France

The Structure of the Board of Directors: Boards and Governance Strategies in the US, the UK and Germany

The chapter continues and advances our earlier research on ‘Board Models in Europe’. We explore 'The Structure of the Board of Directors' with a view...

Do Bankruptcy Codes Matter? A Study of Defaults in France, Germany, and the UK

Related Party Transactions in France - A Critical Assessment

In France, the regulation of related party transactions (RPTs) involves three steps following the notification to the board of an RPT. First, the board...

Women Directors and E&S Performance: Evidence from Board Gender Quotas

Using the natural experiment created by France's 2011 board gender-quota law, we find that the presence of women on boards increases firms’...

Performance and Behavior of Family Firms: Evidence From the French Stock Market

Corporate Purpose: A Management Concept and its Implications for Company Law

Many companies have recently been following the so-called corporate purpose concept that is recommended by leading management scholars. To this end,...

Loyalty Shares with Tenure Voting - Does the Default Rule Matter? Evidence from the Loi Florange Experiment

The contractual theory of the firm predicts that companies adopt charters that maximise firm value, regardless of the default rule. We test this...