| Titre | La structure financière des entreprises : une investigation empirique sur données françaises | |
|---|---|---|
| Auteur | Jean-François Malécot, Patrick Hillion, Bruno Biais | |
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Revue | Economie et prévision |
| Numéro | no 120, 1995/4 | |
| Page | 15-28 | |
| Résumé anglais |
The Capital Structure of Financial Corporations: Empirical Study on French Data by Bruno Biais, Pierre Hillion and Jean-François Malécot
Theories of financial structure are empirically tested on a sample of French firms. Bank credit and trade credit are modeled as being jointly endogenous. Small firms rely more heavily on trade credit, whereas medium-sized firms use bank credit the most. In line with asymmetric information theories, debt increases with tangible assets. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1995_num_120_4_5741 |
