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Les bénéfices privés:une rupture de l'égalité entre actionnaires

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  • Julien Le Maux

    (Université Paris I Panthéon-Sorbonne)

Abstract

The notion of equality of shareholders, under the French civil code, jeopardized by the action of numerous minority shareholders in the courts or reported in the media. They seek, by these means, to prove that they have suffered loss through the extraction of "private benefits" by "control coalition". The purpose of this article is to propose a review of the academic works on this concept, which is attracting an increasing interest. After a definition of the principal concept and additional notions allowing a better understanding of the former, we will review the main articles on the matter.

Suggested Citation

  • Julien Le Maux, 2003. "Les bénéfices privés:une rupture de l'égalité entre actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 6(1), pages 63-92, March.
    • Handle: RePEc:dij:revfcs:v:6:y:2003:i:q1:p:63-92
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    More about this item

    Keywords

    private benefits; controlling shareholder; asymmetric information.;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy

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