Mandatory corporate social responsibility and provision of trade credit: Evidence from India |
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Authors: | Nufazil Altaf |
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Affiliation: | Department of Humanities, Social Sciences and Management, NIT Srinagar, Srinagar, India |
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Abstract: | The relationship between corporate social responsibility and trade credit is investigated in this study via the trust (direct) and cash holding (indirect) channels. We discovered that corporate social responsibility and trade credit are strongly correlated, lending support to the trust channel. We also find evidence for the indirect route; particularly, enterprises with high CSR have high cash holdings, which are associated with less trade credit. |
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Keywords: | cash holding corporate social responsibility trade credit trust |
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