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La croissance soutenable du chiffre d'affaires des entreprises : stratégies financières et effet de taille

Author

Listed:
  • Robert Beaudoin

    (UQTR - Université du Québec à Trois-Rivières)

  • Josée St-Pierre

    (INRPME - Institut de recherche sur les PME - UQTR - Université du Québec à Trois-Rivières)

  • Jacques Bourgeois

    (HEC Montréal - HEC Montréal)

Abstract

Cette recherche présente un nouveau modèle de détermination du taux de croissance soutenable adapté aux particularités des PME. Nous analysons comment les dirigeants de PME ont utilisé les différents éléments du modèle afin de soutenir la croissance de leur chiffre d'affaires. Nous comparons par la suite les stratégies financières utilisées par les PME en croissance avec celles utilisées par les GE en croissance afin de vérifier l'existence d'un effet de taille. Les résultats de ces comparaisons indiquent que les PME utilisent des stratégies financières différentes de celles des GE pour soutenir leur croissance. Il semble de plus, qu'au cours de la période de croissance, les PME modifient leurs stratégies financières de façon plus importante que les GE et ce, quelque soit leur rythme de croissance. Par ailleurs, les PME en croissance forte ne modifient pas les mêmes paramètres que les PME en croissance faible. Finalement, les PME utilisent plus les sources de financement à court terme qu'à long terme, pour assurer leur croissance.

Suggested Citation

  • Robert Beaudoin & Josée St-Pierre & Jacques Bourgeois, 1996. "La croissance soutenable du chiffre d'affaires des entreprises : stratégies financières et effet de taille," Post-Print hal-01704906, HAL.
    • Handle: RePEc:hal:journl:hal-01704906
    Note: View the original document on HAL open archive server: https://hal.science/hal-01704906
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    References listed on IDEAS

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