Download or read book Structuration du pool bancaire et financement de la petite et moyenne entreprise written by Hiba Hajj Chehade and published by . This book was released on 2009 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cette thèse propose une étude des déterminants de la structuration du Pool Bancaire de la PME. Il s’agit en particulier, d’analyser le choix de la banque principale de l’entreprise, les relations qu’elle entretient avec les banques secondaires et le nombre de banques. Cette problématique est traitée dans le cadre de la théorie bancaire. Dans un premier chapitre, une revue des travaux antérieurs est réalisée. Elle met en évidence le statut particulier de la banque principale au sein du pool, les avantages et inconvénients respectifs de la mise en place d’un financement exclusif ou multibancaire ainsi que les modes d’interaction entre les banques. Dans un second chapitre, une analyse qualitative, basée sur des entretiens semi-directifs réalisés auprès de dirigeants d’entreprises, montre que le choix de la banque principale est déterminé par la proximité géographique et la nature décentralisée de l’organisation de cette banque. D’autres facteurs, comme l’importance du volume d’affaires qu’elle gère et la durée de la relation entretenue avec le client, apparaissent également pertinents. Le recours à la multibancarité s’explique à la fois par une volonté de mise en concurrence des banques et un besoin de sécurisation des apports de crédit. Le troisième chapitre propose une analyse quantitative du choix de la banque principale. Nous relevons que les entreprises les plus opaques cherchent à travailler en priorité avec des banques décentralisées, plus à même de leur fournir un financement rationnel. Un rationnement en crédit bancaire apparaît pour les entreprises traitant avec une institution centralisée. Le dernier chapitre étudie les facteurs explicatifs de la multibancarité de la PME. Nous relevons l’existence d’un lien négatif entre l’opacité informationnelle de l’entreprise et le nombre de ses banques. La qualité du client et la présence dans sa structure de financement d’une banque décentralisée jouent également sur sa stratégie de multibancarité

Download or read book Structure financi re relations bancaires de long terme et financement inter entreprises des PME fran aises written by Ydriss Ziane and published by . This book was released on 2004 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: Notre thèse analyse les contraintes financières subies par les petites et moyennes entreprises. La première partie étudie la structure financière à partir d'un échantillon de 2551 firmes suivies entre 1994 et 2001. Le seuil de 20 salariés apparaît comme stratégique dans l'étude des comportements financiers. Nos recherches concernent ensuite les relations nouées avec les stakeholders financiers (banques, fournisseurs et clients) dans le cadre de la théorie du gouvernement d'entreprise. La seconde partie analyse la relation de long terme banque-entreprise en se basant sur une enquête menée auprès de 244 PME en 2001. Les effets de cette relation dépendent du niveau de risque matérialisé par le degré d'engagement de la banque. La troisième partie examine les relations de crédit inter-entreprises à partir d'une enquête sur 513 PME en 2002. Nous soulignons l'avantage informationnel des fournisseurs qui se substituent aux banques pour assurer le financement des entreprises opaques.

Download or read book Financement des PME written by Jean-Paul Betbèze and published by Presses Universitaires de France - PUF. This book was released on 2013-11-20 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: La sortie de la crise européenne exige à la fois un regain de croissance, fondé sur des réformes structurelles des marchés des biens et du travail, et une modernisation des structures publiques. La croissance privée requiert plus d'investissement des entreprises, notamment des PME, en particulier pour encourager l'innovation. Ce soutien financier n'est pas facile à mobiliser, au moment où les baisses de taux de la Banque centrale européenne ne conduisent pas mécaniquement à de meilleures conditions de financement des entreprises les plus fragiles, là où le besoin est le plus fort. D'où l'idée de recenser toutes les ressources possibles, comme le font les autres pays industrialisés. Il s'agit de redynamiser le crédit bancaire, avec l'appui de la Banque centrale européenne et de la Banque européenne d'investissement, de mieux financer les stars-ups et d'organiser un développement contrôlé de la titrisation, avec un rôle accru de la bourse, spécialement en faveur des PME.

Download or read book Diversit conomique et modes de financement des PME written by Bernard Belletante and published by Editions L'Harmattan. This book was released on 2001 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Réfute en partie la vision traditionnelle de la microéconomie. Les approches quantitatives n'épuisent pas l'explication de la taille optimale. Bien au contraire, il faudrait tenir compte du degré de cohérence qui existe dans le trinôme produit-marché-gouvernant pour comprendre correctement l'organisation des PME.

