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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Association Recherche & Régulation
2021-07-01
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Series: | Revue de la Régulation |
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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. |
format | Article |
id | doaj-art-6e80e4aaae6345e8acdebaee4bbf5a2f |
institution | Kabale University |
issn | 1957-7796 |
language | English |
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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