Les entreprises à mission : Formes, modèle et implications d’un engagement collectif

Abstract : In recent years, several states have introduced new corporate forms into their commercial law, which requires the commitment of shareholders towards a “mission”. By stipulating their purposes in their documents, these companies appear as a paradox for literature on corporate governance: would such a commitment not hamper strategic flexibility and undermine the monitoring of management? Is it not likely to deter shareholders' investments? The aim of this thesis is to explain the emergence of "mission-driven companies", to understand their motivations, but also to characterize the alternative model of governance they draw and the significance of this model in management science.First, the analysis of the process of emergence and design of these mission-driven forms in the United States enables us to enrich the classical model of the corporate contract, by showing that such a contract can have restrictive effects on the collective purposes if it only contains a commitment on invested resources, or provisions on the distribution of decision rights or value created to stakeholders.The thesis proposes, in a second step, a model of the "mission": by specifying desirable, yet potentially inventive, properties of the upcoming collective action, the mission calls for the design of novel strategies aiming at building new commons and collective interests. This model reveals, beyond the new legal forms, a wider class of “mission-driven” organizations, of which we can observe numerous variations both historically and currently.Finally, the thesis examines the systems of governance of mission-driven companies. A study of contrasting cases shows original devices combining control of the strategic exploration and solidarity mechanisms. The mission thus opens fruitful perspectives to explore new possible systems of solidarity.
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Kevin Levillain. Les entreprises à mission : Formes, modèle et implications d’un engagement collectif. Gestion et management. Ecole Nationale Supérieure des Mines de Paris, 2015. Français. ⟨NNT : 2015ENMP0010⟩. ⟨tel-01178862⟩

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