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The Overall Management of French State-Owned Companies in Question

In: Handbook of Top Management Teams

Author

Listed:
  • Franck Brillet
  • Gilles Ménardière

Abstract

The desire to improve the management of state-owned companies is becoming a matter of current concern, most especially for those in monopoly positions, which are confronted with major changes and have to open up to competition and market forces, or soon will have to (cf. the French example of EDF, the electricity company). This requirement is an essential part of the European structures, in the name of the free movement of both capital and the provision of services. In accordance with the European Community treaty, article 86, France is obliged to respect the laws of competition. Henceforward, states are not to treat state-owned companies in such a way as to ‘prevent, restrict or distort the law of competition’. Above and beyond the matter of respecting the rules of competition, the real question arising is that of the future of public service companies in Europe. Electricity, gas and telecommunications have already been opened up to competition. These changes derive from the very structure of the European Community, and likewise from a redefinition of public services and of state-owned companies.

Suggested Citation

  • Franck Brillet & Gilles Ménardière, 2010. "The Overall Management of French State-Owned Companies in Question," Palgrave Macmillan Books, in: Frank Bournois & Jérôme Duval-Hamel & Sylvie Roussillon & Jean-Louis Scaringella (ed.), Handbook of Top Management Teams, chapter 74, pages 633-646, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30533-5_75
    DOI: 10.1057/9780230305335_75
    as

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