The Financial vs Human Capital project is
concerned with the fact that the competences and knowledge of employees are
playing a larger role than ever in the creation of firm value. In some ways,
human capital is more important than financial capital, or technology. A
major question becomes: To whom does the company belong? It is imperative
to take this economic and social aspect of the New Economy into account in
corporate governance research, because a single-minded focus on the financial
aspect of economic development only serves to obscure something that is far
more than just one variable among others in the calculation of economic
value.
New lecture series on corporate governance
The joint IFGE/ESDES/LEFI lecture series for 2008-2009, led in tandem with the EMLYON Business School, the Université Catholique de Lyon and Université Lyon II, will focus on “economics and the managership of intangible assets”.
Bertrand Valiorgue - Thesis examination
Bertrand Valiorgue defended his doctoral thesis on the role of middle-managers in the voluntary internalization of negative externality. The jury unanimously awarded summa cum laude honours.