Download or read book Assisting Russia s Transition written by Gianni Zanini and published by World Bank Publications. This book was released on 2002-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This evaluation assesses the development effectiveness of the World Bank's lending and non-lending assistance to the Russian Federation since 1991, a 10-year period of tumultuous political, economic, and social change. This report concludes that an assistance strategy, concentrating on analytical and advisory services with limited financial support for Russia, would have been more appropriate than one involving large volumes of adjustment lending.

Download or read book Revised Treaty written by Economic Community of West African States and published by Presses de L'Ub. This book was released on 1995 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Shadow Banking System written by Tobias Adrian and published by DIANE Publishing. This book was released on 2010-10 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current financial crisis has highlighted the growing importance of the ¿shadow banking system,¿ which grew out of the securitization of assets and the integration of banking with capital market developments. This trend has been most pronounced in the U.S., but it has had a profound influence on the global financial system. Securitization was intended as a way to transfer credit risk to those better able to absorb losses, but instead it increased the fragility of the entire financial system by allowing banks and other intermediaries to ¿leverage up¿by buying one another¿s securities. In the new, post-crisis financial system, the role of securitization will likely be held in check by more stringent financial regulation. Charts and tables.

Download or read book Handbook for Integrating Risk Analysis in the Economic Analysis of Projects written by Asian Development Bank and published by . This book was released on 2002 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aiming to support the development of a framework for the analysis of risk in project design and economic analysis, this handbook outlines technical approaches to modeling risk. Also summarized is the nature and practice of sensitivity analysis in dealing with uncertain outcomes as well as the principles to consider in typical risk analysis situations sector by sector. Case studies are included to demonstrate the application of quantitative risk analysis using actual Asian Development Bank projects to help improve project design and quality. Handbook users will learn to identify factors that are the key determinants of project outcomes, determine the likelihood of an individual project's returns being unacceptable, and design measures to mitigate the risks arising from the identified key factors.

Download or read book Understanding the Securitization of Subprime Mortgage Credit written by Adam B. Ashcraft and published by DIANE Publishing. This book was released on 2010-03 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Discusses the ways that market participants work to minimize these frictions and speculate on how this process broke down. Continues with a complete picture of the subprime borrower and the subprime loan, discussing both predatory borrowing and predatory lending. Presents the key structural features of a typical subprime securitization, documents how rating agencies assign credit ratings to mortgage-backed securities, and outlines how these agencies monitor the performance of mortgage pools over time. The authors draw upon the example of a mortgage pool securitized by New Century Financial during 2006. Illustrations.

Download or read book Energy Technology Perspectives 2010 written by International Energy Agency and published by Organization for Economic Co-Operation & Development. This book was released on 2010 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2010 edition of Energy Technology Perspectives examines the extent to which an energy technology revolution is taking place, the key technologies that are emerging, the costs and benefits of these technologies, and policies needed to foster their use. ETP 2010 presents updated scenarios from the present to 2050 that show which new technologies will be most important in key sectors and in different regions of the world. It highlights the importance of finance to achieve change, examines the implications of the scenarios for energy security and looks at how to accelerate the deployment of low-carbon technologies in major developing countries. It presents roadmaps and transition pathways for spurring deployment of the most important clean technologies and for overcoming existing barriers. With extensive data, projections and analysis, Energy Technology Perspectives 2010 provides decision makers with the detailed information and insights needed to accelerate the switch to a more secure, low-carbon energy future.

Download or read book Regional Conference on building a future for sustainable small scale fisheries in the Mediterranean and the Black Sea written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2018-10-31 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the report, the conference focused on the main challenges for the sustainable development of small-scale fisheries, including promoting political commitment and tailored strategies, raising awareness, and sharing knowledge.

Download or read book FAO Investment Centre Annual review 2020 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-06-25 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: The FAO Investment Centre provides a wide range of support services to help countries make more and better investments in food and agriculture. This review looks back at the work the Centre carried out with its partners in 2020. Despite a challenging year amid the COVID-19 pandemic, the Centre’s global team supported investment-related policy and sector studies to increase policy dialogue and contributed to the design, technical assistance, supervision or evaluation of investment projects in 120 countries. The Centre increasingly linked both its policy work with investment support to scale up impact. And it promoted greater knowledge sharing and innovation, while also helping to strengthen the capacity of people and institutions to make better investment decisions. The Centre continues to remain relevant by adapting its skills and expertise to keep pace with a constantly evolving investment landscape and fast-changing world and by advocating for more sustainable agri-food systems.

