Contagion Effect of Associated Credit Risks Embedded in a Interpersonal-Related Supply Chain
Xiaofeng Xie, Xiuying Hu, Kai Xu, Yang Yang, Fengying Zhang
Available Online 12 April 2021.
- https://doi.org/10.2991/aebmr.k.210409.012How to use a DOI?
- Supply chain, interpersonal relationship, portfolio financing, associated credit risk, contagion effect
- Interpersonal relationship is an important factor affecting the contagion of associated credit risk among enterprises in supply chain. Based on the combination financing channels of bank credit and trade credit, this paper considers the interpersonal relationship between managers in supply chain enterprises, on the basis of revealing the contagion mechanism of associated credit risk in the supply chain under interpersonal relationship and constructing the contagion intensity model, we analyze the influence of interpersonal relationship on the contagion effect of associated credit risk in the supply chain. Combined with the simulation analysis, it is found that interpersonal relationship negatively affects the contagion intensity of associated credit risks in the supply chain, and the level of trade credit and the loan-to-demand ratio of commercial bank negatively regulate the influence of interpersonal relationship on the internal and external financing costs of enterprises in the supply chain.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Xiaofeng Xie AU - Xiuying Hu AU - Kai Xu AU - Yang Yang AU - Fengying Zhang PY - 2021 DA - 2021/04/12 TI - Contagion Effect of Associated Credit Risks Embedded in a Interpersonal-Related Supply Chain BT - Proceedings of the 9th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2020) PB - Atlantis Press SP - 81 EP - 86 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210409.012 DO - https://doi.org/10.2991/aebmr.k.210409.012 ID - Xie2021 ER -