| Titre | Le fonds de développement économique et social et les investissements des entreprises publiques | |
|---|---|---|
| Auteur | Emmanuel Hau | |
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Revue | Revue française d'administration publique |
| Numéro | no 4, 1977/4 | |
| Rubrique / Thématique | Études |
|
| Page | 19 pages | |
| Résumé anglais |
Social & economic development fund (SEDF) & investments of public companies
In respect of public companies, the SEDF is both a credit bank contributing part of the necessary funds and a control device for investments and for their financing. Yet the SEDF concerns now only a limited number of public companies, i.e. those which remain closest to the State because of their monopoly, their important functions, their eminent public service obligations or their receipts being fixed by public rates. They are mainly concerned with transportation and energy. As an investment fund, the SEDF cannot start subsidizing national companies, but has to enable them to achieve more easily their most ambitious capital investments without upsetting the financial market. In addition, the SEDF is also preeminently a control device of investment programmes of public companies and their financing. To this efiect, the SEDF is an important instrument in the interministerial fund allocation process by deciding on the contents and methods of financing of investment programmes of national enterprise, while endeavouring ever more openly to have a close look at their yield capacity. Thus the conclusions of the Plan's vertical committees (in particular the Committee on Energy) affect SEDF's decisions, bridging over the gap between the thinking and the decision-making process. Source : Éditeur (via Persée) |
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| Article en ligne | https://www.persee.fr/doc/rfap_0152-7401_1977_num_4_1_975 |