Download or read book Federal Reserve s Commercial Paper Funding Facility written by Tobias Adrian and published by DIANE Publishing. This book was released on 2010-06 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve (FR) created the Commercial Paper Funding Facility (CPFF) in the midst of severe disruptions in money markets following the bankruptcy of Lehman Bros. on Sept. 15, 2008. The CPFF finances the purchase of highly rated unsecured and asset-backed commercial paper from eligible issuers via primary dealers. The facility is a liquidity backstop to U.S. issuers of commercial paper, and its creation was part of a range of policy actions undertaken by the FR to provide liquidity to the financial system. This report documents aspects of the financial crisis relevant to the creation of the CPFF, reviews the operation of the CPFF, discusses use of the facility, and draws conclusions for lender-of-last-resort facilities. Charts and tables.

Download or read book The Nonbank Bank Nexus and the Shadow Banking System written by Mr.Zoltan Pozsar and published by International Monetary Fund. This book was released on 2011-12-01 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present way of thinking about financial intermediation does not fully incorporate the rise of asset managers as a major source of funding for banks through the shadow banking system. Asset managers are dominant sources of demand for non-M2 types of money and serve as source collateral ?mines' for the shadow banking system. Banks receive funding through the re-use of pledged collateral ?mined' from asset managers. Accounting for this, the size of the shadow banking system in the U.S. may be up to $25 trillion at year-end 2007 and $18 trillion at year-end 2010, higher than earlier estimates. In terms of policy, regulators will need to consider the re-use of pledged collateral when defining bank leverage ratios. Also, given asset managers' demand for non-M2 types of money, monitoring the shadow banking system will warrant closer attention well beyond the regulatory perimeter.

Download or read book Bananas and Food Security written by Claudine Picq and published by Bioversity International. This book was released on 1999 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: Importance de la banane sur les plans economique et alimentaire; Diversite et dynamique des filieres; Organisation des marches et commercialisation; Systemes de productions/production systems.

Download or read book A Frequency Dictionary of French written by Deryle Lonsdale and published by Routledge. This book was released on 2009-03-25 with total page 974 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Frequency Dictionary of French is an invaluable tool for all learners of French, providing a list of the 5000 most frequently used words in the language. Based on a 23-million-word corpus of French which includes written and spoken material both from France and overseas, this dictionary provides the user with detailed information for each of the 5000 entries, including English equivalents, a sample sentence, its English translation, usage statistics, and an indication of register variation. Users can access the top 5000 words either through the main frequency listing or through an alphabetical index. Throughout the frequency listing there are thematically-organized lists of the top words from a variety of key topics such as sports, weather, clothing, and family terms. An engaging and highly useful resource, the Frequency Dictionary of French will enable students of all levels to get the most out of their study of French vocabulary. Former CD content is now available to access at www.routledge.com/9780415775311 as support material. Designed for use by corpus and computational linguists it provides the full text in a format that researchers can process and turn into suitable lists for their own research work. Deryle Lonsdale is Associate Professor in the Linguistics and English Language Department at Brigham Young University (Provo, Utah). Yvon Le Bras is Associate Professor of French and Department Chair of the French and Italian Department at Brigham Young University (Provo, Utah).

Download or read book Changing Nature of Financial Intermediation and the Financial Crisis of 2007 09 written by Tobias Adrian and published by DIANE Publishing. This book was released on 2011 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. The financial crisis of 2007-09 highlighted the changing role of financial institutions and the growing importance of the ¿shadow banking system,¿ which grew out of the securitization of assets and the integration of banking with capital market developments. In a market-based financial system, banking and capital market developments are inseparable, and funding conditions are tied closely to fluctuations in the leverage of market-based financial intermediaries. This report describes the changing nature of financial intermediation in the market-based financial system, charts the course of the recent financial crisis, and outlines the policy responses that have been implemented by the Fed. Reserve and other central banks. Charts and tables.