The financial position of SMEs in 2009: a financial structure that has proven resilient to the crisis.

In 2009, the crisis affected SME’s profitability more than their financial structure. Major differences remain between SMEs, with increasing numbers of failures in this category. The decline in investment, which was already weak before the crisis, is compromising their ability to recover in the medium term.

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Year of publication:	2010
Authors:	Cayssials, J.L. ; Kremp, E.
Published in:	Quarterly selection of articles - Bulletin de la Banque de France. - Banque de France. - 2010, 19, p. 31-62
Publisher:	Banque de France
Subject:	SME \| business activity \| profitability \| debt \| investment \| corporate failures

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Extent:	application/pdf
Type of publication:	Article
Classification:	E22 - Capital; Investment (including Inventories); Capacity ; G30 - Corporate Finance and Governance. General ; G33 - Bankruptcy; Liquidation ; L23 - Organization of Production ; L25 - Firm Size and Performance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009195482