期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2014
卷号：14
期号：1
语种：English
出版社：Ovidius University Press
摘要：Access to finance remains one of the fundamental problems of Romanian companies,influencing the continuity of their economic activity and determining the maintenance of their long term commercial relationships. This paper aims to reflect the links and influences between business cycle and lending relationship,focusing on difficulties and constraints that appear in a debtorcreditor partnership. The credit market is seen from the perspective of principal-agent theory and the channels of risk between the financial sector and the real sector are judged from the financial accelerator perspective.
