The Impact of Financial Leasing on Accounts Receivable: Evidence from China's Equipment Manufacturing Industry

摘要

In this paper, we employ panel data model to discuss the determinants of accounts receivable, and mainly analyze the impact between financial leasing and accounts receivable in China's equipment manufacturing industry. We find that financial leasing has a positive significant impact on accounts receivable. Furthermore, the result also shows that the more specific the firm, the more accounts receivable it has.