Augmentation de capital en numéraire, risque de dilution et ingénierie : étude comparative

Abstract EN

Thiis sttudy aiims tto expllaiin and anallyze tthe iimpactt off publliic saviings offffer made by corporattiions iin ttheiir ownershiip sttructture,, ttheiir earniing per share..

Moreover,, tthiis sttudy iis iintterestted by tthe rellattiionshiip bettween ownershiip sttructture and tthe governance off corpora- ttiions,, ttheiir perfformance,, ttheiir vallue and tthe modalliitty by whiich change iin ownershiip sttruc- tture are conttrolllled and diirectted,, especiialllly by use off ffiinanciiall engiineeriing productts and ttechniiques..

The resulltts iindiicatte tthatt iin France tthere iis a corporatte governance fframe work,, such as proviide a compllette fframe work ffor tto handlle changes iin tthe ownershiip sttructtures off French companiies iin ffavor off nattiionall refference sharehollders..

Butt,, iin Allgeriia tthe 51%//49 % rulle iis consiidered as tthe onlly fframework tto conttroll tthe ownershiip sttructture changes iin Allgeriian companiies..