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Analyse de l’évolution des mécanismes de gouvernance d’entreprise dans les sociétés d’État au Canada

Author

Listed:
  • Ameur Boujenoui

    (Université d'Ottawa)

  • Richard Bozec

    (Université d'Ottawa)

  • Daniel Zeghal

    (Université d'Ottawa)

Abstract

(VF)Une bonne gouvernance d’entreprise s’articule autour des principes de transparence, d’imputabilité, d’équité et de croissance saine de l’entreprise. Cette étude examine l’évolution des caractéristiques du conseil d’administration des sociétés d’État canadiennes de 1976 à 2000 et fait une comparaison avec le secteur privé. Il ressort que les conseils d’administration des sociétés d’État se sont progressivement libérés des sphères politique et des dirigeants, se sont ouverts aux femmes et ont connu une réduction de leur taille. Par ailleurs, la privatisation s’est traduite par des modifications dans les mécanismes de gouvernance. (VA) Good corporate governance involves transparency, accountability, equitable treatment of shareholders and value-enhancing growth. Research has been extensive in the private sector but more limited in the public one. This study details the evolution of boards of directors in the public sector from 1976 to 2000 and provides a comparison with the private sector. Our results indicate that boards of directors in the public sector became progressively independent from the political arena and from CEOs, have opened their doors to women and have been decreasing in size. The results also show that privatization has triggered various modifications in the governance mechanisms.

Suggested Citation

  • Ameur Boujenoui & Richard Bozec & Daniel Zeghal, 2004. "Analyse de l’évolution des mécanismes de gouvernance d’entreprise dans les sociétés d’État au Canada," Revue Finance Contrôle Stratégie, revues.org, vol. 7(2), pages 95-122, June.
    • Handle: RePEc:dij:revfcs:v:7:y:2004:i:q2:p:95-122
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    References listed on IDEAS

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    Cited by:

    1. Céline Du Boys, 2009. "Government As A Shareholder In Listed Companies: Consequences On Performance, Governance And Repartition Of Power Between Stakeholders," Post-Print hal-01470317, HAL.

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    More about this item

    Keywords

    gouvernance d’entreprise; société d’État; conseil d’administration; privatisation; corporate governance; state-owned enterprise; board of directors; privatization.;
    All these keywords.

    JEL classification:

    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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