====== Pedro Martínez-Solano ====== ==== Publications ==== - Baños-Caballero, C, García-Teruel, P. J. and Martínez-Solano, P. (2023). [[https://www.sciencedirect.com/science/article/pii/S1044028323000297?via%3Dihub|Trade credit, creditor protection, and banking crises]], **Global Finance Journal**, 57, 100834. https://doi.org/10.1016/j.gfj.2023.100834 - Díaz-Díaz, N. L., García-Teruel, P. J., Martínez-Solano, P. (2023). [[https://onlinelibrary.wiley.com/doi/epdf/10.1111/acfi.13013|Private family firms, generations and bank debt]], **Accounting and Finance**, 63 (3), pp. 3043-3075. https://doi.org/10.1111/acfi.13013 - Baños-Caballero, C, García-Teruel, P. J. and Martínez-Solano, P. (2021) [[https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3761854|The speed of adjustment in net operating working capital: and international study]], **Spanish Journal of Finance and Accounting**, 50 (4), pp. 423-440. https://doi.org/10.1080/02102412.2020.1864176. - Baños-Caballero, S., García-Teruel, P. J., Martínez-Solano, P. (2020), [[https://journals.sagepub.com/doi/full/10.1177/2340944420941464|Net operating working capital and firm value: A cross-country analysis]], **Business Research Quarterly**, 23 (3), pp 234-251. https://doi.org/10.1177/2340944420941464 - Martínez-Sola, C, García-Teruel, P. J. and Martínez-Solano, P. (2018), {{martinez-sola_et_al._sbej_2018_vol_51_4_823-842.pdf|Cash holdings in SMEs: speed of adjustment, growth and financing}}, **Small Business Economics**, 51(4), pp 823–842. https://doi.org/10.1007/s11187-018-9990-y - Martínez-Sola, C, García-Teruel, P. J. and Martínez-Solano, P. (2017), [[https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2986860|SMEs access to finance and the value of supplier financing]], **[[https://www.tandfonline.com/doi/full/10.1080/02102412.2017.1345196|Spanish Journal of Finance and Accounting]]**, 46(4), pp. 455-483. https://doi.org/10.1080/02102412.2017.1345196 - Díaz-Díaz, N. L., García-Teruel, P. J., Martínez-Solano, P. (2016), {{diaz-diaz_et_al._jcf_2016_vol_37-393-411.pdf|Debt maturity structure in private firms: Does the family control matter?}}, **Journal of Corporate Finance**, 37, pp. 393-411. https://doi.org/10.1016/j.jcorpfin.2016.01.016 - Baños Caballero, S., García-Teruel, P. J., Martínez-Solano, P. (2016), {{banos-caballero_et_al._jbem_2016_vol_17-1189-1204.pdf|Financing working capital requirement, financial flexibility and SME performance}}, **Journal of Business Economics and Management**, 17 (6), pp. 1189-1204.http://dx.doi.org/10.3846/16111699.2015.1081272 - Miñarro-Gómez, J., Hernández-Cánovas, G., Martínez-Solano, P. (2016), [[https://journals.ucjc.edu/ubr/article/view/1671/1898|The effects of Mutual Guarantee Societies on the SME's Debt]], **Universia Business Review**, No. 50, pp. 38-53. DOI: 10.3232/UBR.2016.V13.N2.02 - García-Teruel, P. J., Martínez-Solano, P., and Sánchez-Ballesta, J. P. (2014), {{garcia-teruel_et_al._jbfa_2014_vol_41-1193-1211.pdf|Supplier financing and earnings quality}}, **Journal of Business Finance and Accounting**, 41(9) & (10), pp. 1193-1211. https://doi.org/10.1111/jbfa.12090. - Martínez-Sola, C, García-Teruel, P. J. and Martínez-Solano, P. (2014), {{martinez-sola_et_al._sbej_2014_vol_42-561-577.pdf|Trade credit and SMEs profitability}}, **Small Business Economics**, 42 (3), 561–577. https://doi.org/10.1007/s11187-013-9491-y - García-Teruel, P. J., Martínez-Solano, P., and Sánchez-Ballesta, J. P. (2014), {{garcia-teruel_et_al._jbf_2014_vol_38-186-193.pdf|The role of accruals quality in the access to bank debt}}, **Journal of Banking and Finance**, 38 (1), 186-193. https://doi.org/10.1016/j.jbankfin.2013.10.003 - Baños-Caballero, S, García-Teruel, P. J. and Martínez-Solano, P. (2014), {{banos-caballero_et_al._jbr_2014_vol_67-332-338.pdf|Working Capital Management, Corporate Performance, and Financial Constraints}}, **Journal of Business Research**, 67 (3), 332-338. https://doi.org/10.1016/j.jbankfin.2013.10.003 - Baños-Caballero, S, García-Teruel, P. J. and Martínez-Solano, P. (2013),{{banos-caballero_et_al._ejf_2013_vol_19_978_992.pdf|The speed of adjustment in working capital requirement}}, **European Journal of Finance**, 19 (10), 978-992. https://doi.org/10.1080/1351847X.2012.691889 - Martínez-Sola, C, García-Teruel, P. J. and Martínez-Solano, P. (2013), {{martinez-sola_et_al._a_f_2013_vol_53-791-808.pdf|Trade credit policy and firm value}}, **Accounting and Finance**, 53 (3), 791–808. https://doi.org/10.1111/j.1467-629X.2012.00488.x - Martínez-Sola, C., García-Teruel, P. J. and Martínez-Solano, P. (2013), {{martinez-sola_et_al._ae_2013_vol_45-161-170.pdf|Corporate cash holdings and firm value}}, **Applied Economics**, 45:2, 161-170. http://dx.doi.org/10.1080/00036846.2011.595696 - Baños-Caballero, S., García-Teruel, P. J. and Martínez-Solano, P. (2012), {{banos-caballero_et_al._sbej_2012_vol_39-517-529.pdf.pdf|How does working capital management affect Spanish SMEs profitability?