P. Adair and M. Adaskou, Théories financières et endettement des PME en France [Financial theories and the debt of SMEs in France: A panel analysis]. Revue internationale P.M.E: Économie et gestion de la petite et moyenne entreprise, pp.137-171, 2011.

J. S. Ang, Small business uniqueness and the theory of financial management, Journal of Small Business Finance, vol.1, issue.1, pp.1-13, 1991.

N. Barberis and R. Thaler, A survey of behavioral finance, Handbook of the Economics of Finance (chap. 18, pp.1052-1119, 2003.

A. Bédué, Choix financiers des entreprises et comportement bancaire [The financial choices of companies and bank behavior] (PhD thesis), 1997.

I. Bellelettre, Les choix de financement des Très Petites Entreprises [The financing choices of very small businesses] (PhD thesis), 2010.

A. N. Berger and G. F. Udell, Collateral, loan quality and bank risk, Journal of Monetary Economics, vol.25, issue.1, pp.21-420304, 1990.
DOI : 10.1016/0304-3932(90)90042-3

A. N. Berger and G. F. Udell, The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle, SSRN Electronic Journal, vol.22, issue.98, pp.613-673, 1998.
DOI : 10.2139/ssrn.137991

D. Besanko and A. V. Thakor, Collateral and Rationing: Sorting Equilibria in Monopolistic and Competitive Credit Markets, International Economic Review, vol.28, issue.3, pp.671-689, 1987.
DOI : 10.2307/2526573

J. Bourdieu and B. Colin-sédillot, Structure du capital et coûts d'information : le cas des entreprises françaises à la fin des années quatre-vingt [Capital structure and information costs: The case of French companies in the late eighties, Economie et statistique, pp.87-1005812, 1993.

N. Boussaa, Théorie financière contemporaine et PME : une analyse économique sur données de panel [Contemporary financial theory and SMEs: An economic analysis on panel data, 2000.

R. Brealey, S. Myers, and F. Allen, Principles of corporate finance, The McGraw-Hill/Irwin Series in Finance, Insurance, and Real Estate, 2010.

D. Brounen, D. Jong, A. Koedijk, and K. , Corporate Finance in Europe Confronting Theory with Practice, SSRN Electronic Journal, vol.33, pp.71-101, 2004.
DOI : 10.2139/ssrn.559415
URL : http://www1.fee.uva.nl/fm/PAPERS/Brounen/brounen.pdf

F. Chittenden, G. Hall, and P. Hutchinson, Small firm growth, access to capital markets and financial structure: Review of issues and an empirical investigation, Small Business Economics, vol.14, issue.5,6, pp.59-67, 1996.
DOI : 10.1007/BF00391976

S. Cieply, Spécificité financière des PME et nouvelles théories du financement : une application à un échantillon d'entreprises françaises [The financial specificity of SMEs and new financing theories: An application to a sample of French companies, 1997.

N. Daskalakis and M. Psillaki, Do country or firm factors explain capital structure? Evidence from SMEs in France and Greece, Applied Financial Economics, vol.1, issue.2, pp.87-97, 2007.
DOI : 10.1111/0022-1082.00262

D. Dufour and E. Molay, La structure financière des PME françaises : une analyse sectorielle sur données de panel [The financial structure of French SMEs: A sector analysis on panel data, Crises et nouvelles problématiques de la Valeur ème Congrès de l'Association Francophone de Comptabilité, pp.1-18, 2010.

M. Z. Frank and V. K. Goyal, Testing the pecking order theory of capital structure, Journal of Financial Economics, vol.67, issue.2, pp.217-248, 2003.
DOI : 10.1016/S0304-405X(02)00252-0

M. Z. Frank and V. K. Goyal, Trade-Off and Pecking Order Theories of Debt, Handbook of empirical corporate finance, pp.135-202, 2008.
DOI : 10.2139/ssrn.670543

M. Harris and A. Raviv, Capital Structure and the Informational Role of Debt, The Journal of Finance, vol.21, issue.2, pp.321-349, 1990.
DOI : 10.1016/0022-0531(79)90031-0

M. Harris and A. Raviv, The theory of capital structure Specification tests in econometrics, The Journal of Finance J. A. Econometrica, vol.46, issue.46, pp.297-355, 1978.

S. Holmes and P. Kent, An empirical analysis of the financial structure of small and large Australian manufacturing enterprises, Journal of Small Business Finance, vol.1, pp.141-154, 1991.

