Gouvernement des entreprises et stratégie du dirigeant:une étude clinique dans le secteur de l'assurance

Fabrice Roth ()
Additional contact information
Fabrice Roth: Université Robert Schuman Strasbourg 3

Revue Finance Contrôle Stratégie, 2000, vol. 3, issue 4, pages 179-199

Abstract: This article is about the way of combining different governance mechanisms during the decision-making process. In particular, we study the strategic growth of AXA, an insurance group, from 1987 to 1994, and how its manager used mutual-specific governance mechanisms to maintain his discretionary power. We focus on the parent company, a mutual, and on its board of director's membership and its specialization. We also show how important informal mechanisms, like corporate culture and manager networks are for acquiring firms.

Keywords: corporate governance; insurance; managerial discretion. (search for similar items in EconPapers)
Date: 2000

Downloads: (external link)
http://www.u-bourgogne.fr/LEG/rev/034199.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:dij:revfcs:v:3:y:2000:i:q4:p:179-199

Ordering information: This journal article can be ordered from
Economica, 49,rue Héricart, 75015 Paris, France

Access Statistics for this article

Revue Finance Contrôle Stratégie is edited by Albert David

More articles in Revue Finance Contrôle Stratégie from Editions Economica
Address: 49,rue Héricart,75015 Paris, France
Series data maintained by Gérard Charreaux ().