| Title |
Kredito rizikos valdymo įmonėse problemos ir jų sprendimo būdai / |
| Translation of Title |
Problems of credit risk management in companies and means of their solution. |
| Authors |
Jasienė, Meilutė ; Laurinavičius, Antanas |
| DOI |
10.3846/1648-0627.2009.10.15-29 |
| Full Text |
|
| Is Part of |
Verslas : teorija ir praktika / Vilniaus Gedimino technikos universitetas.. Vilnius : Technika. 2009, t. 10, Nr. 1, p. 15-29.. ISSN 1648-0627 |
| Keywords [eng] |
Supplier credit ; Credit risk ; Delays of payments ; Payment terms ; Loss |
| Abstract [eng] |
And the measures of credit risk management – as the results of the conducted research indicate – help to deal with both payment delays and losses related to bad debts. The best way to minimize delays is the use of credit insurance, suretyship and factoring because those measures involve third party into the settlement process. Thus, the „settlement discipline“, when the debtor knows that the creditor, having not received the payment in due time, may apply for the settlement to the third party, namely to the insurer, surety or factor, is created. The results of the research on credit risk management in Lithuanian building materials trading companies allow to identify the companies attributed to the lower risk group that could be held as an example to other companies and produce recommendations how to ensure a more effective risk management. |
| Published |
Vilnius : Technika |
| Type |
Journal article |
| Language |
Lithuanian |
| Publication date |
2009 |
