Theoretical and empirical evidence of the influence of economic linkages on stock returns
Inter-linkages between suppliers and customers are a channel by which shocks can spread between firms. When firms buy and sell intermediate goods from one another, they may rely on each other for the supply of input goods or for cash-flow from sales. This is a problem because financially distressed...
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University of Cambridge
2013
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.569803 |