This project is carried out in the scope of a call for proposals from the General Department for Enterprises (Direction Générale des Entreprises -DGE-) from the Ministry of Economy and Finances. We aim first to draw a panorama of various governance changes: shifts in senior management and/or sharholding (when a new legal entity becomes the main shareholder), and the evolution of these various governance models over a 10 year span. This descriptive analysis will be completed by a static analysis, over a given year, of the economic performance of companies which have undergone certain types of governance shifts (or on the other hand status quo). Secondly this research project will consist of an econometric evaluation of the effects of these various shifts on economic performance (as opposed to those for which no change has occurred).
A study of the effects of business ownership transfers
Data provided through CASD (5)