Governing the profit-with-purpose corporation: a study of the first mission committees from the perspective of their composition

Gouvernance de la société à mission: étude des premiers comités de mission au prisme de leur composition

Jérémy Lévêque (), Blanche Segrestin and Kevin Levillain
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Jérémy Lévêque: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Blanche Segrestin: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Kevin Levillain: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique

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Abstract: Being French, "société à mission" introduces a new governance mechanism, the mission committee, independent of the board of directors. This article aims to characterize better the practical and distinctive features of such a body. It is based on a study of its members. On the one hand, this research highlights original compositions that depart from the professional governance of boards, in this case, constructed in close connection with the objectives set out in the mission statement. Secondly, the analysis highlights forms of relationship between boards of directors and mission committees through cross-shareholdings. Finally, it outlines an original role for its independent members, combining representation and expertise. Finally, the article discusses the potential of deliberative and reflective governance of this kind for responsible innovation.

Keywords: profit-with-purpose corporation; responsible governance; Mission committee; Board of directors; société à mission; gouvernance responsable; comité de mission; conseil d’administration (search for similar items in EconPapers)
Date: 2023-10-17
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Published in Changer ou s’effondrer ?, RIODD, Oct 2023, Lille, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04244759

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