":{"id":"https://openalex.org/S4377196527","display_name":"ScholarWorks - WMU (Western Michigan University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I141649380","host_organization_name":"Western Michigan University","host_organization_lineage":["https://openalex.org/I141649380"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Dissertations","raw_type":"text"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://scholarworks.wmich.edu/cgi/viewcontent.cgi?article=1053&context=dissertations","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Kun Zhao","orcid":"https://orcid.org/0000-0002-2434-5228","observed_orcids":["https://orcid.org/0000-0002-2434-5228"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Kun Zhao","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-2434-5228","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/trade-credit","display_name":"trade credit","score":0.9900000095367432},{"id":"https://openalex.org/keywords/transaction-motive","display_name":"transaction motive","score":0.9049999713897705},{"id":"https://openalex.org/keywords/financing-motives","display_name":"financing motives","score":0.9929999709129333},{"id":"https://openalex.org/keywords/accounts-payable","display_name":"accounts payable","score":0.7099999785423279},{"id":"https://openalex.org/keywords/accounts-receivable","display_name":"accounts receivable","score":0.9959999918937683},{"id":"https://openalex.org/keywords/bank-lending","display_name":"bank lending","score":0.6159999966621399},{"id":"https://openalex.org/keywords/credit-constraints","display_name":"credit constraints","score":0.6460000276565552},{"id":"https://openalex.org/keywords/self-financing","display_name":"self-financing","score":0.8690000176429749},{"id":"https://openalex.org/keywords/risk-perception","display_name":"risk perception","score":0.6539999842643738},{"id":"https://openalex.org/keywords/expected-utility","display_name":"expected utility","score":0.8130000233650208},{"id":"https://openalex.org/keywords/risky-asset-investment","display_name":"risky asset investment","score":0.8809999823570251},{"id":"https://openalex.org/keywords/retirement","display_name":"retirement","score":0.4090000092983246},{"id":"https://openalex.org/keywords/pension-plans","display_name":"pension plans","score":0.9290000200271606},{"id":"https://openalex.org/keywords/economic-depression","display_name":"economic depression","score":0.7300000190734863},{"id":"https://openalex.org/keywords/small-business","display_name":"small business","score":0.5979999899864197},{"id":"https://openalex.org/keywords/large-firms","display_name":"large corporations","score":0.9760000109672546}],"concepts":[{"id":"https://openalex.org/C163355716","wikidata":"https://www.wikidata.org/wiki/Q2154783","display_name":"Risk perception","level":3,"score":0.6713350415229797},{"id":"https://openalex.org/C26760741","wikidata":"https://www.wikidata.org/wiki/Q160402","display_name":"Perception","level":2,"score":0.564119815826416},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4588930606842041},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.4331919252872467},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.35078030824661255},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.3137798607349396},{"id":"https://openalex.org/C169760540","wikidata":"https://www.wikidata.org/wiki/Q207011","display_name":"Neuroscience","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:scholarworks.wmich.edu:dissertations-1053","doi":null,"is_oa":true,"landing_page_url":"https://scholarworks.wmich.edu/dissertations/78","pdf_url":"https://scholarworks.wmich.edu/cgi/viewcontent.cgi?article=1053&context=dissertations","source":{"id":"https://openalex.org/S4377196527","display_name":"ScholarWorks - WMU (Western Michigan University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I141649380","host_organization_name":"Western Michigan University","host_organization_lineage":["https://openalex.org/I141649380"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Dissertations","raw_type":"text"},{"id":"mag:22700620","doi":null,"is_oa":false,"landing_page_url":"https://scholarworks.wmich.edu/cgi/viewcontent.cgi?article=1053&context=dissertations","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:scholarworks.wmich.edu:dissertations-1053","doi":null,"is_oa":true,"landing_page_url":"https://scholarworks.wmich.edu/dissertations/78","pdf_url":"https://scholarworks.wmich.edu/cgi/viewcontent.cgi?article=1053&context=dissertations","source":{"id":"https://openalex.org/S4377196527","display_name":"ScholarWorks - WMU (Western Michigan University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I141649380","host_organization_name":"Western Michigan