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This article aims at analyzing the financial structure of the Tunisian listed companies in the stock exchange of Tunis (SET). The study focuses on 26 companies observed over a period of 6 years (2005)(2006)(2007)(2008)(2009)(2010). Three representations of the behavior of funding are tested: The first considers that the firms implement a policy of debt with an objective of debt ratio target, the second presupposes the existence of a hierarchy of funding and divides the existence of a target ratio, the third assumes that firms issuing shares when market conditions are favorable and redeemed in the opposite case. The statistical tests validate better the first approach. In fact, the choice of financing of Tunisian businesses confirms the greatest explanatory power of an analysis based on the existence of a debt ratio target.

Today, no company is safe from forces and pressures, which are exerted on it, because of a significant number of the requirements in particular as regards competitiveness, the need for change, or the crises, the deregulations and the cost of energy. To face this news gives, the company must reconsider its behaviors and its practices to renew itself, to open out and reinforce its international position in the market. Some of these practices form what one calls the entrepreneurial orientation. For this reason, we will devote this paper for better encircling and apprehending the concept of entrepreneurial orientation and this, by focusing on its relation with the entrepreneurial culture and the profile of the leader in the specific case of the Tunisian companies.

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This paper aims to study the impact of the characteristics of family SMES on the strategy of Corporate Social Responsibility (CSR) family. The review of literature shows that the social network has a positive, but low effect on the social responsibility of business. However, conservatism has a negative effect on social responsibility of business. Age of the company has a positive effect on the social responsibility of business. The data have been collected from 141 Tunisian familial and nonfamilial businesses in 2012. The results obtained allow to highlight the role of social network in the adoption of the strategy of social responsibility within the family business. Similarly, the results have shown that the variable conservatism with a negative impact is statistically significant on CSR through the variable Knowledge of CSR. Finally, age of the company has no significant impact on CSR strategy.

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This paper aims to analyze the impact of the various devices of territorial intelligence on the export performance of SMEs based on their intensities of exports, in the specific case of the Maghreb SMEs. The originality of this paper lies in the lack of empirical studies in the subject of territorial intelligence in developing countries in general, and the Maghreb countries in particular, which is added the enhancement of the mediating effect of competitive intelligence of SMEs on the success of the territorial intelligence approach in terms of export performance.

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