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Quelles sont les caractéristiques optimales du conseil d'administration?

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Author Info
Laurence Godard () (Université de Franche-Comté)
Alain Schatt () (Université de Franche-Comté)

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Abstract

Dans une optique financière, le conseil d'administration veille à ce que les décisions managériales soient conformes à l'objectif de création de valeur actionnariale. Les auteurs présentent les principaux résultats d'une multitude de travaux abordant la question de l'incidence des caractéristiques du conseil d'administration sur la protection des intérêts des actionnaires. Il apparaît qu'il n'existe pas de composition idéale du conseil, tant en termes de présence d'administrateurs externes indépendants, que de taille du conseil d'administration et de cumul des fonctions de décision et de contrôle.

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File URL: http://www.u-bourgogne.fr/LEG/WP/1000901.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 1000901.

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Length: 19 pages
Date of creation: Sep 2000
Date of revision:
Publication status: Published in La revue du Financier,2000, 4e trimestre, n°127.
Handle: RePEc:dij:wpfarg:1000901

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Postal: 2 Bd Gabriel, BP 26611, 21066 Dijon Cedex, France
Phone: +33(0)380395435
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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: conseil d'administration; structure de propriété; nature des administrateurs; taille du conseil; cumul des fonctions;

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

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


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