WIRTZ Peter

emlyon business school

Dean for Faculty and Research - Professor of Corporate Governance

Ancien vice‑président de l’Université Jean Moulin chargé de la recherche, Peter Wirtz est l’auteur de plusieurs ouvrages et de nombreux articles sur la finance et la gouvernance d’entreprise. Il est membre de l’Institut Français de Gouvernement des Entreprises (IFGE). Ses principaux domaines d’intérêt sont la gouvernance d’entreprise (son institutionnalisation dans divers contextes, son lien avec le comportement financier, ainsi que sa relation avec la création de valeur), et la finance et la gouvernance entrepreneuriales. Les dernières recherches de Peter Wirtz comprennent des analyses de la contribution spécifique des business angels français au financement et à la croissance des entreprises, ainsi que des études sur la gouvernance de certains types d’organisations, tels que les ordres religieux.

Vidéos de cet auteur

03:49

What is the Governance Code?

A governance code is a set of recommendations designed, according to its authors, to ensure the implementation of best practices in the organization and functioning of the board of directors. Today, there are several hundred such codes around the world—sometimes multiple codes within a single country. This is the case in France, where the financial market regulator recognizes two codes: the AFEP-MEDEF Code and the Middlenext Code. These governance codes fall under what is known in legal terms as soft law. Indeed, the term code can be misleading, as these are not laws passed through a legislative process, but rather self-regulatory texts issued by employers' associations.

WIRTZ Peter - emlyon business school |

Management Dictionary
Governance, Organizational Theory

03:34

What is Disciplinary Governance?

Governance mechanisms potentially serve various functions and, through these functions, influence the organization’s performance and the satisfaction of its different stakeholders. The function that has historically attracted the most attention in governance analyses is the so-called disciplinary function. According to this disciplinary approach, the main role of governance is to impose discipline on management in order to safeguard the legitimate interests of the organization’s stakeholders—particularly the shareholders, in the case of a company. This is referred to as the shareholder-oriented disciplinary approach to governance.

WIRTZ Peter - emlyon business school |

Management Dictionary
Governance, Organizational Theory

03:47

What is entrepreneurial finance?

Entrepreneurial finance focuses on raising financial resources for young businesses. In addition to friends and family (commonly referred to as love money in Anglo-Saxon contexts), who are often the first contributors to new entrepreneurial ventures for emotional reasons, and various public support programs, the primary source of funding comes from equity investors. These investors can generally be classified into three categories: venture capital, business angels, and the crowd, which can participate through equity-based crowdfunding platforms. It is worth noting that, given their experience and specific skills and knowledge, some of these actors contribute more than just money to young companies.

WIRTZ Peter - emlyon business school |