Issu des travaux menés au cours des Rencontres économiques d'Aix-en-Provence de juillet 2009. Un état des lieux des problèmes que soulève la démographie mondiale, qui montre que deux paramètres joueront un rôle essentiel dans l'avenir : les ressources rares et le vieillissement....

We propose a simple equilibrium model, where the physical and the derivative markets of the commodity interact. There are three types of agents: industrial pro- cessors, inventory holders and speculators. Only the two first of them operate in the physical market. All of them, however, may...

Risk orientated disclosure is a focal issue of corporate communication. Many provisions have been implemented in the USA and in Europe to promote transparency about risks faced by companies, especially by quoted ones. The increase of mandatory risk reporting applying to companies leads to the...

In this multidisciplinary and internationally oriented paper, we first examine the European directives and the recent corporate governance codes of France, Germany, the Netherlands and the UK. We define 39 variables in six categories (ethics and corporate behavior, shareholders’ rights, board...

Purpose of the paper: Risk orientated disclosure is a focal issue of corporate communication. Many provisions have been implemented in the USA and in Europe to promote transparency about risks faced by companies, especially by quoted ones. The increase of mandatory risk reporting applying to...