The French Post

Philippe Bance and Nathalie Rey

No 1405, CIRIEC Working Papers from CIRIEC - Université de Liège

Abstract: La Poste is the largest French employer after the state. Emblematic company of the French style public service, it has experienced over the last ten years profound transformations. The European liberalization has indeed resulted on a full opening to competition of the postal sector. La Poste is now a public enterprise whose French state retains all of the capital. It made profits in the last years without state aid in a context of contraction of its core business of mail. It is engaged in an active strategy of creation of subsidiaries to strengthen its multi-business model. It also wishes being a responsible corporate citizen, by undertaking public missions (universal service of mail and parcels; press distribution, Regional planning and development, banking accessibility) and by promoting a public-spirited culture. La Poste is thus a hybrid organization. The study clarifies the strengths and weaknesses of its model in a context that grows with increasing Europeanisation of business.

Keywords: Public enterprises; liberalization; public interest missions; corporate social responsibility. (search for similar items in EconPapers)
Date: 2014-05
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Persistent link: https://EconPapers.repec.org/RePEc:crc:wpaper:1405

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