}}, **Small Business Economics**, 39 (2), 517-531. https://doi.org/10.1007/s11187-011-9317-8 - García Teruel, P. J., Martínez Solano, P., and Sánchez Ballesta, J. P. (2010), {{garcia-teruel_et_al._abacus_2010_vol_46-188-210.pdf|Accruals quality and debt maturity structure}}, **Abacus**, 46 (2), 188-210. https://doi.org/10.1111/j.1467-6281.2010.00312.x - García-Teruel, P. J. and Martínez-Solano, P. (2010), {{garcia-teruel_martinez_solano_rqfa_2010_vol_35-473-491.pdf|Ownership structure and debt maturity: new evidence from Spain}}, **Review of Quantitative Finance and Accounting**, 35 (4), 473-491. https://doi.org/10.1007/s11156-009-0115-1 - Baños-Caballero, S., García-Teruel, P. J. and Martínez-Solano, P. (2010), {{banos-caballero_et_al._a_f_2010_vol_50-511-527.pdf|Working capital management in SMEs}}, **Accounting and Finance**, 50 (3), 511-527. https://doi.org/10.1111/j.1467-629X.2009.00331.x - García Teruel, P. J. and Martínez Solano, P. (2010), {{garcia-teruel_martinez-solano_isbj_2010_vol_28-215-233.pdf|Determinants of trade credit: A comparative study of European SMEs}}, **International Small Business Journal**, 28 (3), 215-233. https://doi.org/10.1177/0266242609360603 - García Teruel, P. J. and Martínez Solano, P. (2010), {{garcia-teruel_martinez-solano_efm_2010_vol_16-400-421.pdf|A dynamic approach to accounts receivable: A study for Spanish SMEs}}, **European Financial Management**, 16 (3), 400-421. https://doi.org/10.1177/0266242609360603 - Hernández Cánovas, G. and Martínez Solano, P. (2010), {{hernandez-canovas_martinez-solano_sbe_2010_vol_34-465_482.pdf|Relationship lending and SME financing in the continental European bank-based system}}, **Small Business Economics**, 34 (4), 465-482. https://doi.org/10.1007/s11187-008-9129-7 - García-Teruel, P. J. and Martínez-Solano, P. (2010), {{garcia-teruel_martinez_solano_rqfa_2010_vol_34-439-457.pdf|A dynamic perspective on the determinants of accounts payable}}, **Review of Quantitative Finance and Accounting**, 34 (4), 439-457. https://doi.org/10.1007/s11156-009-0124-0 - Martínez Solano, P.; Yaüe Guirao, José and López Martínez, F. (2009), {{martinez-solano_et_al._ejf_2009_vol_15-119-136.pdf|Asset securitization: effects on value of banking institutions}}, **European Journal of Finance** 15 (1), 119-136. https://doi.org/10.1080/13518470802466188 - García Teruel, P. J., Martínez Solano, P., and Sánchez Ballesta, J. P. (2009), {{garcia-teruel_et_al._a_f_2009_vol_49-95-115.pdf|Accruals quality and corporate cash holding}}, **Accounting and Finance** 49 (1), 95-115. https://doi.org/10.1111/j.1467-629X.2008.00276.x - García Teruel, P. J. and Martínez Solano, P. (2008), {{garcia-teruel_martinez-solano_jbfa_2008_vol_35-127-149.pdf|On the determinants of SME cash holding: Evidence from Spain}}, **Journal of Business Finance and Accounting** 35 (1-2), 127-149. https://doi.org/10.1111/j.1468-5957.2007.02022.x - García Teruel, P. J. and Martínez Solano, P. (2007), {{garcia-teruel_martinez-solano_isbj_2007_vol_25-579-602.pdf|Short-Term Debt in Spanish SMEs}}, **International Small Business Journal** 25 (6), 579-602. https://doi.org/10.1177/0266242607082523 - García Teruel, P. J. and Martínez Solano, P. (2007), {{garcia-teruel_martinez_solano_ijmf_2007_vol_3_2_-164-177.pdf|Effects of working capital management on SME profitability}}, **International Journal of Managerial Finance** 3 (2), 164-177. https://doi.org/10.1108/17439130710738718 - Hernández Cánovas, G. and Martínez Solano, P. (2007), {{hernandez-canovas_martinez-solano_sbe_2007_vol_28-37-53.pdf|Effect of the number of banking relationships on credit availability: evidence from panel data of Spanish small firms}}, **Small Business Economics** 28, 37-53. https://doi.org/10.1007/s11187-005-6704-z) - Hernández Cánovas, G. and Martínez Solano, P. (2006), {{hernandez-canovas_martinez-solano_jsbm_2006_vol_44_3_-315-333.pdf|Banking relationships: effects on debt terms for small Spanish firms}}, **Journal of Small Business Management** 44 (3), 315-333. https://doi.org/10.1108/17439130710738718 {{subir2.gif|}}[[research|Top Page]]