Réglementation des marchés financiers - Le rôle de la gouvernance d'entreprise
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Les objectifs de cette �tude sont les suivants: a) Examiner certaines des principales irr�gularit�s qui ont persist� au sein du syst�me financier en Inde entre 1991 et 2001. b) Comprendre les mesures de r�glementation financi�re adopt�es apr�s la fraude boursi�re de 1991 en Inde et expliquer pourquoi, malgr� ces mesures, une nouvelle fraude boursi�re s'est produite en 2001. c) d'examiner la structure th�orique de la gouvernance d'entreprise afin d'analyser les escroqueries boursi�res survenues dans les ann�es 1990 et au d�but du nouveau mill�naire. Si la lib�ralisation a apport� des avantages substantiels en termes d'am�lioration de la transparence, elle a �galement ouvert la voie � des cas de mauvaise gouvernance d'entreprise. Cela implique que le m�canisme par lequel les institutions juridiques garantissent aux bailleurs de fonds un retour sur investissement n'est ni suffisant ni appropri�. Les tendances r�centes observ�es tout au long des ann�es 1990 en Inde et � l'�tranger r�v�lent que la gouvernance d'entreprise n'a pas �t� totalement efficace, permettant � des individus sans scrupules et opportunistes de manipuler le march� � leur avantage. Les auteurs de ces transgressions flagrantes avaient une connaissance si approfondie du fonctionnement du syst�me qu'ils l'ont manipul� � leur avantage en agissant de mani�re opportuniste.
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