The Growth Choices of French Listed SMEs

Nazik Fadil ()
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Nazik Fadil: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School

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Abstract: Many SMEs suffer from financing problems that hinder their growth. To overcome these difficulties, some list on the stock market and make a public offering. Does this favor the SMEs' growth? And what types of growth do SMEs prefer in this context? The empirical study shows an overall positive development of turnover, especially internationally. SMEs seem to focus on external growth at the expense of internal growth and short-term investment in R&D.

Keywords: SME; Stock exchange listing; Internal/external growth; Innovation (search for similar items in EconPapers)
Date: 2012-05-27
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Published in International Business Research, 2012, 5 (6), pp.83-93. ⟨10.5539/ibr.v5n6p83⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02906186

DOI: 10.5539/ibr.v5n6p83

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