L'effet de levier financier en période d'inflation
Jean-Claude Juhel ()
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Jean-Claude Juhel: CRIFP - Centre de Recherche en Ingénierie Financière et Finances Publiques - UNS - Université Nice Sophia Antipolis (1965 - 2019)
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Abstract:
The currency depreciation combined with the high indebtedness of French industry and a systematic policy of cheap credit, has destroyed a natural mechanism for optimal orientation of financial resources to firms: the effect of financial leverage.
Keywords: Effet de levier; inflation; orientation optimale des ressources financières; indusrie française (search for similar items in EconPapers)
Date: 1980-10
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Published in Der Schweizer Treuhänder (L'Expert-Comptable Suisse), 1980, 10, pp.12-15
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00663490
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