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Le mode de gouvernement des entreprises japonaises: un modèle à suivre ?

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Author Info
Mehdi Nekhili () (Université de Bourgogne)

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Abstract

Les entreprises japonaises appartiennent souvent à un Keiretsu et se caractérisent ainsi, par rapport à leurs homologues du reste du monde, par un mode de gouvernement assez particulier. Bien qu'elles soient cotées, elles sont généralement contrôlées par des banques principales qui sont à la fois actionnaires et créancières. Les implications de ce système sont nombreuses et se traduisent par des problèmes d'information asymétrique et de risque moral moins aigus entre les différentes parties prenantes, un taux de faillite plus faible des entreprises et des banques et par des décisions dont l'horizon est à plus long terme.

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File URL: http://www.u-bourgogne.fr/LEG/WP/0981202.pdf
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Publisher Info
Paper provided by Université de Bourgogne - Latec/Fargo (Research center in Finance,organizational ARchitecture and GOvernance) in its series Working Papers FARGO with number 0981202.

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Length: 23 pages
Date of creation: Dec 1998
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Publication status: published in Finance Contrôle Stratégie, vol.1, n°4, décembre 1998, p.137-165.
Handle: RePEc:dij:wpfarg:0981202

Note: article publié dans Finance Contrôle Stratégie, vol.1, n°4, décembre 1998, p.137-165.
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Postal: Gérard Charreaux, Fargo-Latec, Université de Bourgogne 2 Bd Gabriel, BP 26611, 21066 Dijon Cedex, France

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Related research
Keywords: gouvernement d'entreprises; Keiretsu; banques principales.;

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Find related papers by JEL classification:
G30 - Financial Economics - - Corporate Finance and Governance - - - General

References listed on IDEAS
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    Other versions:
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    Other versions:
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