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SMEs in the manufacturing sector in France an intermediate position compared with eight other European countries

Author

Listed:
  • Cayssials, J. L.
  • Kremp, E.

Abstract

SMEs in the manufacturing sector in France have an adequate level of capital and reserves and a relatively small amount of debt. Trade accounts receivable and payable are greater than in German SMMEs and their profitability remained below that of their German counterparts.

Suggested Citation

  • Cayssials, J. L. & Kremp, E., 2010. "SMEs in the manufacturing sector in France an intermediate position compared with eight other European countries," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 18, pages 27-44, Summer.
  • Handle: RePEc:bfr:quarte:2010:18:03
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_18_2010-summer.pdf
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    Citations

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    Cited by:

    1. Ferrando, Annalisa & Mulier, Klaas, 2013. "Do firms use the trade credit channel to manage growth?," Journal of Banking & Finance, Elsevier, vol. 37(8), pages 3035-3046.
    2. Kremp, Elizabeth & Sevestre, Patrick, 2013. "Did the crisis induce credit rationing for French SMEs?," Journal of Banking & Finance, Elsevier, vol. 37(10), pages 3757-3772.
    3. ., 2010. "The position of firms in 2009: a decline in business and a reluctance to invest during the crisis," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 20, pages 5-35, Winter.
    4. Cayssials, J.L. & Kremp, E., 2010. "The financial position of SMEs in 2009: a financial structure that has proven resilient to the crisis," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 19, pages 31-62, Autumn.

    More about this item

    Keywords

    SMMEs; capital and reserves; debt; trade accounts receivable and payable; profitability; European comparisons; BACH.;

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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