Payment discipline depends on management ethics
研究基于273家斯洛文尼亚企业数据,发现管理伦理水平越高,企业平均支付延迟天数越少,对关注供应链金融和商业道德的管理者具有参考价值。
The main aim of the study was to identify if management ethics have a positive impact on payment discipline. Our sample includes 273 Slovene enterprises, which represent 9.1% of 2978 Slovenian enterprises with 10 or more employees, selected from the database of the Slovenian rating agency I d.o.o. To determine management ethics, we used the Corporate Ethical Virtues measurement instrument questionnaire. The data concerning average late payments were also obtained from the database the Slovenian rating agency I d.o.o. We conducted a factor analysis using the enter method. We confirmed that the influence of management ethics have a positive impact on average payment delays expressed in days.