Intangible expenses: a solution to increase the French wine industry performance? - HAL Accéder directement au contenu
Article dans une revue European Review of Agricultural Economics Année : 2011

Intangible expenses: a solution to increase the French wine industry performance?

Résumé

This paper presents an empirical investigation of the link between intangible expenses of French wine companies and their financial performance. A flexible moment-based approach is used to analyse the impact of tangible and intangible expenses on the mean, variance and skewness of profit. Econometric evidence shows that a high level of intangible expenses has a positive impact on performance by increasing the expected profit and reducing variance risk. A lower level of intangible expenses reduces risk and mean of profit of corporations. This study provides insights on the use of intangible expenses as a risk management tool.
Loading...
Fichier non déposé

Dates et versions

halshs-00657391, version 1 (06-01-2012)

Identifiants

Citer

Jean-Laurent Viviani, Paul Amadieu. Intangible expenses: a solution to increase the French wine industry performance?. European Review of Agricultural Economics, 2011, 38 (2), pp.237-258. ⟨10.1093/erae/jbr012⟩. ⟨halshs-00657391⟩
135 Consultations
0 Téléchargements
Dernière date de mise à jour le 28/04/2024
comment ces indicateurs sont-ils produits

Altmetric

Partager

Gmail Facebook Twitter LinkedIn Plus