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Les Effets De La Croissance Et De L'Endettement Sur Les Multiples De Capitaux Propres : Representation Theorique Et Comparaison Internationale

Author

Listed:
  • Imtiaz Ahmad

    (European Center of Corporate Control Studies - LSMRC - PRES Université Lille Nord de France)

  • Pascal Alphonse

    (European Center of Corporate Control Studies - LSMRC - PRES Université Lille Nord de France)

  • Michel Levasseur

    (European Center of Corporate Control Studies - LSMRC - PRES Université Lille Nord de France)

Abstract

Cet article s‟interroge sur le rôle de la croissance et de l‟endettement sur l‟apport informationnel de la valeur comptable des fonds propres. A cette fin, un modèle de type Residual Income est développé et ses implications empiriques testées sur un échantillon d‟entreprises américaines, de pays développés hors Etats-Unis et de pays émergents sur la période 2000-2007. Les résultats montrent que dans la plupart des pays considérés, l‟association entre la valeur comptable et la valeur de marché des fonds propres dépend significativement du stade de croissance et des modalités de financement caractérisant l‟entreprisen entreprise en la matière. Par ailleurs, l'engagement affectif envers la profession est lié à l'acquisition de compétences en matière de RSE.

Suggested Citation

  • Imtiaz Ahmad & Pascal Alphonse & Michel Levasseur, 2010. "Les Effets De La Croissance Et De L'Endettement Sur Les Multiples De Capitaux Propres : Representation Theorique Et Comparaison Internationale," Post-Print hal-00481584, HAL.
    • Handle: RePEc:hal:journl:hal-00481584
    Note: View the original document on HAL open archive server: https://hal.science/hal-00481584
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    References listed on IDEAS

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