TY - GEN AU - Pindado, Julio AU - Bastos, Rafael Rabelo PY - 2005 UR - http://hdl.handle.net/10366/75203 AB - [EN]This article proposes an agency model to explain the trade credit offer to clients. Our model is based on the existence of asymmetric information between sellers and buyers, which results in the appearance of two phenomena known as adverse... AB - This article proposes an agency model to explain the trade credit offer to clients. Our model is based on the existence of asymmetric information between sellers and buyers, which results in the appearance of two phenomena known as adverse selection... LA - Español PB - Universidad de Salamanca (España). Facultad de Economía y Empresa KW - Economía de la información KW - Information Management KW - Ética KW - Ethics KW - Licencias de emisión transferibles KW - Emissions trading KW - Code JEL: G30 TI - An agency model for trade credit policy ER -