PulseExploreJournal ClubResearchersJournals
Instagram
HomeJournal ClubExplore
Synapse
⌘+K
Synapse
August 28, 2026China Accounting and Finance ReviewOpen Access

When nature bites: how biodiversity risk affects trade credit

View Full Paper
Ask AI
Bookmark
Share

Authors

JKJoye Khoo

Discussion

Loading...

Member takes

Overview

Econometric analysis reveals reduced trade credit from suppliers in firms facing high biodiversity risk, highlighting ecological threats to corporate liquidity.

Key Points

  • To investigate the extent to which corporate exposure to biodiversity risk impacts trade credit extended by suppliers and evaluate how market competition and public awareness moderate this effect.
  • Applied empirical econometric modeling to estimate the relationship between firm-level biodiversity risk exposure and trade credit granted by suppliers while controlling for endogeneity.
  • Conducted heterogeneity subsample tests stratified by degree of market competitive pressure and level of corporate public visibility.
  • Firms exposed to higher biodiversity risk experience a significant reduction in trade credit received from suppliers.
  • The curtailment of trade credit is significantly stronger among firms operating in highly competitive markets and those with lower public awareness.

Cite This Study

Joye Khoo (2026) studied this question.

synapsesocial.com/papers/6a914602d15324a1df3a94d4https://doi.org/10.1108/cafr-08-2025-0132
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 4 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Climate change exposure, financial development, and the cost of debt: Evidence from EU countries2024 · 65 citations
  2. 2Wetlands, Flooding, and the Clean Water Act2022 · 78 citations
  3. 3Biodiversity series: The function of biodiversity in the ecology of vector-borne zoonotic diseases2000 · 382 citations
  4. 4Vintage capital and trade credit2023 · 13 citations