Retail Companies Default Drivers

Student: Aleshko Ivan

Educational Programme: Financial Markets and Financial Institutions (Master)

Year of Graduation: 2018

In this dissertation, we find the relationship between the determinants, the volume of commercial credit and the probability of default on current liabilities. Our research is based on companies from retail from different countries from 2008 to 2017. The results of this work will be of interest to companies from retail. They will help them in the formation of their commercial policies in order to effectively use their resources and minimize the probability of default. In addition, this work will be useful to manufacturing companies that supply retailers with their products. From this paper, we can conclude whether it is worthwhile to give the retailer a deferred payment, and if so, what will be the size of this postponement.

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