| dc.description.abstract | Trade credit plays an important role in short-term financing of firms. Therefore, many studies have examined to determinant this factor in various market like American and some European countries. But most of the researches have performed in developed countries which have different condition with developing countries like Viet Nam. The lack of researches make an effort for this research aims to determinant trade credit in Viet Nam economics. This research examines on sample of 64 manufacturing firms in Ho Chi Minh Stock Exchange from 2010 to 2014. Trade credit is determined with five main variables: Loans, Financial Cost, Profit, Growth and Creditworthiness. And outcome of this research has proved an important relationship of trade credit and bank loans, which is the substitution relation. Moreover, using trade credit make a positive effect on firm profit and growth but the level also depends on creditworthiness of those firms. | en_US |
