Essec\Faculty\Model\Contribution {#2233
  #_index: "academ_contributions"
  #_id: "4952"
  #_source: array:26 [
    "id" => "4952"
    "slug" => "partial-acquisitions-and-dilution-of-minority-shareholders-wealth"
    "yearMonth" => "2002-06"
    "year" => "2002"
    "title" => "Partial Acquisitions and Dilution of Minority Shareholders Wealth"
    "description" => "CHARLETY-LEPERS, P., FAGART, M.C. et SOUAM, S. (2002). Partial Acquisitions and Dilution of Minority Shareholders Wealth. Dans: <i>AFFI Proceedings 2002</i>. Association Française de Finance (AFFI)."
    "authors" => array:3 [
      0 => array:3 [
        "name" => "CHARLETY-LEPERS Patricia"
        "bid" => "B00000096"
        "slug" => "charlety-lepers-patricia"
      ]
      1 => array:1 [
        "name" => "FAGART M.C."
      ]
      2 => array:1 [
        "name" => "SOUAM S."
      ]
    ]
    "ouvrage" => "AFFI Proceedings 2002"
    "keywords" => []
    "updatedAt" => "2021-04-19 17:57:25"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => null
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Actes d'une conférence"
      "en" => "Conference Proceedings"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "(Site Internet). Le modèle examine les conséquences économiques (prix, quantités et profits) et financières (prix des actions, transferts de richesse entre actionnaires) des prises de participation dans un marché oligopolistique. Les résultats montrent que des prises de participation réalisées à l'initiative d'actionnaires de contrôle ont lieu à l'équilibre, même en absence d'économies d'échelle. Elles profitent à cet actionnaire au détriment des minoritaires de sa société ou de ceux de l'entreprise visée, aux entreprises concurrentes et sont toujours néfastes pour les consommateurs (augmentation des prix)."
      "en" => "Our model examines the real economic (prices, quantities and profits) and financial (share prices, wealth transfers between shareholders) consequences of partial acquisitions in an oligopolistic market. Our results show that such operations done at the initiative of a controlling shareholder exist in equilibrium even in the absence of economies of scale, that they benefit the controlling shareholder, harm minority shareholders of his or the target company, benefit competitors and always harm consumers because of the increase in prices."
    ]
    "authors_fields" => array:2 [
      "fr" => "Economie"
      "en" => "Economics"
    ]
    "indexedAt" => "2024-12-27T07:21:49.000Z"
    "docTitle" => "Partial Acquisitions and Dilution of Minority Shareholders Wealth"
    "docSurtitle" => "Actes d'une conférence"
    "authorNames" => "<a href="/cv/charlety-lepers-patricia">CHARLETY-LEPERS Patricia</a>, FAGART M.C., SOUAM S."
    "docDescription" => "<span class="document-property-authors">CHARLETY-LEPERS Patricia, FAGART M.C., SOUAM S.</span><br><span class="document-property-authors_fields">Economie</span> | <span class="document-property-year">2002</span>"
    "keywordList" => ""
    "docPreview" => "<b>Partial Acquisitions and Dilution of Minority Shareholders Wealth</b><br><span>2002-06 | Actes d'une conférence </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Partial Acquisitions and Dilution of Minority Shareholders Wealth</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 8.619389
  +"parent": null
}