Le marché de la cession-reprise d'entreprises: Analyse de l'efficacité des bourses d'opportunités

Françoise Bastié () and Sylvie Cieply ()
Additional contact information
Françoise Bastié: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique
Sylvie Cieply: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: One third of entrepreneurs are going to withdraw within the next future in Europe. Business transfers are complex and suffer from lots of imperfections. Business transfers suffer not only from informational asymmetries but from the revision of stakeholders' beliefs as soon as they know the project of business transfer. In this article, we study the solution proposed by the European Commission which is centred on the organisation of transparent markets for business transfers. However, the weak standardization of information and the lack of certification limit the efficiency of this solution. Measures to reduce these disadvantages are recommended.

Keywords: Transfers of business; Buy-Out; Adverse selection; Audit; Cessions; Reprises; Transmissions; Secret; Bourses d'opportunités; Stakeholders; Audit. (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Published in Revue d'économie industrielle , 2007, 117, pp.9-22

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00150294

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().