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La mesure du risque d'insolvabilité

Author

Listed:
  • Jean-Claude Juhel

    (CRIFP - Centre de Recherche en Ingénierie Financière et Finances Publiques - UNS - Université Nice Sophia Antipolis (1965 - 2019))

Abstract

Two interrelated phenomena determine the risk of insolvency: the elasticity of cash balance compared to the change in volume of activity, and the elasticity of cash balance compared to the variation in unit margin on variable costs.

Suggested Citation

  • Jean-Claude Juhel, 1997. "La mesure du risque d'insolvabilité," Post-Print hal-00664423, HAL.
  • Handle: RePEc:hal:journl:hal-00664423
    as

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