L'ENDETTEMENT AFFECTE-T-IL LA PROFITABILITÉ? LE CAS DES FIRMES AGRO-ALIMENTAIRES FRANÇAISES
type: Dataset
description: This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We analyze a sample of 568 unlisted French companies (Agro-food sector) spanning over a period of 1999 to 2006. We show, by using the generalized method of moments (GMM), that debt affects negatively on the profitability, but this effect is negligible and sometimes insignificant according to the ratio of profitability used (Prof1, Prof2 or ROA). Furthermore, we find existence of non-linear relationship (concave curve) between level of debt and profitability, but this non-linear impact is validated only in the case of very small enterprises.
issued: 2026-06-04T06:56:51.929409
language: fr
modified: 2026-06-04T06:56:51.929417
contact point: Organization
  fn: CCSD
keyword: debt
keyword: donnees-de-panel
keyword: endettement
keyword: gmm
keyword: infoeu-reposemanticspreprint
keyword: jel-c---mathematical-and-quantitative-methodscc3---multiple-or-simultaneous-equation-models--mul
keyword: panel-data
keyword: preprints-working-papers-
keyword: profitabilite
keyword: profitability
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: shsgestionhumanities-and-social-sciencesbusiness-administration
keyword: shsstathumanities-and-social-sciencesmethods-and-statistics
landing page: https://shs.hal.science/halshs-00756972

L'ENDETTEMENT AFFECTE-T-IL LA PROFITABILITÉ? LE CAS DES FIRMES AGRO-ALIMENTAIRES FRANÇAISES
type: Distribution
format: HTML
issued: 2026-06-04T06:56:51.949050
modified: 2026-06-04T06:56:51.872594
access URL: https://shs.hal.science/halshs-00756972

test_moissonnage_selune
type: Agent