L’analyse comparative de la performance entre les entreprises publiques et les entreprises privées : le problème de mesure et son impact sur les résultats
A lot of research has been devoted so far to analyze the impact of ownership on firm performance. This study highlights the potential measurement selection bias of this research as a result of public and private firms pursuing different objectives. We review the literature on ownership comparison and identify situations where we believe the measurement bias is deemed to be more critical. We then evaluate the impact on the empirical evidence. Overall, the study suggests that the differences in the objectives between public and private firms are important in order to explain the differences in their performance. De nombreuses recherches ont été réalisées au cours des 30 dernières années pour vérifier si la forme de propriété a un effet déterminant sur la performance. Cette étude met en lumière le problème de mesure qui caractérise ce type de recherche et qui découle des disparités, parfois importantes, entre les objectifs poursuivis par les entreprises publiques et les entreprises privées. Nous procédons à une revue des études empiriques dans le domaine en prenant soin d’identifier les situations où le problème de mesure est le plus manifeste. Nous en évaluons l’impact sur les résultats. Dans l’ensemble, les résultats de notre analyse suggèrent que les différences d’objectifs entre les entreprises expliquent en partie leurs différences de performance.
Volume (Year): 80 (2004)
Issue (Month): 4 (Décembre)
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