The economic activity of any entity generates a complex, diverse and fluctuating system of economic and legal relations with services beneficiaries, product buyers, staff, the state budget, other ...legal entities and individuals. The relationships established in order to achieve the object of activity lead, due to the time gap in the fulfillment of financial obligations, to the appearance of receivables. This paper highlights the concept of receivables through the synthesis of literature, but also the bibliometric analysis, which allows for a clear picture of the extent and quality of scientific research in the direction of the analyzed issue, that is, accounting and receivables analysis. Likewise, the paper sheds light on the importance of the analysis of receivables, having as "raw material" financial-accounting information, or, the adequate management of the size, structure and maturity terms of the entity's receivables will lead to its prosperity.
Purpose: To discover the legal implications of transferring receivables (cessie) without notification to the debtor.
Theoretical framework: The foundation for building a theoretical framework is ...the content of personal finance knowledge in this study, including (i) creditors (cedent), (ii) debtors (cessus), and (iii) credit agreements.
Methods: The research method is that the literature applied to the data normatively consists of primary, secondary, and tertiary legal materials sourced from laws and regulations and relevant literature, which will be described and analyzed systematically. Household heads, as well as secondary data collected from respondents' profiles.
Results and conclusions: The research results were based on Decision Number.127/Pdt.G/2020/ PN.Mks, there had been a transfer of receivables from Co-Defendant I as the old creditor to the plaintiff as the new creditor, which was carried out without the consent of the Defendant as the debtor resulting in legal problems. The transfer of receivables with a cessie mechanism is regulated in Article 613 of the Civil Code, which stipulates that such a handover for the debtor (the debtor) has no consequences except after the handover is notified to him or approved in writing or acknowledged by him.
In the process of carrying out economic activities, each entity engages with various business partners, governmental bodies, personnel, and others. Consequently, the relationships formed often result ...in the emergence of receivables, owing to the time delay in meeting financial obligations related to the sale of economic goods or the provision of advances. The main objective of this research is to comprehensively examine the theoretical aspects related to the concept of accounts receivable, including their definition, classification, and regulation. Additionally, it aims to analyze the normative framework at both the national and international levels, considering economic and legal perspectives. Furthermore, this study encompasses an assessment of scientific productivity, the impact of scientific research, trending topics, and other aspects through bibliometric analysis. It's worth noting that the current market conditions underscore the significance of this research topic, where economic agents have the ability to choose their market and business partners. In this context, accounts receivable play a pivotal role in reflecting the economic and financial situation of both parties involved.
Working capital balances and financial policy Flannery, Mark J.; Öztekin, Özde
Journal of corporate finance (Amsterdam, Netherlands),
August 2024, 2024-08-00, Letnik:
87
Journal Article
Recenzirano
A firm's working-capital account balances demonstrate substantial connections with its financial policy. Receivables and inventories are associated with lower asset volatility and higher future cash ...flow, and correlate with increased leverage. Conversely, payables show a positive association with shareholder return volatility and a negative correlation with future cash flow and are linked to decreased debt levels. In dynamic panel regressions estimated with system Generalized Method of Moments (GMM), a one standard-deviation increase in payables (receivables) is associated with a 0.42 (0.66) standard-deviation decrease (increase) in leverage. Furthermore, higher levels of inventories and receivables are linked with higher firm credit ratings, along with a preference for debt financing over equity issuance, while increased payables are linked with lower credit ratings and a tendency to favor equity financing over debt financing. The QuickPay regulatory shock, expediting payments and reducing receivables' volume and quality, diminished their collateral role and lowered debt sensitivity to receivables.
Redução de risco no crédito com duplicatas Bonelli, Matheus Fortes; Schiozer, Rafael Felipe; De Vasconcelos, Lucas Nogueira Cabral
Revista Brasileira de Finanças,
06/2021, Letnik:
19, Številka:
2
Journal Article
Recenzirano
Odprti dostop
Esse estudo investiga o risco de crédito com duplicatas no Brasil. Usamos dados proprietários de uma central de registros de recebíveis que permitem a consulta de informações sobre o documento fiscal ...das transações comerciais junto às Secretarias de Fazenda estaduais. Analisamos 129 mil notas fiscais eletrônicas (NF-e) de 3.459 empresas, que realizaram operações com 240 agentes financeiros, no valor total de R$633 milhões. Usamos 10 tipos de eventos relativos às NF-e, seu valor e prazo de envio ao agente financeiro para identificar determinantes do posterior cancelamento dessas NF-e. Os resultados sugerem que essas variáveis estão associadas à probabilidade de cancelamento da NF-e e, portanto, à qualidade do recebível como colateral. Esses indicadores podem ser integrados aos processos de concessão de crédito dos agentes financeiros como forma de avaliar o risco der crédito, reduzir a necessidade de garantias adicionais, aumentar o volume de crédito ofertado e permitir a melhor precificação dos empréstimos.
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