Shilla University (President Heo Nam-sik) Department of Business Administration announced on the 15th that Professor Kim Woo-sung's research paper, ‘Trade credit and firm value in business groups: evidence from Korea,’ has been published in the Asia-Pacific Journal of Accounting & Economics.


Professor Kim Woo-sung of Shilla University's Department of Business Administration conducted an empirical analysis study on 'The impact of trade credit (accounts receivable) on firm value, focusing on Korean chaebol groups,' in collaboration with Professors Lee Sang-hoon, Lee Geun-jung, and Park Geun-soo from overseas universities (China, Vietnam, Uzbekistan, etc.).


The paper by Professor Kim, which contains the results of this study, was published in the SSCI-indexed journal Asia-Pacific Journal of Accounting & Economics, and is expected to provide useful information for establishing trade credit policies for Korean business groups.



Professor Kim Woo-sung said, “I hope this paper published in the academic journal will greatly assist corporate financial decision-making,” and added, “I will do my best in research and education to share the research outcomes with business administration students so that they can gain broader insights.”

Professor Kim Woosung, Department of Business Administration, Silla University

Professor Kim Woosung, Department of Business Administration, Silla University

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