All Outputs (10)

Political affiliation, cash flow volatility, and debt maturity in China (2023)
Journal Article
Caglayan, M., Mateut, S., & Zanchettin, P. (2023). Political affiliation, cash flow volatility, and debt maturity in China. British Accounting Review, Article 101299. https://doi.org/10.1016/j.bar.2023.101299

Using a large dataset with over half a million observations for 161 thousand Chinese firms, we examine the role of political affiliation on the debt maturity of firms experiencing varying levels of financial volatility. Our findings indicate that pol... Read More about Political affiliation, cash flow volatility, and debt maturity in China.

Shock transmissions and business linkages among US sectors (2022)
Journal Article
Nguyen, L. X. D., Chevapatrakul, T., & Mateut, S. (2023). Shock transmissions and business linkages among US sectors. Annals of Operations Research, 330(1-2), 517-552. https://doi.org/10.1007/s10479-022-04979-8

This paper examines the shock spillovers between US sectors and their dependence on the intersectoral business linkages. Our forecast error variance decompositions reveal significant shock transmissions among trading sectors, especially in turbulent... Read More about Shock transmissions and business linkages among US sectors.

Business-Linkage Volatility Spillovers Between US Industries (2019)
Journal Article
Xuan, L., Nguyen, D., Mateut, S., & Chevapatrakul, T. (2020). Business-Linkage Volatility Spillovers Between US Industries. Journal of Banking and Finance, 111, Article 105699. https://doi.org/10.1016/j.jbankfin.2019.105699

We examine the volatility transmission across industries and its dependence on the inter-industry business linkages. Our analysis reveals significant cross-industry volatility spillovers, which are clearly associated with the strength of the trade re... Read More about Business-Linkage Volatility Spillovers Between US Industries.

Customer financing, bargaining power and trade credit uptake (2018)
Journal Article
Mateut, S., & Chevapatrakul, T. (2018). Customer financing, bargaining power and trade credit uptake. International Review of Financial Analysis, 59, 147-162. https://doi.org/10.1016/j.irfa.2018.07.004

We investigate the impact of well-established trade credit theories on different parts of the distribution of trade credit taken by firms. Our results suggest that the trade credit – bank loans substitution increases at the higher trade credit quanti... Read More about Customer financing, bargaining power and trade credit uptake.

Foreign currency borrowing, exports and firm performance: evidence from a currency crisis (2018)
Journal Article
Bougheas, S., Lim, H., Mateut, S., Mizen, P., & Yalcin, C. (2018). Foreign currency borrowing, exports and firm performance: evidence from a currency crisis. European Journal of Finance, 24(17), 1649-1671. https://doi.org/10.1080/1351847x.2017.1421246

This paper develops a simple signaling model of foreign currency borrowing that yields predictions about firm survival and performance during a currency crisis. Using a large panel of firm level data for South Korea we offer empirical support for man... Read More about Foreign currency borrowing, exports and firm performance: evidence from a currency crisis.

Subsidies, financial constraints and firm innovative activities in emerging economies (2017)
Journal Article
Mateut, S. (in press). Subsidies, financial constraints and firm innovative activities in emerging economies. Small Business Economics, 50(1), https://doi.org/10.1007/s11187-017-9877-3

This paper investigates the relationship between public subsidies and firm innovation in emerging economies, which are likely to have less developed financial markets. Innovation includes the introduction of new products or services and the upgrade o... Read More about Subsidies, financial constraints and firm innovative activities in emerging economies.

Inventory composition and trade credit (2015)
Journal Article

This empirical paper uses a panel of about half a million observations for French firms across economic sectors to investigate how the type of inventories can affect firms' incentives to use trade credit. We find evidence that trade credit extended i... Read More about Inventory composition and trade credit.

Reverse trade credit or default risk? Explaining the use of prepayments by firms (2014)
Journal Article
Mateut, S. (2014). Reverse trade credit or default risk? Explaining the use of prepayments by firms. Journal of Corporate Finance, 29, 303-326. https://doi.org/10.1016/j.jcorpfin.2014.09.009

Should they stay or should they go? Attitudes towards immigration in Europe (2014)
Journal Article
Bridges, S., & Mateut, S. (2014). Should they stay or should they go? Attitudes towards immigration in Europe. Scottish Journal of Political Economy, 61(4), https://doi.org/10.1111/sjpe.12051

This paper examines the main determinants of individual attitudes towards immigration in Europe. Our results suggest that both economic and non-economic variables shape attitudes towards immigration, but the relative importance of these factors depen... Read More about Should they stay or should they go? Attitudes towards immigration in Europe.

External finance and trade credit extension in China: does political affiliation make a difference? (2013)
Journal Article
Guariglia, A., & Mateut, S. (2016). External finance and trade credit extension in China: does political affiliation make a difference?. European Journal of Finance, 22(4-6), 319-344. https://doi.org/10.1080/1351847X.2012.762030

© 2013 Taylor & Francis. Using a dataset of 65,706 Chinese firms over the period 2000–2007, we show that politically affiliated firms benefit from easier access to short-term external finance and extend more trade credit than their non-affiliated c... Read More about External finance and trade credit extension in China: does political affiliation make a difference?.