Loading ...
Loading ...
Loading ...
&KDUJHPHQWGHVSDQLHUVGXODYHYDLVVHOOH
3RXUXQODYDJHRSWLPDOYHXLOOH]VXLYUHOHVOLJQHVGLUHFWULFHVFLGHVVRXVSRXUOHFKDUJHPHQWGHVSDQLHUV/HV
FDUDFWpULVWLTXHVHWO·DSSDUHQFHGHVSDQLHUVHWGXSDQLHUjFRXYHUWVSHXYHQWrWUHGLIIpUHQWHVGHFHOOHVGHYRWUHPRGqOH
3DQLHUVXSpULHXU
0rPHVLOHSDQLHUVXSpULHXUHVWDYDQWWRXWFRQoX
SRXUOHVYHUUHVOHVWDVVHVHWOHVVRXFRXSHVYRXV
SRXYH]pJDOHPHQW\SODFHUGHVFDVVHUROHVSRXU
XQODYDJHHIILFDFH,GpDOHPHQWSODFH]OHVWDVVHV
HWOHVYHUUHVVXUOHVFWpV9RXVSRXYH]pJDOHPHQW
\SODFHUGHVDUWLFOHVHQSODVWLTXHODYDEOHVDXODYH
YDLVVHOOH
/HSDQLHUVXSpULHXUHVWUpJODEOHVXUFHUWDLQV
PRGqOHVSRXUSOXVGHVRXSOHVVHORUVGXFKDUJHPHQW
GHYRWUHODYHYDLVVHOOH3RXUO·DEDLVVHUDSSX\H]VXU
OHVODQJXHWWHVHWDEDLVVH]OHSDQLHU3RXUOHUHOHYHU
LOVXIILWGHUHOHYHUOHSDQLHUMXVTX·jFHTX·LOUHYLHQQHj
VDSRVLWLRQG·RULJLQH
/HVXSSRUWXWLOLWDLUHVXUFHUWDLQVPRGqOHVSHXW
rWUHDEDLVVpRXUHOHYpSRXUSOXVGHVRXSOHVVH8Q
VXSSRUWjYHUUHVjYLQVXUFHUWDLQVPRGqOHVUHWLHQW
HQSODFHOHVFRXSHVSRXUXQHHIILFDFLWpGHODYDJH
RSWLPDOH&RPPHLOH[LVWHXQHYDULpWpGHIRUPDWVGH
YHUUHVjYLQDSUqVOHFKDUJHPHQWSRXVVH]OHQWHPHQW
VXUOHVXSSRUWSRXUpYLWHUTXHOHVYHUUHVWRXFKHQWj
ODYRWHGXODYHYDLVVHOOH
9RXVSRXYH]pJDOHPHQWSODFHUGDQVOHSDQLHU
VXSpULHXUWRXWHVVRUWHVG·XVWHQVLOHVGHIRUPHV
YDULpHV3ODFH]OHVFDVVHUROHVOHVEROVjPpODQJHUHW
DXWUHVDUWLFOHVjO·HQYHUV
/HVWLJHVUHSOLDEOHVVXUFHUWDLQVPRGqOHVSURFXUHQW
SOXVGHVRXSOHVVHSRXUOHVDUWLFOHVWUqVJURVHW
HQFRPEUDQWV
6LSRVVLEOHSODFH]OHVJURVDUWLFOHVHQSODVWLTXH
ODYDEOHDXODYHYDLVVHOOHVXUGHX[WLJHV
$VVXUH]YRXVGHELHQUHWHQLUHQSODFHOHVSHWLWV
DUWLFOHVHQSODVWLTXHDILQG·pYLWHUTX·LOVWRPEHQWVXU
O·pOpPHQWFKDXIIDQW
$VVXUH]YRXVTXHOHVDUWLFOHVQHGpSDVVHQWSDV
VRXVOHSDQLHUHPSrFKDQWDLQVLOHEUDVJLFOHXU
LQWHUPpGLDLUHGHWRXUQHU&HODSRXUUDLWDIIHFWHU
O·HIILFDFLWpGXODYDJHGHVDUWLFOHVTXLVHWURXYHQW
GDQVOHSDQLHUVXSpULHXU
3DQLHULQIpULHXU
/HSDQLHULQIpULHXUHVWFRQoXSRXUOHVDVVLHWWHVOHV
VRXFRXSHVHWOHVFDVVHUROHV3ODFH]OHVJURVDUWLFOHV
FRPPHOHVOqFKHIULWHVHWOHVJULOOHVGHFXLVVRQOHORQJ
GXFWpJDXFKH3ODFH]OHVDVVLHWWHVOHVFDVVHUROHVHW
OHVEROVVXUOHVFWpVGDQVOHVFRLQVRXjO·DUULqUHGX
SDQLHU/DVXUIDFHVDOLHGHVDUWLFOHVGRLWWRXMRXUVrWUH
