The Impact of Brexit Disclosure on Trade Credit

The Financial Reporting Council (FRC) issued guidance for companies regarding the disclosure of significant changes in principal risks. We explore the nexus between Brexit disclosure and trade credit decisions. Our findings suggest a positive relationship between Brexit disclosure and trade credit d...

Full description

Saved in:
Bibliographic Details
Published in:International journal of finance and economics 2024-10
Main Authors: Elmarzouky, Mahmoud, Hussainey, Khaled, Albitar, Khaldoon, Alkaraan, Fadi
Format: Article
Language:English
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The Financial Reporting Council (FRC) issued guidance for companies regarding the disclosure of significant changes in principal risks. We explore the nexus between Brexit disclosure and trade credit decisions. Our findings suggest a positive relationship between Brexit disclosure and trade credit decisions; however, this relationship varies across industries. This variation indicates that UK companies are responsive to regulatory requirements and pressures, undertaking the necessary adjustments to minimize their exposure to Brexit‐related risks.
ISSN:1076-9307
1099-1158
DOI:10.1002/ijfe.3051