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Revue – European Review of Service Economics and Management – mai 2025- (Direction : Benoit Desmarchelier )

[Nouveau numéro de revue ]
Le dernier numéro de la revue European Review of Service Economics and Management (numéro 19) vient de paraître aux éditions Classiques Garnier. La revue, dirigée par Benoit Desmarchelier (Professeur de Management au CEPN), publie des articles scientifiques, des points de vues et des comptes rendus de thèses qui portent sur les questions d’économie et de management posées par la tertiarisation des activités économiques.
Lien : https://classiques-garnier.com/european-review-of-service-economics-and-management-2025-1-revue-europeenne-d-economie-et-management-des-services-n-19-varia-en.html
Working Paper n°2025-02 – Social Unrest and Environmental Performance – Mahdi Fawaz (CEPN) et Donatella Gatti (CEPN)

Abstract. There is a growing consensus that policies such as carbon taxes are needed to improve
environmental performance. We propose a theoretical framework and a model to examine how
environmental concerns determine political support for carbon taxation and the incentives for the poor
to revolt, replace the incumbent government, and achieve a fairer distribution of income. Our main
result is that the incentive to revolt is an inverted U-shaped function of environmental performance.
On the empirical side, we construct a normalized Social Unrest …[Lire la suite]
Working Paper n°2025-01 – Decoding Securities Class Actions: Determinants of Outcomes in the USA – Sahil CHOPRA (CEPN)

Abstract. Securities class actions are considered to be a prominent tool to create a deterrence
impact on companies whose wrongdoing has affected their stock prices. Inspired from fraud-market
theory, securities class actions do protect small and large investors. It becomes critically important to
understand the factors that could impact the outcomes in these lawsuits. This research aims to
examine the determinants of settlements specially in securities class actions. The study utilizes a
hand-collected data set of 1,241 cases, to analyses the impact of …[Lire la suite]