More than one third of companies listed in the FTSE EUROFIRST 300 index are governed accordingly to principles differing from the One share – One vote standards. These exceptions could be illustrated by several practices such as Scandinavian multiple voting shares, non voting shares as seen in...

One of the drivers of university reforms in Europe over the last decade has been the need for a better harmonization of degrees and pedagogical systems. Launched by governments with a clear political objective – improve the competitiveness of Europe on a world scale – the European...

An NP-hard variant of the single-source Capacitated Facility Location Problem is studied, where each facility is composed of a variable number of fixed-capacity production units. This problem, especially the metric case, has been recently studied in several papers. In this paper, we only...

In their classic formulations, valid to this day, the issue of self-preservation is foundational for both political science and economics. In order to fixate this concept, the Modern theorists relied upon various assumptions about human nature. Due to the advances of biology and evolutionary...

As a reaction to the corporate scandals of the early 2000s, the US Administration dramatically tightened sanctions against managers who disclose misleading financial information. This paper argues that such a reform might come with some unpleasant macroeconomic effects. The model is cast as a...

The biological sciences are, sooner or later, confronted with Politics as a place of purposes definition to aim for the common life quality of human beings. They represent reciprocally a balustrade against politic roaming which would subjugate the living being to its ends. The ultimate canvas of...

In general, capitalist countries display sustained growth, dynamism and innovation, and a high adaptability in response to external shocks. Yet in the last twenty years discontent over the notorious drawbacks of capitalism – corporate frauds, corruption, abuses of market power – has grown...

In this paper we address the issue of building a repeat sales index, based on factors. This is an extension of a companion paper, Baroni, Barthélémy and Mokrane (2001, BBM) in which we had built a factorial index as a selected linear function of existing economics and financial variables. Here...

This paper reviews existing literatures on the analysis of performance appraisal (PA) paying special attention to those which try to take into account the “social context” of appraisal systems and processes. The special place of political action within these processes is underlined and the...

If a dollar denominated external debt comes with so many risks, why do emerging economies allow for such an imbalance to accumulate ? The explanation provided in this paper builds on a simple signaling model. By assumption, lenders have no direct possibility to infer a firm’s financial stance....