L'influence des investisseurs institutionnels sur le pilotage des entreprises

Nicolas Mottis and Jean-pierre Ponsard

Revue française de gestion, 2002, vol. 141, issue 5, 225-248

Abstract: The rising power of the financial authority over the internal management of the enterprises, entails a change in the power ratio between the shareholders and the managers. This article gives a particular importance to two changes which took place within this frame: the financial communications and the alignment of the managers? incitements to match to the shareholders?targets.

Date: 2002
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