Chabrak, Nihel; Bouden, Inès - Université Paris-Dauphine (Paris IX) - 2010
Associated with neo-liberalism, shareholder value is at the origin of the financialization of the economy and the … with this logic. Its fair value accounting strengthened the resilience to the principle of governance by markets, which … the application of fair value measurement when markets become inactive. We make obvious how this amendment contributes to …