Curtailing Bank Loan and Loan Insurance Under Risk Regulations in Supply Chain Finance

References

• Babich V (2010) Independence of capacity ordering and financial subsidies to risky suppliers. Manufacturing Service Oper. Management 12(4):583–607.Link, Google Scholar
• Berman O, Sanajian N (2012) Do shareholders really prefer their executives to maximize the equity value? A newsvendor case. Decision Sci. 43(3):395–436.Crossref, Google Scholar
• Buzacott J, Zhang R (2004) Inventory management with asset-based financing. Management Sci. 50(9):1274–1292.Link, Google Scholar
• Cachon G (2003) Supply chain coordination with contracts. Handbooks in Operations Research and Management Science: Supply Chain Management (North-Holland, Amsterdam), 48–53.Crossref, Google Scholar
• Cai G, Chen X, Xiao Z (2014) The roles of bank and trade credits: Theoretical analysis and empirical evidence. Production Oper. Management 23(4):583–598.Crossref, Google Scholar
• Caillaud B, Dionne G, Jullien B (2000) Corporate insurance with optimal financial contracting. Econom. Theory 16(1):77–105.Crossref, Google Scholar
• Chang J (2021) 63 crucial small business statistics for 2021/2022: Data analysis & projections. FinancesOnline Reviews for Business. Accessed May 2, 2021, https://financesonline.com/crucial-small-business-statistics/.Google Scholar
• Dada M, Hu Q (2008) Financing newsvendor inventory. Oper. Res. Lett. 36(5):569–573.Crossref, Google Scholar
• Deng S, Gu C, Cai G, Li Y (2018) Financing multiple heterogeneous suppliers in assembly systems: Buyer finance vs. bank finance. Manufacturing Service Oper. Management 20(1):53–69.Link, Google Scholar
• Dong L, Tomlin B (2012) Managing disruption risk: The interplay between operations and insurance. Management Sci. 58(10):1898–1915.Link, Google Scholar
• Dreyer M, Nygaard K (2020) Countries continue to adopt and update credit guarantee schemes for small business lending. Accessed May 4, 2021, https://som.yale.edu/blog/countries-continue-to-adopt-and-update-credit-guarantee-schemes-for-small-business-lending.Google Scholar
• Export Finance Norway (2021) Norwegian gas cylinders capture the Uruguayan domestic market. Accessed March 23, 2022, https://www.eksfin.no/en/cases/uncategorized/norwegian-gas-cylinders-capture-the-uruguayan-domestic-market/.Google Scholar
• FHC Advisory (2021) Government-assisted schemes. Accessed June 25, 2021, http://fhcadvisory.com/government-assisted-schemes.html.Google Scholar
• Green A (2003) Credit Guarantee Schemes for Small Enterprises: An Effective Instrument to Promote Private Sector-Led Growth? (UNIDO, Programme Development and Technical Cooperation Division).Google Scholar
• Heidelberger (2022) Export credit insurance. Accessed March 12, 2022, https://www.heidelberg.com/global/en/services_and_consumables/financing/financial_services/financial_services_overview.jsp.Google Scholar
• Horn H, Wolinsky A (1988) Bilateral monopolies and incentives for merger. RAND J. Econom. 19(3):408–419.Crossref, Google Scholar
• Jing B, Chen X, Cai G (2012) Equilibrium financing in a distribution channel with capital constraint. Production Oper. Management 21(6):1090–1101.Crossref, Google Scholar
• Jorion P (2007) Value at Risk: The New Benchmark for Managing Financial Risk, 3rd ed. (McGraw-Hill, New York).Google Scholar
• Kliger D, Levikson B (1998) Pricing insurance contracts—An economic viewpoint. Insurance Math. Econom. 22(3):243–249.Crossref, Google Scholar
• Kouvelis P, Zhao W (2011) The newsvendor problem and price-only contract when bankruptcy costs exist. Production Oper. Management 20(6):921–936.Crossref, Google Scholar
• Kouvelis P, Zhao W (2012) Financing the newsvendor: Supplier vs. bank, and the structure of optimal trade credit contracts. Oper. Res. 60(3):566–580.Link, Google Scholar
• Lai G, Debo L, Sycara K (2009) Sharing inventory risk in supply chain: The implication of financial constraint. Omega 37(4):811–825.Crossref, Google Scholar
• Lariviere M, Porteus E (2001) Selling to the newsvendor: An analysis of price-only contracts. Manufacturing Service Oper. Management 3(4):293–305.Link, Google Scholar
• Machnes Y (1995) Deductible insurance and production. Insurance Math. Econom. 17(2):119–123.Crossref, Google Scholar
• Modigliani F, Miller M (1958) The cost of capital, corporation finance and the theory of investment. Amer. Econom. Rev. 48(3):261–297.Google Scholar
• Mudge D, Wee L (1993) Truer to type. Risk 12:16–19.Google Scholar
• Serpa J, Krishnan H (2017) The strategic role of business insurance. Management Sci. 63(2):384–404.Link, Google Scholar
• Shang W, Cai G (2022) Implications of price matching in supply chain negotiation. Manufacturing Service Oper. Management 24(2):1074–1090.Link, Google Scholar
• Tang C, Yang S, Wu J (2018) Sourcing from suppliers with financial constraints and performance risk. Manufacturing Service Oper. Management 20(1):70–84.Link, Google Scholar
• Thiha (2014) No buyers for credit guarantee insurance. Accessed December 8, 2014, https://www.consult-myanmar.com/2014/12/08/no-buyers-for-credit-guarantee-insurance/.Google Scholar
• Wang Y (2014) Solving the financing difficulties of small and micro enterprises, the “insurance+credit” model has a long way to go. 21st Century Business Herald. Accessed September 9, 2020, https://finance.sina.com.cn/money/insurance/bxdt/20140825/072720107718.shtml.Google Scholar
• Xu X, Birge J (2008) Operational decision, capital structure, and managerial compensation: A newsvendor perspective. Engrg. Econom. 53(3):173–196.Crossref, Google Scholar
• Yan T (2013) The federal reserve board approved Basel III. China Business Network. Accessed July 3, 2013, http://business.sohu.com/20130703/n380560968.shtml.Google Scholar
• Yang L, Cai G, Chen J (2018) Push, pull, and supply chain risk-averse attitude. Production Oper. Management 27(8):1534–1552.Crossref, Google Scholar
• Yang SA, Bakshi N, Chen CJ (2021) Trade credit insurance: Operational value and contract choice. Management Sci. 67(2):875–891.Link, Google Scholar
• Zhang Y, Huang S, Yang S (2019) Financing inventory under bank capital regulation and seller orchestration. Working paper, Tsinghua University, Beijing.Google Scholar
• Zhou W, Lin T, Cai G (2020) Guarantor financing in a four-party supply chain game with leadership influence. Production Oper. Management 29(9):2035–2056.Crossref, Google Scholar