Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale
The article deals with Caisse des dépôts et consignations’ (CDC) holdings in real estate since the 1950s. The shareholder strategies of this public financial institution are characterized by a gradual increase in profitability logics, modelled on those of private financial actors. However, these dev...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Association Recherche & Régulation
2021-07-01
|
| Series: | Revue de la Régulation |
| Subjects: | |
| Online Access: | https://journals.openedition.org/regulation/19030 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832577987345645568 |
|---|---|
| author | Raphaël Frétigny |
| author_facet | Raphaël Frétigny |
| author_sort | Raphaël Frétigny |
| collection | DOAJ |
| description | The article deals with Caisse des dépôts et consignations’ (CDC) holdings in real estate since the 1950s. The shareholder strategies of this public financial institution are characterized by a gradual increase in profitability logics, modelled on those of private financial actors. However, these developments are proving to be more complex than outright submission to financial market standards. Through methods that vary over time, CDC supports housing policies to the detriment of the rise in dividends. From a historical perspective, this case reveals how the public shareholding is not transformed by a coherent general plan or a radical submission of the public financial elites to the standards of the financial market, but rather by small, sometimes contradictory steps by public actors in reaction to the economic and political context. |
| format | Article |
| id | doaj-art-c7ce17e5eb0f4ba9be40e7966686fc8a |
| 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-c7ce17e5eb0f4ba9be40e7966686fc8a2025-01-30T14:26:05ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962021-07-0130110.4000/regulation.19030Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondialeRaphaël FrétignyThe article deals with Caisse des dépôts et consignations’ (CDC) holdings in real estate since the 1950s. The shareholder strategies of this public financial institution are characterized by a gradual increase in profitability logics, modelled on those of private financial actors. However, these developments are proving to be more complex than outright submission to financial market standards. Through methods that vary over time, CDC supports housing policies to the detriment of the rise in dividends. From a historical perspective, this case reveals how the public shareholding is not transformed by a coherent general plan or a radical submission of the public financial elites to the standards of the financial market, but rather by small, sometimes contradictory steps by public actors in reaction to the economic and political context.https://journals.openedition.org/regulation/19030financializationreal estatepublic financeCaisse des dépôtssocial housing |
| spellingShingle | Raphaël Frétigny Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale Revue de la Régulation financialization real estate public finance Caisse des dépôts social housing |
| title | Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale |
| title_full | Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale |
| title_fullStr | Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale |
| title_full_unstemmed | Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale |
| title_short | Ce que peut la finance publique : la Caisse des dépôts actionnaire dans l’immobilier depuis la Seconde Guerre mondiale |
| title_sort | ce que peut la finance publique la caisse des depots actionnaire dans l immobilier depuis la seconde guerre mondiale |
| topic | financialization real estate public finance Caisse des dépôts social housing |
| url | https://journals.openedition.org/regulation/19030 |
| work_keys_str_mv | AT raphaelfretigny cequepeutlafinancepubliquelacaissedesdepotsactionnairedanslimmobilierdepuislasecondeguerremondiale |