IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

La recherche en finance d’entreprise:quel positionnement méthodologique?

  • Gérard Charreaux

    ()

    (Université de Bourgogne)

(VF)Après avoir effectué, dans une première partie, un état des lieux permettant de préciser notamment la nature des questions que se posent les chercheurs en finance d’entreprise et les méthodes qu’ils emploient, la seconde partie est consacrée au positionnement de la recherche en finance d’entreprise et gouvernance sur le plan méthodologique. L’analyse fait ressortir tant l’importance de la modélisation sous ses différentes formes, qu’elle se rattache à la tradition de l’économie néoclassique ou à celle de l’économie néo-institutionnelle, que des travaux empiriques s’inscrivant dans le prolongement de cette modélisation. Sur le plan épistémologique, la recherche en finance d’entreprise semble se rattacher davantage à la tradition Millienne plutôt qu’à l’instrumentalisme ou à l’infirmationnisme.(VA)After examining, in a first part, the nature of the questions posed by researchers in corporate finance and of the methods they use, the second part is devoted to the methodological positioning of research in corporate finance and governance. The analysis emphasizes both the importance of modeling in its various forms, related to the neo-classical or neo-institutional economics traditions, and of the empirical work associated with the models. On the epistemological level, research in corporate finance and governance seems to be attached more to the Millian tradition rather than to instrumentalism or refutationism.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://leg.u-bourgogne.fr/images/stories/wp/1080501.pdf
Download Restriction: no

Paper provided by Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations in its series Working Papers CREGO with number 1080501.

as
in new window

Length: 61 pages
Date of creation: May 2008
Date of revision:
Handle: RePEc:dij:wpfarg:1080501
Contact details of provider: Postal:
2 Bd Gabriel, BP 26611, 21066 Dijon Cedex, France

Order Information: Postal: Angèle Renaud, CREGO, 2 Bd Gabriel, BP 26611, 21066 Dijon Cedex, France
Email:


