International payment risk management of private small and medium-sized enterprises from a cultural value perspective: A case study in Zhejiang, China

@article{Zhou2011InternationalPR,
  title={International payment risk management of private small and medium-sized enterprises from a cultural value perspective: A case study in Zhejiang, China},
  author={Jiang Zhou and Yan-yong Hang},
  journal={2011 International Conference on Electronics, Communications and Control (ICECC)},
  year={2011},
  pages={3218-3223}
}
The international financial crisis highlights the payment risk in exporting goods, especially overdue and bad debts by credit risk and transaction exposure by exchange risk. Although risk management against international payment risk has received great attention in both literature and corporate practice, most of them just focus on handling external… CONTINUE READING