University","host_organization_lineage":["https://openalex.org/I141649380"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Dissertations","raw_type":"text"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W22700620.pdf","grobid_xml":"https://content.openalex.org/works/W22700620.grobid-xml"},"referenced_works_count":40,"referenced_works":["https://openalex.org/W181945326","https://openalex.org/W600860327","https://openalex.org/W625390250","https://openalex.org/W1485257347","https://openalex.org/W1502637635","https://openalex.org/W1546523058","https://openalex.org/W1820599442","https://openalex.org/W1985131171","https://openalex.org/W1988844636","https://openalex.org/W1996112396","https://openalex.org/W2013704297","https://openalex.org/W2028039505","https://openalex.org/W2029800541","https://openalex.org/W2035516084","https://openalex.org/W2038260027","https://openalex.org/W2043267948","https://openalex.org/W2051986033","https://openalex.org/W2075564590","https://openalex.org/W2091729862","https://openalex.org/W2094514178","https://openalex.org/W2111504671","https://openalex.org/W2120370613","https://openalex.org/W2130757678","https://openalex.org/W2142837234","https://openalex.org/W2147168592","https://openalex.org/W2160341712","https://openalex.org/W2163309926","https://openalex.org/W2164917393","https://openalex.org/W2176723585","https://openalex.org/W2605496294","https://openalex.org/W2955691702","https://openalex.org/W3021995853","https://openalex.org/W3122671845","https://openalex.org/W3122858800","https://openalex.org/W3122897481","https://openalex.org/W3124201178","https://openalex.org/W3124422916","https://openalex.org/W3124834107","https://openalex.org/W3125140669","https://openalex.org/W3125147207"],"related_works":["https://openalex.org/W2114345969","https://openalex.org/W1987819766","https://openalex.org/W7098340656","https://openalex.org/W2018562690","https://openalex.org/W196618495","https://openalex.org/W2530913167","https://openalex.org/W4395113656","https://openalex.org/W2394262357","https://openalex.org/W2081008536","https://openalex.org/W3087967789"],"abstract_inverted_index":{"The":[0,34,68,180],"objective":[1],"of":[2,10,22,36,76,92,138,171,177,232,311,323,331,360,369],"this":[3,66],"study":[4,26,163,212,283,374],"is":[5,39,61,144,203,334,354,399],"to":[6,45,64,88,95,129,133,149,165,195,200,224,280,296,319,356,384,402],"discuss":[7],"two":[8,181,214,226],"motives":[9],"trade":[11,32,48,93,104,131,150,159,172,275],"credit":[12,49,94,105,110,132,151,160,173,218,276],"usage":[13],"for":[14,209],"large":[15,264],"and":[16,146,154,184,197,220,262,269,300],"small":[17,260],"firms.":[18],"To":[19],"examine":[20,65],"one":[21,137],"the":[23,37,74,90,109,117,139,156,162,190,198,201,225,230,238,249,312,338,358,366,403],"motives\u2013transaction":[24],"motive\u2014the":[25],"models":[27,215],"a":[28,100,166,175,207,255,271,282,320,381,391],"circulation":[29],"mechanism":[30,38],"in":[31,70,103,174,222,240,254,259,302,325,337,390,395,407],"credit.":[33],"nature":[35],"such":[40],"that":[41,79,244,380],"firms":[42,80,120,265],"are":[43,85,126,266],"motivated":[44],"balance":[46],"their":[47,54,96,134,303],"inflows":[50],"(accounts":[51,56],"payable)":[52],"with":[53,81,121,298],"outflows":[55],"receivable).":[57],"An":[58,329],"empirical":[59],"test":[60],"therefore":[62],"needed":[63],"issue.":[67],"findings":[69,239],"Chapter":[71,241],"1":[72],"support":[73],"theory":[75],"transaction":[77,178],"motive":[78,170],"more":[82,86,274],"bank":[83,142],"tolerance":[84],"likely":[87],"advance":[89,273],"flow":[91,125],"clients.":[97,135],"In":[98],"particular,":[99],"one-unit":[101],"increase":[102],"acceptance":[106],"would":[107],"raise":[108],"lending":[111,143],"by":[112],"approximately":[113],"0.44":[114],"units.":[115],"Meanwhile,":[116],"financially":[118],"healthy":[119],"positive":[122],"net":[123],"cash":[124],"better":[127,321],"able":[128],"lend":[130],"As":[136],"contributing":[140],"factors,":[141],"positively":[145],"significantly":[147],"related":[148,401],"lending.\\nTo":[152],"refine":[153],"extend":[155],"literature":[157],"on":[158,168,284,365,375],"allocation,":[161],"moves":[164],"focus":[167],"financing":[169],"presence":[176],"motive.":[179],"forces":[182],"(transaction":[183],"financing)":[185],"either":[186,389],"aid":[187],"or":[188,394],"resist":[189],"flow\u2019s":[191],"movement":[192,202],"from":[193,278,387],"suppliers":[194,279],"clients,":[196],"resistance":[199],"thereby":[204],"seen":[205],"as":[206,248,270,308],"diversion":[208,256],"self-financing.":[210],"This":[211,373],"generates":[213],"measuring":[216],"in-stream":[217],"flows":[219,277],"diversion,":[221],"response":[223],"different":[227],"motives.":[228],"From":[229],"estimation":[231],"seemingly":[233],"unrelated":[234],"regression":[235],"equations":[236],"(SURE),":[237],"2":[242],"show":[243],"(1)":[245,341],"borrowing":[246],"constraint":[247],"major":[250],"driving":[251],"force":[252],"results":[253],"toward":[257],"self-financing":[258],"firms,":[261],"(2)":[263,344],"less":[267],"financing-constrained,":[268],"result":[272],"clients.\\nMeanwhile,":[281],"risk":[285,292,332,343,362,386],"perception":[286,333,363],"was":[287],"conducted.":[288],"Investors":[289],"who":[290],"perceive":[291,385],"awareness":[293],"get":[294],"ready":[295],"cope":[297],"uncertainty":[299],"changes":[301],"financial":[304,327],"account.":[305],"Risk":[306],"perception,":[307],"an":[309,396],"extension":[310],"Expected":[313],"Utility":[314],"(EU)":[315],"framework,":[316],"will":[317],"lead":[318],"understanding":[322],"participation":[324],"risky":[326,370,404],"activity.":[328],"evaluation":[330],"carried":[335],"out":[336],"following":[339],"aspects:":[340],"health":[342],"inflation":[345],"pressure":[346],"(3)":[347],"economic":[348,397],"depression.":[349],"A":[350],"binary":[351],"logistic":[352],"model":[353],"employed":[355],"measure":[357],"effect":[359],"these":[361],"factors":[364],"odds":[367],"ratios":[368],"asset":[371,405],"investment.":[372],"people":[376],"nearing":[377],"retirement":[378],"shows":[379],"person\u2019s":[382],"capacity":[383],"surroundings,":[388],"statistical":[392],"sense":[393],"context,":[398],"closely":[400],"share":[406],"pension":[408],"plans.":[409]},"counts_by_year":[],"updated_date":"2026-09-27T08:07:27.782135","created_date":"2016-06-24T00:00:00"}