Les actionnaires minoritaires

Carine Girard

Revue française de gestion, 2002, vol. 141, issue 5, 183-202

Abstract: Considered long time ago as passive shareholders, the minority shareholders do no more hesitate to unite in order to try influencing over the value of their stocks. Starting from a literature review concerning a ?battle of proxy? and an ?institutional activism? as well as from a record of French enterprises aimed at by discontented shareholders, from 1989 up-to 2000 the author presents the incentives and the consequences of a process of arguments related to the wealth of the shareholders and to the governance system of the enterprises referred to.

Date: 2002
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