IDEAS home Printed from https://ideas.repec.org/a/prs/rfreco/rfeco_0769-0479_1992_num_7_4_1321.html
   My bibliography  Save this article

Les conventions de financement des entreprises. Premières approches théorique et empirique

Author

Listed:
  • Dorothée Rivaud-Danset
  • Robert Salais

Abstract

[fre] Les conventions de financement ont pour objet privilégié de traiter l'incertitude qui préside à la relation de financement d'une manière qui soit considérée comme efficace par les deux parties. La pluralité des conventions se déduit de travaux antérieurs sur la diversité des mondes de production des entreprises non financières et des comportements bancaires. Cette perspective met l'accent sur la flexibilité et donc sur la liquidité des entreprises. L'approche théorique recherche dans la littérature, d'une part, les principes qui fondent les motifs et les modalités d'accès à la liquidité, d'autre paît, les principes non-standards de coordination des comportements des offreurs et des demandeurs de capitaux. I.es travaux empiriques entendent montrer que ce cadre permet d'aborder autrement les domaines de la solvabilité et de la liquidité des entreprises. Deux expériences sont tentées, l'une sur vin échantillon d'entreprises en France, l'autre sur la comparaison entre plusieurs pays à travers la banque de comptes sectoriels harmonisés BACH de la C.E.E. [eng] This article has for its object of analysis the treatment of the uncertainty at the centre of financial relationships by finance conventions which are considered as both suitable and efficient by the parties to the transaction. The plurality of such conventions can be deduced from earlier works on the diversity of worlds of production in non-financial enterprises and on economic behaviour in the banking sector. This perpective emphasizes the flexibility and the liquidity of enterprises. This theoretical approach exploits an economic literature which deals with the principles underlying the motivation for and access to liquidity, on one hand, and non-standard principles of co-ordination in the credit and financial markets, on the other. As a consequence, empirical studies illustrate that this framework is convenient to treat from an unusual point of view the questions of firm solvability and liquidity. Two experiences are made, the first one deals with a sample of French firms, the second one with a comparison of agregated balance sheets of several countries from data of the E.E.C.

Suggested Citation

  • Dorothée Rivaud-Danset & Robert Salais, 1992. "Les conventions de financement des entreprises. Premières approches théorique et empirique," Revue Française d'Économie, Programme National Persée, vol. 7(4), pages 81-120.
  • Handle: RePEc:prs:rfreco:rfeco_0769-0479_1992_num_7_4_1321
    DOI: 10.3406/rfeco.1992.1321
    Note: DOI:10.3406/rfeco.1992.1321
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/rfeco.1992.1321
    Download Restriction: no

    File URL: https://www.persee.fr/doc/rfeco_0769-0479_1992_num_7_4_1321
    Download Restriction: no

    File URL: https://libkey.io/10.3406/rfeco.1992.1321?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Laurence Scialom & Hélène Clément-Pitiot, 1995. "Réformer l'intermédiation financière en Russie : des options," Revue Économique, Programme National Persée, vol. 46(2), pages 433-455.
    2. Robert Paturel & Stéphane Foliard & Mazen Gharsalli, 2010. "L'encastrement social des pratiques de gestion : le cas de la relation d'emprunt pour les PME," Post-Print halshs-00765074, HAL.
    3. Gregory Heem, 2003. "Convention et contrôle interne bancaire," Post-Print hal-00423754, HAL.
    4. Hancké, Bob, 1997. "Modernisation without flexible specialisation: how large firm restructuring and government regional policies became the step-parents of autarchic regional production systems in France," Discussion Papers, Research Unit: Economic Change and Employment FS I 97-304, WZB Berlin Social Science Center.
    5. Lagoarde-Segot, Thomas & Paranque, Bernard, 2018. "Finance and sustainability: From ideology to utopia," International Review of Financial Analysis, Elsevier, vol. 55(C), pages 80-92.
    6. NGUENA, Christian L., 2012. "Le Financement des PME au Cameroun dans un Contexte de Crise Financière [SMEs Financing issue in Cameroon in the context of Financial Crises]," MPRA Paper 49417, University Library of Munich, Germany, revised 01 Sep 2013.
    7. Christian Lambert Nguena & Roger Tsafack Nanfosso, 2013. "Facteurs Microeconomiques du Deficit de Financement des PME au Cameroun," AAYE Policy Research Working Paper Series 13_004, Association of African Young Economists, revised Nov 2013.
    8. Hancké, Bob, 2003. "Many roads to flexibility. How large firms built autarchic regional production systems in France," LSE Research Online Documents on Economics 513, London School of Economics and Political Science, LSE Library.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:rfreco:rfeco_0769-0479_1992_num_7_4_1321. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/rfeco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.