Évolution de l’actionnariat dans les sociétés à mission: étude exploratoire en France

Xavier Hollandts (), Marie Baudoux, Carine Girard-Guerraud, Karima Bouaiss () and Clémentine Bourgeois
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Xavier Hollandts: Kedge BS - Kedge Business School
Marie Baudoux: Kedge BS - Kedge Business School
Carine Girard-Guerraud: Audencia Business School
Karima Bouaiss: LUMEN - Lille University Management Lab - ULR 4999 - Université de Lille
Clémentine Bourgeois: ECODEVELOPPEMENT - Ecodéveloppement - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: This article investigates the nature and structure of shareholding in companies that became "Société à Mission" (SAM) following the French's PACTE Act (2019). Presenting the first exploratory quantitative study on 102 SAM, our results reveal a marked evolution in ownership structure between 2014 and 2021. After transitioning to SAM status, ownership tends to become more concentrated and stable, while the share held by employees and public actors increases, thus supporting the mission objectives.

Keywords: Shareholder engagement; CSR; Shareholding; Corporate purpose; Corporate governance; Engagement actionnarial; Gouvernance d’entreprise; Société à mission; Actionnariat; RSE (search for similar items in EconPapers)
Date: 2025-10
Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-05590105v1
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Published in Entreprise & société, 2025, 1 (17), pp.61-84. ⟨10.48611/isbn.978-2-406-20366-7.p.0061⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05590105

DOI: 10.48611/isbn.978-2-406-20366-7.p.0061

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