Le passage de la sphère financière à la sphère réelle lors des crises économiques a pour conséquence un effet de dominos qui accélère la propagation des crises. Pourtant certaines entreprises résistent mieux que d'autres, limitant ainsi la propagation, et l'efficacité des pratiques de...

Following the appearance of the recent scandals, the question of the efficiency of the corporate governance mechanisms to appease the financial crisis can be raised. The purpose of this paper is to study the impact of the board of directors effectiveness on the firm's ability to resist the Asian...

A domino effect can accelerate the spread of financial crises. Some firms, however, show better resistance than others thereby limiting the spread. Effective governance mechanisms enhance the ability of firms to absorb a stock market crisis. In a sample of Société des Bourses Françaises (SBF)...