Impact de la syndication sur la performance des entreprises financées par capital-investissement et sur la richesse des parties prenantes
Abstract
Dans cette étude, on montre l'importance de la syndication en tant que mécanisme de gouvernance spécifique au capital-investissement. A travers ce mécanisme, les capitaux-investisseurs exercent un contrôle lors de leur prise de participation. A partir d'un échantillon composé de 106 entreprises financées par capital-investissement et introduites en bourse durant la période 2000 jusqu'à mars 2009, nous étudions l'impact de l'implication du capital-investissement dans le gouvernement d'entreprise et plus précisément l'impact de la syndication sur la performance et sur la richesse des parties prenantes. La validation empirique montre que la syndication n'a pas un impact sur la performance et sur la richesse des parties prenantes.Download Info
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Paper provided by HAL in its series Post-Print with number hal-00650456.Length:
Date of creation: 2011
Date of revision:
Publication status: Published - Presented, Comptabilités, économie et société, 2011, Montpellier, France
Handle: RePEc:hal:journl:hal-00650456
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Related research
Keywords: Capital-investissement ; Gouvernance ; Syndication ; Performance ; Richesse des parties prenantes;This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-12-19 (All new papers)
References
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