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The program of French privatizations is one of the principal worldwide programs as for the volume of the equity issues. A reading of the process of privatization through the corporate governance theory resulted in working out a model making it possible to take into account, on the one hand, the...
Persistent link: https://www.econbiz.de/10005466888
Le programme de privatisation français est l'un des principaux programmes mondiaux quant au volume des émissions. Une lecture du processus de privatisation à travers la théorie de la gouvernance des entreprises a conduit à élaborer un modèle permettant de prendre en compte, d'une part, la...
Persistent link: https://www.econbiz.de/10005111305
We propose an economic analysis of the individual behaviour as regards vaccination extending the one carried out by Geoffard et Philipson [1997] in two directions: the ability of individuals to perform rational expectations and the updating of individual perceptions of the value of vaccination...
Persistent link: https://www.econbiz.de/10008578575
A reading of the process of privatization through the corporate governance theory leads to propose a model taking into account, on the one hand, the time dimension of the process of privatization, on the other hand, the contextual, organizational, governance and strategic variables which...
Persistent link: https://www.econbiz.de/10008578844
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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
The main task of this paper is to confront two classical measures of default risk of the issuer, the rating and the spread. The first is attributed by agencies specialized in this activity (Standard and Poor's or Moody's) while the second results directly from the market price of the bond. This...
Persistent link: https://www.econbiz.de/10010707346