Contagion Effect of Associated Credit Risks Embedded in a Interpersonal-Related Supply Chain

DOI

10.2991/aebmr.k.210409.012How to use a DOI?

Keywords

Supply chain, interpersonal relationship, portfolio financing, associated credit risk, contagion effect

Abstract

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.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - 10.2991/aebmr.k.210409.012
ID  - Xie2021
ER  -