Si les sciences de gestion sont plus « jeunes » que d’autres, le management des entreprises a pour autant une histoire déjà riche, dont l’étude éclaire singulièrement les mécanismes et pratiques aujourd’hui à l’œuvre. Découvrez au fil des deux derniers siècles l’évolution...

The key role of institutions for economic performance has recently been acknowledged in the economic policy debate. This paper aims at pointing out the main policy lessons and the recommendations to be drawn from New Institutional Economics (NIE), when considering the organization of markets. We...

This comment deals with Lipietz's presentation of a solution which had been proposed to the transformation problem. Lipietz's account can be criticized in two respects. First, his attempt to integrate the familiar Morishima-type approach with the newer one is based on a confusion between the...

Ce document réunit deux conférences. I. Ekeland, dans Formalisation mathématique et théorie économique, défend l'idée que l'économie est une science et qu'elle est donc soumise aux mêmes critères de précision du langage. J. Elster, dans L'indétermination de la théorie du choix...

Open market share repurchases are strictly regulated to prevent companies from profiting from insider information. We examine compliance with these rules in France, where the mandatory disclosure of share repurchases provides detailed information on repurchases actually undertaken. Using a...

Research on the impact of open market share repurchases has been hindered by the lack of data available on actual share repurchases in many countries, including the US. Using a previously unused database containing detailed information on 36,848 repurchases made by 352 French firms, we show that...

Share repurchases are transactions which are supposed to cause a market reaction through a signaling approach. However looking only at cumulated abnormal returns (CARs)is insufficient and the results are sometimes contradictory. We introduce the concept of informativeness to assess if...

Research on the impact of open market share repurchases has been hindered by the lack of dataavailable on actual share repurchases in many countries, including the US. Using a previouslyunused database containing detailed information on 36,848 repurchases made by 352 French firms,we show that...