This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...

Les journées de l'Association française de science économique (Afse) se sont tenues à Sophia Antipolis les 25 et 26 juin 2009. L'objectif de ces journées, organisées par le Groupe de recherche en droit, économie et gestion (Gredeg(1)) en collaboration avec l'Observatoire français des...

This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...

This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...

Today, a growing literature develops on the idea that different types of rules and norms should govern differently entrepreneurial and public firms, depending on the industry in which they operate and the stage of development of the industry. This chapter contributes to this new literature by...

The paper explores this issue by reconciling two trends of literature that are generally disconnected - the industry life cycle (ILC) on the one hand and the governance of large and small firms on the other - to generate results on how the governance of the firm may look like over the industry...

Corporate governance and the governance of knowledge were for a long time distinct fields of analysis. Reasons for this incompatibility are linked to the restricted vision of corporate governance supported by shareholder value which essentially refers to information rather than knowledge. In...

This paper intends to relate more closely corporate governance, industry dynamics and firms performance. In that perspective, it focuses on the impact of applying the normative, best practice model of corporate governance on industry dynamics and related stock market performances. At a...

Uniformity in modes of regulation and governance is now widely debated. The predominant thesis is that there should be a superior model promoting optimality by disclosure of information and transparency. But today, this thesis is greatly contested, since the adoption of a unique and universal...

Corporate governance has been in the recent years one of the most debated issues in conventional economic approaches. Agency theory combined with financial indicators has particularly contributed to the development of shareholder value as a key concept in companies' governance both at a...