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La relation capital - investissement dans les firmes industrielles et commerciales

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Author Info
Philippe Desbrières () (Université de Bourgogne LATEC/FARGO)

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Abstract

Après avoir mis en évidence les particularités du capital-investissement, relativement à la finance d'entreprise traditionnelle, et procédé à son analyse dans le cadre théorique de la finance organisationnelle, cet article s'intéresse successivement au comportement des investisseurs dans la phase pré-contractuelle puis aux relations prévalant entre les parties après la mise en place du financement. Ces deux derniers points permettent respectivement de montrer les spécificités de ce type d'investissement dans les phases de sélection et d'évaluation de projets, et d'aborder successivement les aspects relatifs à la gestion a priori des risques moral et patrimonial, le contrôle courant et ex post exercé par les capital-investisseurs et, enfin, la sortie de ce dernier.

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File URL: http://www.u-bourgogne.fr/LEG/WP/1000502.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 1000502.

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Length: 45 pages
Date of creation: May 2000
Date of revision:
Publication status: published in "Images de l'investissement:au-delà de l'évaluation financière, une lecture organisationnelle et stratégique", sous la direction de Gérard Charreaux, Paris, Vuibert, 2001, p.361-392.
Handle: RePEc:dij:wpfarg:1000502

Note: article publié dans "Images de l'investissement:au-delà de l'évaluation financière, une lecture organisationnelle et stratégique", sous la direction de Gérard Charreaux, Paris, Vuibert, 2001, p.361-392.
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Postal: 2 Bd Gabriel, BP 26611, 21066 Dijon Cedex, France
Phone: +33(0)380395435
Fax: +33(0)380395488

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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: capital-investissement; private-equity; financement; finance organisationnelle;

Find related papers by JEL classification:
G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure

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This page was last updated on 2009-11-16.


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