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Les déterminants de l’ampleur des bénéfices privés:un test sur données françaises


  • Julien Le Maux

    () (Université de Paris 1)


(VF)Notre objectif est d’étudier le lien entre le mode de contrôle d’une société cotée et les bénéfices privés sur le marché français, en définissant des canaux d’extraction de richesse, en mesurant ces derniers et en déterminant les principaux bénéficiaires. L’une des spécificités de notre approche est de proposer une mesure des bénéfices privés au travers des conventions réglementées. (VA) Our objective is to study the link between corporate control and private benefits in the French market. We do so by detecting methods of ex-tracting private benefits, measuring the latter’s importance and determin-ing the principal recipients. As one specificity of our approach we pro-pose a measure of private benefits by related party transactions.

Suggested Citation

  • Julien Le Maux, 2004. "Les déterminants de l’ampleur des bénéfices privés:un test sur données françaises," Revue Finance Contrôle Stratégie,, vol. 7(2), pages 195-231, June.
  • Handle: RePEc:dij:revfcs:v:7:y:2004:i:q2:p:195-231

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    References listed on IDEAS

    1. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
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    More about this item


    actionnaires minoritaires; coalition de contrôle; conventions réglementées; jetons de présence; conseil d’administration; minority shareholders; coalition of control; related party transactions; management fees; board of directors.;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy


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