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Gouvernance d'entreprise et mobilité/liquidité du capital : quel ancrage territorial dans une économie financiarisée ?

Author

Listed:
  • José Corpataux
  • Olivier Crevoisier

Abstract

The finance industry has created a functional and spatial separation between business investors and entrepreneurs, thereby laying the foundations of what is now referred to as corporate governance. This article presents a territorial understanding of corporate governance. It shows first that the success of financial markets is probably due to the construction of the ?mobility liquidity? of capital and to the short-cutting of local constraints of the real economy, notably of labour markets and environmental resources. Second it suggests that corporate governance is the very particular way how mobile capital anchors in firms and regions today.

Suggested Citation

  • José Corpataux & Olivier Crevoisier, 2011. "Gouvernance d'entreprise et mobilité/liquidité du capital : quel ancrage territorial dans une économie financiarisée ?," Géographie, économie, société, Lavoisier, vol. 13(4), pages 387-411.
    • Handle: RePEc:cai:geslav:ges_134_0387
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