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De l'influence du caractère familial des sociétés sur le cours de bourse

Isabelle Martinez

Revue française de gestion, 2002, vol. n° 139, issue 3, 91-106

Abstract: The author studies the reaction of the French market on the issuing of stocks by setting a distinction between the family and non-familiy character of the issuing enterprises. The investigation covers the period between 1991/1998 over a sample of 141 family and non-familiy societies quoted in France. The impact over the stock-exchange quotations of the shares and optional bonds, is different according to the type of the issuing society. The operators in the market do not seem to be neutral with respect to the type of control, to the capital and to the management of the enterprise.

Date: 2002
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