Success Factors of Export Financing under the Buyer’s Credit Scheme

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F16%3A00302454" target="_blank" >RIV/68407700:21110/16:00302454 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Success Factors of Export Financing under the Buyer’s Credit Scheme

Popis výsledku v původním jazyce

Buyer’s credit is a very useful mode of exporting in international construction especially in relation to extensive infrastructure projects. Large projects usually require substantial amounts of liquidity provided by banks. Importers seldom have enough own resources to cover the entire capital expenditures, while only few exporters have the capacity to provide credits to their buyers. The concept usually requires the participation of financial institutions on the exporter’s as well as the importer’s side. Many contractors still fail in their exporting attempts at the very beginning, due to the shortage of experience in this matter. Based on the literature review, foregoing research and exploratory interviews with trade finance specialists, the list of seven factors contributing to a successful project execution under the buyer’s credit scheme was compiled. This research analyses and compares the perceptions of Czech and German export finance practitioners. Research findings were derived from their empirical evaluation collected through structured questionnaires. For the purposes of this research, quantitative methodology was adopted. The main objective of this study is to prioritize these factors, increase their understanding and provide a route map to exporters considering the application of this advanced financing scheme. The authors argue that there are only minor differences between the perceptions of Czech and German exporters.

Název v anglickém jazyce

Success Factors of Export Financing under the Buyer’s Credit Scheme

Popis výsledku anglicky

Buyer’s credit is a very useful mode of exporting in international construction especially in relation to extensive infrastructure projects. Large projects usually require substantial amounts of liquidity provided by banks. Importers seldom have enough own resources to cover the entire capital expenditures, while only few exporters have the capacity to provide credits to their buyers. The concept usually requires the participation of financial institutions on the exporter’s as well as the importer’s side. Many contractors still fail in their exporting attempts at the very beginning, due to the shortage of experience in this matter. Based on the literature review, foregoing research and exploratory interviews with trade finance specialists, the list of seven factors contributing to a successful project execution under the buyer’s credit scheme was compiled. This research analyses and compares the perceptions of Czech and German export finance practitioners. Research findings were derived from their empirical evaluation collected through structured questionnaires. For the purposes of this research, quantitative methodology was adopted. The main objective of this study is to prioritize these factors, increase their understanding and provide a route map to exporters considering the application of this advanced financing scheme. The authors argue that there are only minor differences between the perceptions of Czech and German exporters.

Druh

D - Stať ve sborníku

CEP obor

JN - Stavebnictví

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Creative Construction Conference 2016

ISBN

978-615-5270-24-6

ISSN

—

e-ISSN

—

Počet stran výsledku

6

Strana od-do

329-334

Název nakladatele

Diamond Congress Kft.

Místo vydání

Budapest

Místo konání akce

Budapest

Datum konání akce

25. 6. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

—