Les conditions d’accès des PME au crédit se sont plutôt améliorées ces dernières années. Des handicaps persistent néanmoins (cherté relative des découverts bancaires, contraintes de financement propres à certains secteurs) dans un contexte financier devenu moins accommodant sur la...

One of the fundamental principles of the bank activity is prudence. This principle manifest on one hand in substance of the reglementations regarding bank activity at national, european and international level and, on the other hand, in operational activity of each bank institution and, implicit...

In most of case, the insider trading is a behavior transgression of law, it is a practice deemed illegal by law. This practice is unfair and opaque; it distorts the confidence and equality of investors to make trading in the market. An insider acting or allows other intermediaries to act in the...

In most of cases, the insider trading is a behavior transgression of law, it is a practice deemed illegal by law. This practice is unfair and opaque; it distorts the confidence and equality of investors to make trading in the market. An insider acting or allows other intermediaries to act in the...

This article is particularly interested in highlighting the effect of banking capital variation on the management of banking risk and simultaneously on the banking market structure in CEMAC countries between 2000 and 2015. The use of Generalized Method of Moments and Three-Stage Least Squares...

This article is particularly interested in highlighting the effect of variation of bank capital on the management of banking risk and simultaneously on the structure of banking market in CEMAC countries. The use of Generalized Method of Moments and Three-Stage Least Squares concludes that the...

Our purpose is to explore an alternative way to give new foundations to the theory of corporate finance and governance. The definition we give of corporate finance considers capital-budgeting as central. The shortcomings of the contract theory of the firm result in proposing new foundations to...

French Abstract: Nous mobilisons un modèle de micro-simulation s’appuyant sur un jeu de données individuelles particulièrement riche pour évaluer l’impact de la crise sanitaire sur la situation financière de plus de 645 000 entreprises françaises en 2020. Nous montrons que la...

The main purpose of this paper is to determine the macro-prudential indicators of financial strength that can be used under supervision of the banking system in CEMAC. More specifically, we start from a set of indicators listed in the literature on macro-prudential supervision, and identify...

Avec la pression qu’exerce le phénomène de la mondialisation, l’Etat doit assumer sa responsabilité de mettre en place les réformes structurelles appropriées afin de corriger les imperfections du marché et garantir la relance de la croissance économique. La priorité de ces réformes...