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Pour une gouvernance d’entreprise «comportementale»:une réflexion exploratoire-Toward a Behavioral Corporate Governance Theory : An Exploratory View

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  • Gérard Charreaux

    (Université de Bourgogne)

Abstract

(VF)L’objectif de cet article est de montrer l’intérêt des approches comportementales, notamment de la finance comportementale, pour construire une théorie de la gouvernance permettant de remédier aux nombreuses lacunes de la théorie juridico-financière dominante. La réflexion entreprise montre les problèmes soulevés par la notion de biais comportemental et son intégration dans la théorie de la gouvernance.(VA)The objective of this article is to show how behavioral theories, in particular behavioral finance, can help to build a corporate governance theory allowing to fill the many gaps of the dominant law and finance theory. In particular, we underline the problems raised by the concept of behavioral bias and its integration in the corporate governance theory.

Suggested Citation

  • Gérard Charreaux, 2005. "Pour une gouvernance d’entreprise «comportementale»:une réflexion exploratoire-Toward a Behavioral Corporate Governance Theory : An Exploratory View," Working Papers CREGO 1050601, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    • Handle: RePEc:dij:wpfarg:1050601
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    References listed on IDEAS

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    1. Gérard Charreaux, 1997. "L'entreprise publique est-elle nécessairement moins efficace?," Working Papers CREGO 0970901, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    2. Gérard Charreaux, 2004. "Les théories de la gouvernance:de la gouvernance des entreprises à la gouvernance des systèmes nationaux," Working Papers CREGO 1040101, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    3. Barberis, Nicholas & Thaler, Richard, 2003. "A survey of behavioral finance," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 18, pages 1053-1128, Elsevier.
    4. Michel Barabel & Olivier Meier, 2002. "Biais cognitifs du dirigeant, conséquences et facteurs de renforcement lors de fusions-acquisitions:synthèse et illustrations," Revue Finance Contrôle Stratégie, revues.org, vol. 5(1), pages 5-42, March.
    5. Michel Barabel, 2002. "Biais cognitifs du dirigeant, conséquences et facteurs de renforcement lors de fusions-acquisitions : synthèses et illustrations," Post-Print hal-00155439, HAL.
    6. G.M. Constantinides & M. Harris & R. M. Stulz (ed.), 2003. "Handbook of the Economics of Finance," Handbook of the Economics of Finance, Elsevier, edition 1, volume 1, number 1.
    7. Gérard Charreaux, 2002. "Variation sur le thème:"À la recherche de nouvelles fondations pour la finance et la gouvernance d'entreprise"," Revue Finance Contrôle Stratégie, revues.org, vol. 5(3), pages 5-68, September.
    8. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    9. Colin Camerer & George Loewenstein & Drazen Prelec, 2003. "Neuroeconomics: How neuroscience can inform economics," Levine's Bibliography 506439000000000484, UCLA Department of Economics.
    10. Gérard Charreaux, 2015. "Pour une véritable théorie de la latitude managériale et du gouvernement des entreprises," Revue française de gestion, Lavoisier, vol. 0(8), pages 189-212.
    11. G.M. Constantinides & M. Harris & R. M. Stulz (ed.), 2003. "Handbook of the Economics of Finance," Handbook of the Economics of Finance, Elsevier, edition 1, volume 1, number 2.
    12. repec:dau:papers:123456789/3387 is not listed on IDEAS
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    Cited by:

    1. Ezzi Ferdaws & Jarboui Anis & Zouari-Hadiji Rim, 2020. "CSR categories and R&D investment: the moderating role of Managerial emotional intelligence," Management & Marketing, Sciendo, vol. 15(1), pages 17-37, March.
    2. Evelyne Poincelot & Grégory Wegmann, 2006. "Perspectives on non-financial indicators as a strategic management accounting tool:A French inquiry," Working Papers CREGO 1060905, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.

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    More about this item

    Keywords

    théorie comportementale de la gouvernance; biais comportemental; behavioral corporate governance theory; behavioral bias;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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