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

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  • Mehdi Nekhili

    (Université de Bourgogne)

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.

Suggested Citation

  • Mehdi Nekhili, 1998. "Le mode de gouvernement des entreprises japonaises: un modèle à suivre ?," Working Papers CREGO 0981202, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    • 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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    References listed on IDEAS

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    More about this item

    Keywords

    gouvernement d'entreprises; Keiretsu; banques principales.;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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