capital

This book explores an important but often neglected aspect of a firm's finances: trade credit management (TCM). When firms offering credit to each other so purchases can be made on open account it is a vital source of business-to-business credit flows. Trade credit is the life-blood of competitive economies. Trade credit involves taking calculated credit risks. In return, selling firms boost sales...

The novel comes from what is called James’s ‘late period’. The writing is mannered, baroque, complex, and focused intently on the psychological relationships between his characters. There is very little ‘plot’ here in the conventional sense. Much of the interest in the narrative is centred on the limitations of the principal character, from whose point of view the story is told. Lambert Strether is...