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The second financialization in France

Pierre Francois () and Claire Lemercier ()
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Pierre Francois: CSO - Centre de sociologie des organisations (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique
Claire Lemercier: CSO - Centre de sociologie des organisations (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique

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Abstract: This chapter studies the careers of CEOs in the 120 largest publicly listed French firms, as well as that of the persons who sat in at least two of their boards in 2009. In this population, the main divide opposes the careers that took place, partly or completely, in financial firms to those that did not. Far from being the product of the recent financialization, however, this under-studied divide already existed in 1979 and 1956. Comparing these cohorts with the more recent one allows the authors to assess the remarkable stability of the financial careers of French executives and directors, be they part of the State nobility or not.

Keywords: France; Financial careers; Directors; New conception of control; Executives (search for similar items in EconPapers)
Date: 2017-07
New Economics Papers: this item is included in nep-hme
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01864860
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Published in Finance at Work, Routledge, pp.142 - 155, 2017, 9781138204034

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