We exploit one of the largest reform of dividend taxation in France in 2012 to estimate the effect of an increase in dividend tax rate on corporate policies, using administrative data covering the universe of firms and employees. In a difference-in-difference setting, we find that exposed firms...

Type of Paper: Exploratory, descriptive, case study Objectives: In the wake of the global crisis, the role of the financial markets is being questioned and new forms of social innovations focusing on stakeholder governance and cooperation are being experimented. This paper looks into one such...

One way by which microentrepreneurs can increase their ability to take debt is to take equity alongside, thus respecting prudent ratios and reducing stress. But microequity has not developed in most of the developing world. At the same time, since 1983, microequity has been started in France...

Bosses and managers from atypical backgrounds have succeeded in avoiding socially pre-determined outcomes byturning their differences into resources. This did not, however, mean that theybecame "normal". They are leaders, but they remain excluded from convened socialpositions. This distance...