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The performance of French firms in 2013: supported by large enterprises, profitability recovered

Author

Listed:
  • L. Carlino.
  • D. Lefilliatre.

Abstract

French firms’ activity growth was slow in 2013 but their margins stopped deteriorating, resulting in a slight recovery in their savings rate and internal financing ratio. The financial structure of companies remained generally sound. The debt ratio fell and the cost of debt declined.

Suggested Citation

  • L. Carlino. & D. Lefilliatre., 2014. "The performance of French firms in 2013: supported by large enterprises, profitability recovered," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 36, pages 63-93, winter.
    • Handle: RePEc:bfr:quarte:2014:36:04
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    More about this item

    Keywords

    activity; profitability; debt; investment; groups; SMEs; ISEs;
    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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