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Gouvernement des entreprises et stratégie du dirigeant:une étude clinique dans le secteur de l'assurance

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  • Fabrice Roth

    (Université Robert Schuman Strasbourg 3)

Abstract

This article is about the way of combining different governance mechanisms during the decision-making process. In particular, we study the strategic growth of AXA, an insurance group, from 1987 to 1994, and how its manager used mutual-specific governance mechanisms to maintain his discretionary power. We focus on the parent company, a mutual, and on its board of director's membership and its specialization. We also show how important informal mechanisms, like corporate culture and manager networks are for acquiring firms.

Suggested Citation

  • Fabrice Roth, 2000. "Gouvernement des entreprises et stratégie du dirigeant:une étude clinique dans le secteur de l'assurance," Revue Finance Contrôle Stratégie, revues.org, vol. 3(4), pages 179-199, December.
    • Handle: RePEc:dij:revfcs:v:3:y:2000:i:q4:p:179-199
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    Cited by:

    1. Fabrice Roth, 2002. "La gouvernance des entreprises d’assurance : les atouts des formes mutuelles," Revue d'Économie Financière, Programme National Persée, vol. 67(3), pages 181-192.
    2. Fabrice Roth, 2012. "Crise et régulation des marchés financiers : Quel impact sur les formes mutuelles dans l'assurance ?," Working Papers halshs-00692342, HAL.

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