References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Hands,D. Wade, 2001. "Reflection without Rules," Cambridge Books, Cambridge University Press, number 9780521497152, November.
  2. Peter Wirtz, 2005. ""Meilleures pratiques" de gouvernance et création de valeur: une appréciation critique des codes de bonne conduite," Post-Print halshs-00746264, HAL.
  3. Hélène Rainelli-Le Montagner, 2008. "Finance d'entreprise:voix nouvelles et nouvelles voies," Revue Finance Contrôle Stratégie, revues.org, vol. 11(Special), pages 291-313, June.
  4. Michael C. Jensen & William H. Meckling, 1994. "The Nature Of Man," Journal of Applied Corporate Finance, Morgan Stanley, vol. 7(2), pages 4-19.
  5. Lawson, Tony, 1989. "Realism and Instrumentalism in the Development of Econometrics," Oxford Economic Papers, Oxford University Press, vol. 41(1), pages 236-58, January.
  6. Stulz, Rene M., 2005. "The Limits of Financial Globalization," Working Paper Series 2005-1, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  7. Kevin Hoover, 2003. "Econometrics And Reality," Working Papers 9728, University of California, Davis, Department of Economics.
  8. Miller, Merton H, 1977. "Debt and Taxes," Journal of Finance, American Finance Association, vol. 32(2), pages 261-75, May.
  9. Durnev, Art & Kim, E. Han, 2004. "To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation," CEI Working Paper Series 2004-7, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  10. Graham, John R. & Harvey, Campbell R., 2001. "The theory and practice of corporate finance: evidence from the field," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 187-243, May.
  11. Boland, Lawrence A, 1979. "A Critique of Friedman's Critics," Journal of Economic Literature, American Economic Association, vol. 17(2), pages 503-22, June.
  12. Tufano, Peter, 2001. "HBS-JFE conference volume: complementary research methods," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 179-185, May.
  13. William H. Meckling, 1976. "Values and the Choice of the Model of the Individual in the Social Sciences," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 112(IV), pages 545-560, December.
  14. Maki, Uskali, 2000. "Kinds of Assumptions and Their Truth: Shaking an Untwisted F-Twist," Kyklos, Wiley Blackwell, vol. 53(3), pages 317-36.
  15. Morgan, Theodore, 1988. "Theory versus Empiricism in Academic Economics: Update and Comparison s," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 159-64, Fall.
  16. David Colander, 2000. "New Millennium Economics: How Did It Get This Way, and What Way Is It?," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 121-132, Winter.
  17. Fabian Muniesa & Michel Callon, 2008. "La performativité des sciences économiques," Post-Print halshs-00258130, HAL.
  18. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
  19. Hausman,Daniel M., 1992. "The Inexact and Separate Science of Economics," Cambridge Books, Cambridge University Press, number 9780521415019, November.
  20. Hausman,Daniel M., 1992. "The Inexact and Separate Science of Economics," Cambridge Books, Cambridge University Press, number 9780521425230, November.
  21. Armen A. Alchian, 1950. "Uncertainty, Evolution, and Economic Theory," Journal of Political Economy, University of Chicago Press, vol. 58, pages 211.
  22. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert Vishny, 1999. "Investor Protection and Corporate Valuation," Harvard Institute of Economic Research Working Papers 1882, Harvard - Institute of Economic Research.
  23. Friend, Irwin, 1973. "Mythodology in Finance," Journal of Finance, American Finance Association, vol. 28(2), pages 257-72, May.
  24. Nandini Gupta, 2005. "Partial Privatization and Firm Performance," Journal of Finance, American Finance Association, vol. 60(2), pages 987-1015, 04.
  25. G. Hodgson., 2007. "What Are Institutions?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 8.
  26. Mara Faccio & Ronald W. Masulis, 2005. "The Choice of Payment Method in European Mergers and Acquisitions," Journal of Finance, American Finance Association, vol. 60(3), pages 1345-1388, 06.
  27. Huber, P.P. & Verrall, R.J., 1999. "The Need for Theory in Actuarial Economic Models," British Actuarial Journal, Cambridge University Press, vol. 5(02), pages 377-395, June.
  28. Marianne P. Bitler & Tobias J. Moskowitz & Annette Vissing-Jørgensen, 2005. "Testing Agency Theory with Entrepreneur Effort and Wealth," Journal of Finance, American Finance Association, vol. 60(2), pages 539-576, 04.
  29. Zimmerman, Jerold L., 2001. "Conjectures regarding empirical managerial accounting research," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 411-427, December.
  30. Frankfurter, George M. & McGoun, Elton G., 1999. "Ideology and the theory of financial economics," Journal of Economic Behavior & Organization, Elsevier, vol. 39(2), pages 159-177, June.
  31. McGoun, Elton G., 2003. "Finance models as metaphors," International Review of Financial Analysis, Elsevier, vol. 12(4), pages 421-433.
  32. Merton H. Miller & Franco Modigliani, 1961. "Dividend Policy, Growth, and the Valuation of Shares," The Journal of Business, University of Chicago Press, vol. 34, pages 411.
  33. SALMON, Pierre, 1999. "Modèles et mécanismes en économie: essai de clarification de leurs relations," LATEC - Document de travail - Economie (1991-2003) 1999-15, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
  34. Gérard Charreaux, 1998. "La théorie positive de l'agence:lecture et relectures..," Working Papers CREGO 0980901, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
  35. Jensen, Michael C. & Fama, Eugene F. & Long, John Jr. & Ruback, Richard S. & Schwert, G. William & Smith, Clifford Jr. & Warner, Jerold, 1989. "Clinical papers and their role in the development of financial economics," Journal of Financial Economics, Elsevier, vol. 24(1), pages 3-6, September.
  36. Isabelle Huault & Hélène Rainelli Le Montagner, 2007. "Innovations financières : construire et légitimer un nouveau marché financier de gré à gré," Post-Print halshs-00150768, HAL.
  37. Thorsten Beck & Asli Demirgüç-Kunt & Vojislav Maksimovic, 2005. "Financial and Legal Constraints to Growth: Does Firm Size Matter?," Journal of Finance, American Finance Association, vol. 60(1), pages 137-177, 02.
  38. Rutherford,Malcolm, 1996. "Institutions in Economics," Cambridge Books, Cambridge University Press, number 9780521574471, November.
  39. Mary Morgan, 2001. "Models, stories and the economic world," Journal of Economic Methodology, Taylor & Francis Journals, vol. 8(3), pages 361-384.
  40. Thomas Mayer, 2003. "Data Mining: A Reconsideration," Working Papers 9715, University of California, Davis, Department of Economics.
  41. Uskali Mäki, 2004. "Theoretical isolation and explanatory progress: transaction cost economics and the dynamics of dispute," Cambridge Journal of Economics, Oxford University Press, vol. 28(3), pages 319-346, May.
  42. Deirdre N. McCloskey & Stephen T. Ziliak, 1996. "The Standard Error of Regressions," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 97-114, March.
  43. Dewald, William G & Thursby, Jerry G & Anderson, Richard G, 1986. "Replication in Empirical Economics: The Journal of Money, Credit and Banking Project," American Economic Review, American Economic Association, vol. 76(4), pages 587-603, September.
  44. Eric M. Leeper & Christopher A. Sims & Tao Zha, 1996. "What Does Monetary Policy Do?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(2), pages 1-78.
  45. Caldwell, Bruce J, 1991. "Clarifying Popper," Journal of Economic Literature, American Economic Association, vol. 29(1), pages 1-33, March.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:dij:wpfarg:1080501. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angèle RENAUD)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.