This article aims to analyze the effect of debt on the profitability. This impact can be explained by three essential theories: signaling theory, the agency costs theory and tax theory. The sample consists of a panel of 1,078 French firms, unlisted, anonymous type and Limited Liability Company;...

This paper analyzes the potential effects of new capital requirements of banks in the WAEMU countries on the cost of credit in Togo. The influence on lending rates is examined through the channel of the of banking concentration. We show from generalized additive models (GAM) and generalized...

The aim of this paper was to determine the impact of globalisation and inequality on poverty using unbalanced panel data relating to seven countries of East Europe (Lithuania, Romania, Russia, Hungary, Poland, Estonia, Kirghizistan) from 1998 to 2003. The results led us to affirm that...