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Payment periods in 2009 - one year on from the economic modernisation act

Author

Abstract

Payemnt periods shortened in 2009. The decline is no longer due entirely to SMEs; it now concerns MTEs a well as large companies. It generates cash earnings, chiefly for SMEs.

Suggested Citation

  • Kremp, E. & Servant, F., 2010. "Payment periods in 2009 - one year on from the economic modernisation act," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 20, pages 37-62, Winter.
  • Handle: RePEc:bfr:quarte:2010-2011:20:02
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    More about this item

    Keywords

    activity; profitability; debt; investment; SMEs; MTEs.;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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