Les rachats d'action: une forme évoluée du « compte de l'exploitant » ?
Laurent Batsch
ACCRA, 1999, vol. 5, issue 1, 77-82
Abstract:
In public companies, the registered capital is fixed. The stock repurchase may be analyzed as an attempt to introduce more variability in the capital. Though such repurchases, the shareholders manage the stock capital as the traditional owner operator account. They seek to obtain the flexibility of a one-man business.
Keywords: registered capital; operator account; stock repurchase (search for similar items in EconPapers)
Date: 1999
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