This study analyzes the links between listed family businesses and social responsibility. On the theoretical level, it establishes a relationship between socioemotional wealth, proactive stakeholder engagement, and the social responsibility of family businesses. On a practical level, our results...

This article describes B.S.N's vain attempt from December 1968 to January 1969 to takeover Saint-Gobain . The hostile bid was unprecedented in French Economical history, not only for the size of the offer but also for the use of Convertible Bonds. B.S.N.'s bid stemmed from the diversity of...

This article contributes to understanding the investment decision in the unlisted family business (UFB). It particularly highlights the roles of the performance target and long-term survival goal, providing empirical support both for the Prospect Theory and for the Post Keynesian Theory...

The focus of this paper is employee ownership, specifically the role of employee ownership in value creation. Based on a sample of 163 French companies, we have measured the impact of employee share ownership on value creation for both shareholders and stakeholders. Only companies with a...

This study analyzes the links between listed family businesses and social responsibility. On the theoretical level, it establishes a relationship between socioemotional wealth, proactive stakeholder engagement, and the social responsibility of family businesses. On a practical level, our results...

This study analyzes the links between listed family businesses and social responsibility. On the theoretical level, it establishes a relationship between socioemotional wealth, proactive stakeholder engagement, and the social responsibility of family businesses. On a practical level, our results...

This study investigates whether quoted family firms present particularities in stock options policy, in France. This research, which suggests a definition of family firms, is based on the analysis of the Bulletin des Annonces Légales Obligatoires and on a survey of 61 firms (24...

(VF)Selon la théorie du free cash flow, l’endettement, tout comme la distribution de dividendes, en réduisant le free cash flow, permettraient de limiter le pouvoir discrétionnaire des dirigeants, et contribueraient à la création de valeur actionnariale. Cette théorie est infirmée par...

(VF)Cet article expose les principaux résultats d'une étude consacrée à l'influence des stock-options sur la résolution des conflits d'agence actionnaires/dirigeants en France. Si l'attribution de stock-options semble influencer les décisions d'investissement, essentiellement dans leur...