Sens privé, sens commun ?

Jean-Michel Severino

Revue d'économie financière, 2023, vol. N° 151, issue 3, 53-65

Abstract: This article discusses the transformation of the concept of corporations in the contemporary world and how it is driven to be a new contributor to global public goods. Heir to a vision of the company as a simple generator of profit, our society is evolving under the combined pressure of consumers, employees, regulators, but also managers and shareholders, in a world marked by the appearance of public causes, to which companies are summoned to contribute. The article proposes to redefine the corporation on the basis of the value it generates. That will put into perspective the new vision of public policy, as well as corporate strategy, that is emerging. JEL classification: A13, D21, H04, L21, M14.

JEL-codes: A13 D21 L21 M14 (search for similar items in EconPapers)
Date: 2023
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