From the end of World War I, France has been characterised by the increase of the role played by the state in the economy. In the middle 80s and the beginning of 90s, the conservative majority decided privatisations which translated a new orientation in matters of economic policy. But the French privatisations process did not entail a sharp departure from the previous model as they generated a cross-shareholding system in which the state still exerted an influence. Therefore, the French industrial system knows a lot of restructurations that will induce nuemrous changes. The internationalisation of firms and of their shareholders is process that will continue and will have consequences on corporate cultures. This article aims at describing the specific features of the current French governance system.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Paper provided by Ecole Superieure de Commerce de Paris. Groupe ESCP- in its series Papers with number
99/142.
Find related papers by JEL classification: H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Boundaries of Public and Private Enterprise; Privatization; Contracting Out