Empirical research with a purpose of identifying a firm's competencies is quite rare even if results allow for a highlighting of the roots of competitive advantage, discussion of identification methodologies of competencies and, sometimes, questioning of the possibility of such identification....

There has been a constant evolution of the banking business portofolio in the past two decades, due to economic globalization, deregulation and the advert of new technologies. This trend is still the same today and is even more marked by the emergence of production businesses, the latter been...

(VF)Les assureurs qui affirment ne pas vouloir se diversifier dans les métiers de la banque se raréfient ; la majorité des grands assureurs européens se sont lancés dans la banque, et de nouvelles expériences sont en train d’être menées. Ce travail est l’un des premiers à se...

We provide empirical evidence on the determinants of the number of bank lenders using a sample of more than 3000 loans to firms from 24 European countries. Our testable hypotheses are built upon different theoretical frameworks drawn from the existing literature, referring to firm...

The aim of this paper is to empirically investigate the determinants of creditor concentration in the use of bank loans by firms in a European cross-country framework. We analyze the influence of loan and borrower characteristics but also banking market structure and legal enforcement...

(VF)Cette contribution traite du crédit interentreprises et des délais de paiement particulièrement longs pratiqués par les entreprises françaises.Sur la base d’un échantillon de firmes industrielles et commerciales de la région Lorraine, observées de 1998 à 2006, nous produisons des...

In this paper, we explore the mechanisms employed by the French judges while discharging personal debts in exchange for liquidation of debtors' assets. Our empirical results highlight the determinants of judicial selection between debtors whose debts are wiped out and those who have to reimburse...

We empirically investigate the determinants of lenders concentration providing bank loans to European borrowers. We analyze the influence of loan and borrower characteristics but also legal enforcement variables that are expected to influence the financial and strategic decisions related to bank...

This paper tests various theories relative to the choice of the number of bank relationships on a french sample of 244 small and medium business. We formulate hypotheses relative to firm?'s characteristics and to the impact of this choice on collateral requirements, cost and exposure to bank...