Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)

The Impact of Supplier Concentration on Credit Spreads in Corporate Bond Two Tier Market

Authors
Li Sun, Tao Li
Corresponding Author
Li Sun
Available Online December 2018.
DOI
https://doi.org/10.2991/febm-18.2018.30How to use a DOI?
Keywords
Supplier concentration; Company debt credit margin; Risk
Abstract

The degree of supplier concentration has both benefit and risk effects. It is an important issue to discuss how to interpret the bond spreads of bonds in the two level market. In this paper, we use the study of corporate debt data in the two level market for 2009-2016 years in China. It is found that the degree of supplier concentration improves the bond credit margin, indicating that the overall degree of supplier concentration has a risk effect on the bond investors. For the first time, this paper explores the interpretation of the degree of supplier concentration by bond investors, which helps enrich the relevant literature in the field of suppliers and bonds.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2018
ISBN
978-94-6252-623-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/febm-18.2018.30How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Li Sun
AU  - Tao Li
PY  - 2018/12
DA  - 2018/12
TI  - The Impact of Supplier Concentration on Credit Spreads in Corporate Bond Two Tier Market
BT  - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
PB  - Atlantis Press
SP  - 127
EP  - 130
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-18.2018.30
DO  - https://doi.org/10.2991/febm-18.2018.30
ID  - Sun2018/12
ER  -