The Mills Companies in Occitanie: Emergence and Governance of Centuries-Old Joint-Stock Companies (notice n° 157142)

détails MARC
000 -LEADER
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005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250112031832.0
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title fre
042 ## - AUTHENTICATION CODE
Authentication code dc
100 10 - MAIN ENTRY--PERSONAL NAME
Personal name Le Bris, David
Relator term author
245 00 - TITLE STATEMENT
Title The Mills Companies in Occitanie: Emergence and Governance of Centuries-Old Joint-Stock Companies
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2018.<br/>
500 ## - GENERAL NOTE
General note 97
520 ## - SUMMARY, ETC.
Summary, etc. Starting from the Middle-Age, a novel type of corporate governance developed on the banks of Occitanian rivers to manage mills organized as shareholding companies. To address timeless issues created by the separation between ownership and control, these companies find solutions that are often very close to modern ones. Shareholders benefit from limited liability, take major decisions during general assembly meetings, nominate directors and account auditors to look after their interests and put in place monitoring policies. Other aspects are more original such as a policy of no free-cash-flows, directors with annual mandates, and the obligation for a designated shareholder to work for the good of the company. To understand this original governance, the context of the emergence of these companies is first presented. JEL Codes: G32, G34, N5, N23.
700 10 - ADDED ENTRY--PERSONAL NAME
Personal name Goetzmann, William N.
Relator term author
700 10 - ADDED ENTRY--PERSONAL NAME
Personal name Pouget, Sébastien
Relator term author
786 0# - DATA SOURCE ENTRY
Note Revue d'économie financière | 130 | 2 | 2018-07-27 | p. 55-69 | 0987-3368
856 41 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2018-2-page-55?lang=en">https://shs.cairn.info/journal-revue-d-economie-financiere-2018-2-page-55?lang=en</a>

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