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Extended payment terms: Good news for global firms

In July 2017, I wrote a widely-read article on extended payment terms stating that extended -- and, arguably, unfair terms -- were not only bad for business but seemed to…

Control, Selectioncredit, payment, payment terms, terms, trade, trade credit

Extended payment terms: who really pays the price?

In tough economic times, businesses large and small look for ways to manage their cash flow more effectively. When money is tight it’s common for firms to seek to widen…

Change, Control, Doingfirms, innovation, payment, payment terms, power, reduce, terms, trade credit

How extended payment terms hurt innovation

An interesting piece of research on how extended payment terms affect suppliers. The authors find that small firms forced to accept extended payment terms reduce their capex and are less…