M. C. Jensen, W. Meckling, E. Kremp, and M. Dietsch, Theory of the firm: Managerial behavior, agency costs and ownership structure Le crédit interentreprises bénéficie plus aux grandes entreprises qu'aux PME [Intercompany credit benefits large companies more than SMEs], Journal of Financial Economics Economie et Statistique, vol.376, issue.314, pp.305-3600304, 1976.

E. Kremp and T. Phillippon, Changing patterns of firm ownership and financing: Evidence from SMEs in France, 2008.

M. T. Leary and M. R. Roberts, Do peer firms affect corporate financial policy? The Journal of Finance, pp.139-178, 2012.

M. T. Leary and M. R. Roberts, The pecking order, debt capacity, and information asymmetry, Journal of Financial Economics, vol.95, issue.3, pp.332-355, 2010.
DOI : 10.1016/j.jfineco.2009.10.009
URL : http://finance.wharton.upenn.edu/~rlwctr/papers/0533.pdf

J. López-gracia and F. Sogorb-mira, Testing trade-off and pecking order theories financing SMEs, Small Business Economics, vol.55, issue.4, pp.117-136, 2008.
DOI : 10.1111/j.1475-6803.1999.tb00721.x

M. H. Miller, Debt and taxes, The Journal of Finance, vol.32, pp.261-275, 1977.

F. Modigliani and M. H. Miller, The cost of capital, corporation finance and the theory of investment, American Economic Review, vol.48, pp.261-297, 1958.

F. Modigliani and M. H. Miller, Corporate income taxes and the cost of capital: A correction, American Economic Review, vol.53, pp.433-443, 1963.

S. C. Myers, Determinants of corporate borrowing, Journal of Financial Economics, vol.5, issue.2, pp.147-1750304, 1977.
DOI : 10.1016/0304-405X(77)90015-0

S. C. Myers, Capital Structure, Journal of Economic Perspectives, vol.15, issue.2, pp.81-102, 2001.
DOI : 10.1257/jep.15.2.81

S. C. Myers and N. S. Majluf, Corporate financing and investment decisions when firms have information that investors do not have, Journal of Financial Economics, vol.13, issue.2, pp.187-2210304, 1984.
DOI : 10.1016/0304-405X(84)90023-0
URL : https://bank.uni-hohenheim.de/uploads/media/myers_majluf_1984.pdf

M. A. Petersen and R. G. Rajan, The Benefits of Lending Relationships: Evidence from Small Business Data, The Journal of Finance, vol.71, issue.1, pp.3-37, 1994.
DOI : 10.1016/0014-2921(88)90077-3

M. Psillaki, I. E. Tsolas, and D. Margaritis, Evaluation of credit risk based on firm performance, European Journal of Operational Research, vol.201, issue.3, pp.873-881, 2010.
DOI : 10.1016/j.ejor.2009.03.032

R. G. Rajan and L. Zingales, What Do We Know about Capital Structure? Some Evidence from International Data, The Journal of Finance, vol.9, issue.5, pp.1421-1460, 1995.
DOI : 10.2307/2329684
URL : http://faculty.chicagogsb.edu/raghuram.rajan/research/paper4.pdf

L. Shyam-sunder and S. C. Myers, Testing static trade-off against pecking order models of capital structure, Journal of Financial Economics, vol.51, issue.98, pp.219-244, 1999.
DOI : 10.3386/w4722
URL : http://pages.stern.nyu.edu/~eofek/PhD/papers/SM_Testing_JFE.pdf

J. E. Stiglitz, A re-examination of the Modigliani-Miller theorem, American Economic Review, vol.59, pp.784-793, 1969.

S. Titman and R. Wessels, The Determinants of Capital Structure Choice, The Journal of Finance, vol.32, issue.1, pp.1-19, 1988.
DOI : 10.2307/2326766

A. Trabelsi, Les déterminants de la structure du capital et les particularités du financement dans les PME: une étude sur données françaises [Determinants of capital structure and the financing particularities of SMEs: A study on French data] (PhD thesis), 2006.

I. Welch, Colombus' egg: The real determinant of capital structure (NBER: Working Paper 8782) Retrieved from http, 2002.

O. E. Williamson, Corporate finance and corporate governance. The Journal of Finance, pp.567-591, 1988.

Y. Ziane, Structure financière, relations bancaires de long terme et financement interentreprises des PME françaises [Financial structure, long-term banking relationships and the intercompany financing of particularities of French SMEs] (PhD thesis), 2004.