L'efficacité des privatisations françaises: une vision dynamique à travers la théorie de la gouvernance

Hervé Alexandre () and Gerard Charreaux

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Abstract: A reading of the process of privatization through the corporate governance theory leads to propose a model taking into account, on the one hand, the time dimension of the process of privatization, on the other hand, the contextual, organizational, governance and strategic variables which influence this process. After replicating some traditional tests, we test this model on a sample of French privatized firms and on a seven years horizon. The positive effect traditionally attributed to privatizations is not confirmed. The importance of the effect is subordinated to some of the suggested variables.

Keywords: Gouvernance des entreprises; Privatisation (search for similar items in EconPapers)
Date: 2004-07
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Published in Revue Economique, 2004, 55 (4), ⟨10.3917/reco.554.0791⟩

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Related works:
Journal Article: L'efficacité des privatisations françaises. Une vision dynamique à travers la théorie de la gouvernance (2004)
Working Paper: L'efficacité des privatisations françaises: une vision dynamique à travers la théorie de la gouvernance (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01637909

DOI: 10.3917/reco.554.0791

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