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Corporate governance in France

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Ling-en HSIA
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How corporate governance works in France. Par le même auteur, découvrez le site www.web-wonders.fr. Un site qui compile les meilleurs sites anglophones encore inexplorés.

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CORPORATE GOVERNANCE Jean-ChristopheEteki Ling-en Hsia
Vienot (1995,1999) & Bouton (2002) reports Initiativeof the AFEP & MEDEF PublicLimitedCompany (S.A.) operatingwithBoard of directors (BoD) Referenceframe
OBJECTIVES Specifyprinciplesfor a goodgovernance and fortransparency ,[object Object],[object Object]
CHARACTERISTICS OF THE DIRECTORS Honest Skilled Goodunderstanding of thefunctioning Working in theinterest of theshareholders Involved Representtheshareholders as a whole
INDEPENDENT DIRECTORS  Directors who are not owners or managers or any other kind of association. Proportion: - ½ if no Control Shareholder - 1/3 otherwise
THE ACCESS TO THE INFORMATION OF THE DIRECTORS ,[object Object]
Communication of the chairman and the CEO
Communication of the companies,[object Object]
THE BOARD COMMITTEES The number and the structure of the committees depend on each board. ,[object Object]
The selection of the auditors,
Payment and “stock options” policy,
The appointment of the directors and corporate officers.,[object Object]
COMPENSATION COMMITTEE Composition Operating modalities Remuneration of the directors The “Stock Options”
SELECTION COMMITTEE AND APPOINTMENTS COMMITTEE The Selection or appointments committee role Selection of new directors

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