Corporate financing in the euro area and France: an analysis of developments

Patrick Artus

Financial Stability Review, 2018, issue 22, 119-132

Abstract: The author looks at the developments in corporate finance, in the euro area and in France, since the mid-1990s. He first examines the nature of financing: the relative roles of self financing, bank credit, private equity. He then analyses, first from a positive point of view, the changes in the macro-financial equilibrium brought about by changes in corporate financing methods; then, from a normative point of view, whether these developments are desirable, and what problems they may pose from the point of view of monetary policy or financial intermediaries’ regulations.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:fisrev:2018:22:11

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