Le conseil d'administration: évolution des rôles dans les mutations du capitalisme

Hazar Ben Barka and Luc Marco ()
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Luc Marco: CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique

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Abstract: The research aims to study the Board of Directors' spot on capitalism transitions. Methodology connecting historical and critical literature review was engaged to conduct our analysis. Since the early 20th century three capitalisms have succeeded: the managerial, the shareholder and the stakeholder. Organizations theories have tried to describe these changes and mainly corporate governance models that result. This capitalism' mutations stressed privileged actors who have influenced and governed company. Our development focuses on the Board of directors with reference to the other two key governance actors: shareholders and managers. The results emphasize the importance of trust and control as two interdependent elements in the definition of CA functioning.

Keywords: Organizations theories; France; Board of directors; capitalism’ mutations; Mutations; Capitalisme; Conseil d’administration; Théories des organisations (search for similar items in EconPapers)
Date: 2016-06-17
New Economics Papers: this item is included in nep-his
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