外文翻译---25年法国企业集团的发展成果和经验(编辑修改稿)内容摘要:

n the table below. Total employment by category of businesses (millions) in 2020 In France Abroad Independent corporations Enterprise groups: Foreign French ones without foreign subsidiary French ones with foreign subsidiaries Analysis of financing of businesses In 2020, the French Planning Agency (CGP) launched an investigation into the financing of the French economy, in particular on the growing influence of stock markets as in many industrialised countries. The policy issue behind it was to consider if the growing role of own capital in the financing of panies should still be supported as a mean to achieve faster growth. Among other things, the working group investigated the impact of the then famous “standard” for financial return of listed panies (. a Return On Equity of about 15%) and its sustainability. The group consisted of macroeconomists, auditors, financial analysts, national accountants and public statisticians. Economists considered various statistics on profitability, and the interpretation of these statistics was not an easy task. Mainly three types of statistics were available: statistics on the stock market, which were then showing very high profitability rates, statistics drawn from the national accounts, which were showing a much more limited profitability and statistics drawn from business statistics, which were providing a profitability level differing from the two other statistics. Some economists were not particularly dissatisfied with the situation and could cope with it, and provided economic explanations they felt patible with it. Others, and especially those working or having worked in the economic directorate of INSEE, were more disturbed and asked for an indepth investigation of the concepts and methodology defining these statistics. An additional subgroup was created to specifically tackle statistical issues related to the challenge raised by enterprise groups on business statistics. The main economic report mentions several statistical issues and their consequences for the analysis. Current Development 1 Communication with on several characteristics will change if we integrate the EG as a statistical unit. This raises several types of issues that statisticians have to discuss with users in order to: explain the situation and check if users agree on the need to integrate the EG as the reference statistical unit and agree on a new vocabulary for the derived statistics. In addition, statisticians have to check if external users need to have at their disposal statistics based on the corporation unit and on the EG unit, or if a choice between both is possible, characteristic by characteristic. As an additional topic, users should be interviewed on their understanding of the statistical enterprise, which is under development by profiling some big EGs. The working group is formally created, but it has to be implemented in practice. 2 Statistical register of the register of corporations has existed in France for 40 years, there is no formal statistical register of EGs. Since the statistical services of several ministries do as well produce business statistics, it is necessary to develop such a tool. All material being available, the main task is to organise the standardisation. But continuity of units remains an issue. 3 Definition of are very mobile units, that change due to several reasons: they can buy, create or sell corporations (totally or partially), and the corporations they own can as well be modified by mergers or demergers. As far as we know, there is currently no agreed concept of statistical continuity for these plex units. Picart proposes a concept and uses it to define a longitudinal database of EGs and analyse the demography of this population. Howev。
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