Repository logo
 
Publication

How does the pandemic has affected the economic sustainability of Textile industry in France?

2021-12-16Conference object Open access
Simple item page
dc.contributor.authorSantos, Eleonora
dc.date.accessioned2022-01-03T09:30:22Z
dc.date.available2022-01-03T09:30:22Z
dc.date.issued2021-12-16
dc.description.abstractResearch background: France is one of the leading textile manufacturers in Europe. However, the COVID-19 pandemic has challenged the current practices in the industry. The lack of crisis management characterized by delayed payments, order cancellations, fixed costs, and other unpredictable expenses, turned it difficult for firms to guarantee liquidity and to preserve their economic sustainability. Purpose of the article: To analyse how the pandemic has affected the economic sustainability of Textile industry in France. Methods: Using the financial reports of 57 French firms operating in Textile industry, in 2018-2020, from ORBIS, a financial analysis is performed using the ratios of profitability, liquidity and indebtedness, as well as the profit margin and labour productivity to evaluate how these firms have been tackling the challenges of the recent crisis; and, thus, evaluate their economic sustainability. Findings & Value added: Results suggest that micro firms and SMEs have better financial profitability, display higher levels of liquidity, are less indebted and are more capable to increase their profit margins. Yet, the larger firm shows a higher level of labour productivity, followed by the micro enterprises. Thus, smaller French textile firms appear to be more economically sustainable during the pandemic. This might suggest that smaller firms are more flexible, resilient, and capable to quickly adapt their operations to market’s needs. Such findings provide policy insights on the implementation of the appropriate strategies during times of crisispt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1051/shsconf/202112909017pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.8/6439
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherEDP Sciencespt_PT
dc.relationFCT «UIDB/04928/2020»pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectCovid-19pt_PT
dc.subjectFrancept_PT
dc.subjectEconomic Sustainabilitypt_PT
dc.subjectTextile Industrypt_PT
dc.titleHow does the pandemic has affected the economic sustainability of Textile industry in France?pt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.citation.startPage09017pt_PT
oaire.citation.titleThe 21st International Scientific Conference Globalization and its Socio-Economic Consequences 2021pt_PT
oaire.citation.volume129pt_PT
person.familyNameSantos
person.givenNameEleonora
person.identifier.ciencia-id321B-D068-1CB4
person.identifier.orcid0000-0003-4693-0804
person.identifier.scopus-author-id56903606100
rcaap.rightsopenAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublication68e18938-f060-47d1-b0b8-4ca1f2e47dbe
relation.isAuthorOfPublication.latestForDiscovery68e18938-f060-47d1-b0b8-4ca1f2e47dbe

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
EDP SCIENCES.pdf
Size:
3.97 MB
Format:
Adobe Portable Document Format
Description:
Download

Collections

CARME - Artigos