RULHQWpHYHUVOHFHQWUHGXSDQLHU$XEHVRLQSODFH]
GDQVOHSDQLHULQIpULHXUOHVWDVVHVRXOHVYHUUHV
VXUGLPHQVLRQQpVSRXUPD[LPLVHUODVRXSOHVVHGH
FKDUJHPHQW
'HSOXVDVVXUH]YRXVTX·DXFXQHSDUWLHG·XQDUWLFOH
SDUH[HPSOHODSRLJQpHG·XQHFDVVHUROH
QHGpSDVVHVRXVOHSDQLHULQIpULHXU&HODSRXUUDLW
HPSrFKHUOHEUDVJLFOHXUGHWRXUQHUHWDIIHFWHU
O·HIILFDFLWpGXODYDJH
/HVWLJHVUHSOLDEOHVVXUFHUWDLQVPRGqOHVSURFXUHQW
SOXVGHVRXSOHVVHSRXUOHVDUWLFOHVWUqVJURVHW
HQFRPEUDQWV&HVWLJHVSHXYHQWrWUHDEDLVVpHVRX
UHOHYpHVDILQGHSHUVRQQDOLVHUOHSDQLHULQIpULHXU
1HODLVVH]DXFXQDUWLFOH
GpSDVVHUVRXVOHSDQLHU
jFRXYHUWV'HVDUWLFOHV
TXLGpSDVVHQWVRXVOH
SDQLHUSHXYHQWHPSrFKHU
OHEUDVJLFOHXUGHWRXUQHU
HWDWWpQXHUO·HIILFDFLWpGX
ODYDJH
$VVXUH]YRXVTX·DXFXQ
DUWLFOHQ·HPSrFKHOHV
EUDVJLFOHXUVGHWRXUQHU
3DQLHUjFRXYHUWV
3ODFH]OHVFRXYHUWVGDQVOHSDQLHUDPRYLEOHDYHFOHV
PDQFKHVGHVIRXUFKHWWHVHWGHVFRXWHDX[YHUVOH
KDXWSRXUQHSDVYRXVEOHVVHUOHVPDLQV3ODFH]OHV
FXLOOpUHVGDQVOHSDQLHUDYHFOHVPDQFKHVYHUVOHEDV
0pODQJH]OHVFRXWHDX[OHVIRXUFKHWWHVHWOHVFXLOOpUHV
DILQTX·LOVQHV·HQWDVVHQWSDVOHVXQVVXUOHVDXWUHV
5pSDUWLVVH]OHVGHIDoRQXQLIRUPH3ODFH]OHVSHWLWV
DUWLFOHVHQSODVWLTXHFRPPHOHVFXLOOpUHVjPHVXUHU
HWOHVFRXYHUFOHVGHSHWLWVFRQWHQDQWVGDQVOHIRQG
GXSDQLHUjFRXYHUWVHWLQVWDOOH]O·DUJHQWHULHVXUOH
GHVVXVGXSDQLHU
9RXVSRXYH]SODFHUGHGLIIpUHQWHVIDoRQVOHSDQLHUj
FRXYHUWVjWURLVVHFWLRQVVXUFHUWDLQVPRGqOHVGDQV
YRWUHODYHYDLVVHOOH/HSDQLHUFRPSOHWHVWFRQoX
SRXUV·LQVWDOOHUGXFWpGURLWGXSDQLHULQIpULHXU'H
SOXVFKDTXHH[WUpPLWpGXSDQLHUHVWDPRYLEOHSRXU
SOXVGHVRXSOHVVHORUVGXFKDUJHPHQWGHVFRXYHUWV
HWSRXUDFFURyWUHODFDSDFLWpGXSDQLHULQIpULHXU
/HVFRXYHUFOHVGHVSDQLHUVG·H[WUpPLWpHWGXSDQLHU
GXPLOLHXVXUFHUWDLQVPRGqOHVSHXYHQWVHIHUPHU
SRXUUHWHQLUHQSODFHGHSHWLWVDUWLFOHV/HVDUWLFOHV
SOXVORQJVSHXYHQWrWUHSODFpVVXUOHVXSSRUWXWLOLWDLUH
GDQVOHSDQLHUVXSpULHXU
9RXVSRXYH]SODFHUGDQVOHSDQLHUXWLOLWDLUHVXU
FHUWDLQVPRGqOHVGHSHWLWVDUWLFOHVFRPPH
GHVELEHURQVGHVWpWLQHVGHVFRXYHUFOHVHQ
SODVWLTXHGHVIRXUFKRQVjpSLVGHPD{VHWF
3DQLHUjFRXYHUWVPRQRSLqFH
VXUFHUWDLQVPRGqOHV

3DQLHUXWLOLWDLUHVXUFHUWDLQVPRGqOHV
3DQLHUUHFWDQJXODLUHVXUFHUWDLQV
PRGqOHV
Loading ...
Loading ...
Loading ...