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Structures de propriété, pouvoir discrétionnaire managérial et choix d'activité dans l'assurance dommages en France

Author

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  • Fabrice Roth

    (Université Robert Schuman de Strasbourg 3)

Abstract

Dans le cadre de la théorie néoinstitutionnelle des organisations, cet article étudie le lien entre le pouvoir discrétionnaire des dirigeants et les choix d'activité des entreprises d'assurance dommages en France. Le pouvoir discrétionnaire des dirigeants, la gestion du risque moral et du risque non diversifiable sont analysés au niveau des différentes struc-tures de propriété. Une grille de lecture est proposée pour positionner les entreprises du secteur de l'assurance sur ces trois dimensions. La politique de souscription, d'investissement et l'envergure des firmes sont concernées. Le test réalisé sur données françaises confirme un position-nement spécifique aux mutuelles, sociétés anonymes privées et entreprises publiques.

Suggested Citation

  • Fabrice Roth, 1998. "Structures de propriété, pouvoir discrétionnaire managérial et choix d'activité dans l'assurance dommages en France," Working Papers CREGO 0980301, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    • Handle: RePEc:dij:wpfarg:0980301
    Note: article publié dans Finance Contrôle Stratégie, vol.1, n°1, mars 1998, p.169-194
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    References listed on IDEAS

    as
    1. Doherty, Neil A & Dionne, Georges, 1993. "Insurance with Undiversifiable Risk: Contract Structure and Organizational Form of Insurance Firms," Journal of Risk and Uncertainty, Springer, vol. 6(2), pages 187-203, April.
    2. Gérard Charreaux, 1996. "Vers une théorie du gouvernement des entreprises," Working Papers CREGO 0960501, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    3. Patricia Born & William M. Gentry & W. Kip Viscusi & Richard J. Zeckhauser, 1998. "Organizational Form and Insurance Company Performance: Stocks versus Mutuals," NBER Chapters, in: The Economics of Property-Casualty Insurance, pages 167-192, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Fabrice Roth, 2000. "Gouvernement des entreprises et stratégie du dirigeant:une étude clinique dans le secteur de l'assurance," Working Papers CREGO 1000701, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.

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    More about this item

    Keywords

    assurance; pouvoir discrétionnaire managérial; théorie néoinstitutionnelle;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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