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L’information boursière comme bien public. Enjeux et perspectives de la révision de la directive européenne « Marchés d’instruments financiers »

Hautcoeur, Pierre-Cyrille; Lagneau-Ymonet, Paul; Riva, … - Université Paris-Dauphine (Paris IX) - 2010

for financial markets that led to liquidity fragmentation and the privatization of market information. Drawing from …

Persistent link: https://www.econbiz.de/10011073693

The Impacts of Corporate Governance On the Performance of Privatized Firms In Vietnam

Tran Thi, Que Giang - Université Paris-Dauphine (Paris IX) - 2008

, Nash and Van Randenborgh (MNR 1994) by using the Wilcoxon and proportion tests to compare the pre- and post-privatization … studies, it has its shortcomings. Indeed, this method is unable to isolate the impact of privatization on firm performance … employed in this paper. Both approaches confirm that privatization in Vietnam brings about significant improvement in most …

Persistent link: https://www.econbiz.de/10010706886

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

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

Banking relationships and syndicated loans during the 2008 financial crisis

Alexandre, Hervé; Bouaiss, Karima; Refait-Alexandre, … - Université Paris-Dauphine (Paris IX) - 2014

The research shows that banking relationships are important to lending. However, few studies focus on the banking relationships in syndicated loans, although these loans have became a major source of financing. The last financial crisis clearly shows the impacts of credit rationing and...

Persistent link: https://www.econbiz.de/10010960595

Does a banking relationship help a firm on the syndicated loans market in a time of financial crisis?

Refait-Alexandre, Catherine; Bouaiss, Karima; … - Université Paris-Dauphine (Paris IX) - 2011

The volume of credit granted in the form of syndicated loans saw a marked downturn in 2008. This article seeks to understand how certain firms were nonetheless able to benefit from larger facilities or a lower interest rate than others. Using a sample of syndicated loans issued in 2008 in North...

Persistent link: https://www.econbiz.de/10010707257

Les performances des entreprises électriques européennes

Lautier, Delphine - Université Paris-Dauphine (Paris IX) - 2003

Since the end of the eighties, the European electric sector has been progressively liberalised. This phenomenon has given a growing part to the financial markets in the valuation and the control of the firm's activities. With the privatisation, the management's efficiency has become the main...

Persistent link: https://www.econbiz.de/10011166470

How to design institutional frameworks for markets: New institutional economics meet the needs of industrial organization

Brousseau, Eric; Nicita, Antonio - Université Paris-Dauphine (Paris IX) - 2010

The key role of institutions for economic performance has recently been acknowledged in the economic policy debate. This paper aims at pointing out the main policy lessons and the recommendations to be drawn from New Institutional Economics (NIE), when considering the organization of markets. We...

Persistent link: https://www.econbiz.de/10010765457

Public and Private Complementarities in Securing Exchange: Introduction to Part I

Brousseau, Eric; Glachant, Jean-Michel - Université Paris-Dauphine (Paris IX) - 2014

Persistent link: https://www.econbiz.de/10010783752

Management control system in public administration: beyond rational myths

Dreveton, Benjamin; Berland, Nicolas - Université Paris-Dauphine (Paris IX) - 2006

The implementation of management control devices in the public sector is a very difficult challenge, especially if these devices come from private sector. Through two case studies, this paper analyses how two public organizations have implemented management control systems. We point out that...

Persistent link: https://www.econbiz.de/10010905258