This paper argues that mainstream economic the- ory, far from providing an indisputable plea in favor of shareholder value-maximization, oers striking arguments showing quite the opposite : pro t-maximization cannot be a legitimate prioritarian goal for private rms. This opens the door for a...

In a European and global context devoted to CSR, it is interested to look at the French process. According to the survey, the French approach on CSR issues is based on principles that make this approach specific when compared to other Western countries. In France, CSR is less considered as a...

The principal aim of this study is to identify the dimensions implied by female entrepreneurialism, especially its potential economic contribution to national growth, its specificities, or the analysis of public or private initiatives willing to promote it. Thus, our goal is to issue a number of...

More than one third of companies listed in the FTSE EUROFIRST 300 index are governed accordingly to principles differing from the One share – One vote standards. These exceptions could be illustrated by several practices such as Scandinavian multiple voting shares, non voting shares as seen in...

A l’heure où l’Europe s’interroge sur la nécessité de mettre en place un système de recours collectif et où la France connaît des controverses sur ce sujet, l’AMF a publié un rapport relatif à l’indemnisation des préjudices subis par les épargnants et les investisseurs. Tout...

The authors analyse the present and coming financial consequences of the revolution caused by the new communication media (TV broadcast, DVD, internet…) towards the diffusion of literary and artistic works protected by intellectual property laws to an increasingly larger public. They...