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Efficiency of French privatizations: a dynamic vision
Gérard, Charreaux; Alexandre, Hervé - Université Paris-Dauphine (Paris IX) - 2004
We interpret privatization in light of corporate governance theory. After replicating some traditional tests, we test … whatever positive value accrues from privatization is affected by the contextual, organizational, governance, and strategic … variables that influence the privatization process. …
Persistent link: https://www.econbiz.de/10010708641
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Efficacité des structures de contrôle et enracinement des dirigeants
Alexandre, Hervé; Paquerot, Mathieu - Université Paris-Dauphine (Paris IX) - 2000
In the theoretical framework of corporate governance this article studies the efficiency of the control exerted by the …
Persistent link: https://www.econbiz.de/10010861596
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Impact de l'intervalle d’échantillonnage sur les tests d’efficience : application au marché français des actions
Alexandre, Hervé; Ertur, Kamil Cem - Université Paris-Dauphine (Paris IX) - 1994
Efficiency of financial markets is one of the most studied subjects in theoretical finance. Formalization of this idea is realised by the random walk model. Numerous tests have been developed to validate the hypothesis of identically and independently distributed innovations. But the results of...
Persistent link: https://www.econbiz.de/10011096649
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Les privatisations
Alexandre, Hervé - Université Paris-Dauphine (Paris IX) - 2006
Privatization is an old phenomenon but with important changes for the ten last years. According to the movement …
Persistent link: https://www.econbiz.de/10010708537