Date of Publication :3rd July 2024

Abstract: The paper examines the effect of peer firm decisions with regard to financial policies. Using data on NSE listed firms of oil and Petro chemical industry for the period 2013 to 2022, we document strong evidence of peer influence on trade credit provision. The result results are obtained by 2SLS after using alternative trade measures and addressing the concerns of endogeneity. The basic vital ratios are also addressed to get an overall understating of the industry.

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