This paper presents a study intended to demonstrate how the Financial Market Authority (AMF) in France uses its regulatory and sanctioning powers with regard to brokers, listed companies and other actors (individuals) in the financial industry during the period 2006-2011. The AMF actions are...

Fund managers compensation is a particular problem area in terms of its tax treatment in the United States and some European countries. This problem originates in the difficulty of defining these particular forms of incentive and therefore their estimated fair value. Based on the literature,...

[fre] Choix entre la politique monétaire et la manipulation du taux de change pour rétablir le plein emploi et l'équilibre de la balance des paiements. . Lorsqu'un pays affronte simultanément un déséquilibre interne et externe, il est nécessaire de disposer de deux armes pour rétablir le...

[fre] A model of the capital investment decision process. . Capital budgeting and décision theory are criticized by behavioral scientists on the basis of their behavioral hypotheses. We have built an analytical model of the capital investment decisions process (which can also be used for other...

[eng] The valuation of intangible assets is problematic given their conditional, and therefore volatile, nature. The challenge for accountants is even greater since there is no easily available reference for this value on an active market. This value is often calculated solely on the basis of...

[eng] Fair value and intangible assets . The value of intangible assets isn't justified by a specific market value because their acquisition cost is often included in a global cost. Their value follows from expectations on their future potential. This subjective feature is increased as the value...