Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme

In the post-war period, state holdings may have appeared to be governed by different rules to the free market. Some, such as EDF, France Télécom or SNCF, even became symbols of public service although profit-making already constrained their governance. From the 1990s onwards, the figure of the share...

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Main Authors: Hadrien Coutant, Antoine Ducastel, Scott Viallet-Thévenin
Format: Article
Language:English
Published: Association Recherche & Régulation 2021-07-01
Series:Revue de la Régulation
Subjects:
Online Access:https://journals.openedition.org/regulation/20029
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author Hadrien Coutant
Antoine Ducastel
Scott Viallet-Thévenin
author_facet Hadrien Coutant
Antoine Ducastel
Scott Viallet-Thévenin
author_sort Hadrien Coutant
collection DOAJ
description In the post-war period, state holdings may have appeared to be governed by different rules to the free market. Some, such as EDF, France Télécom or SNCF, even became symbols of public service although profit-making already constrained their governance. From the 1990s onwards, the figure of the shareholding state emerged as an attempt to rationalize the ways of governing public companies through instruments and practices derived from finance. This rationalization influences the objectives pursued by the state. Indeed, operators of public shareholdings seek, conceptually and operationally, to align the tools of profit and the market with the general interest in a context of financialization of the economy and rationalization of the state. These transformations reveal the dominant conception of the economy and state intervention among economic policymakers.
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institution Kabale University
issn 1957-7796
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publishDate 2021-07-01
publisher Association Recherche & Régulation
record_format Article
series Revue de la Régulation
spelling doaj-art-6e80e4aaae6345e8acdebaee4bbf5a2f2025-01-30T14:27:31ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962021-07-0130110.4000/regulation.20029Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalismeHadrien CoutantAntoine DucastelScott Viallet-ThéveninIn the post-war period, state holdings may have appeared to be governed by different rules to the free market. Some, such as EDF, France Télécom or SNCF, even became symbols of public service although profit-making already constrained their governance. From the 1990s onwards, the figure of the shareholding state emerged as an attempt to rationalize the ways of governing public companies through instruments and practices derived from finance. This rationalization influences the objectives pursued by the state. Indeed, operators of public shareholdings seek, conceptually and operationally, to align the tools of profit and the market with the general interest in a context of financialization of the economy and rationalization of the state. These transformations reveal the dominant conception of the economy and state intervention among economic policymakers.https://journals.openedition.org/regulation/20029capitalismeconomic sociologyfinancializationcorporate governanceFranceorganizational change
spellingShingle Hadrien Coutant
Antoine Ducastel
Scott Viallet-Thévenin
Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme
Revue de la Régulation
capitalism
economic sociology
financialization
corporate governance
France
organizational change
title Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme
title_full Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme
title_fullStr Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme
title_full_unstemmed Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme
title_short Concilier le profit et l’intérêt général : l’État actionnaire dans les dynamiques historiques du capitalisme
title_sort concilier le profit et l interet general l etat actionnaire dans les dynamiques historiques du capitalisme
topic capitalism
economic sociology
financialization
corporate governance
France
organizational change
url https://journals.openedition.org/regulation/20029
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AT antoineducastel concilierleprofitetlinteretgeneralletatactionnairedanslesdynamiqueshistoriquesducapitalisme
AT scottvialletthevenin concilierleprofitetlinteretgeneralletatactionnairedanslesdynamiqueshistoriquesducapitalisme