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This paper reports the risk management practices that have been implemented at theTreasury of Hydro-Québec over the last ten years. The starting point consists of arisk management approach based on the concept of risk integration which, in turn,depends on the existence of anticipated risk premia. Through the years, many significantcontributions were added to the basic approach. The recent flattening of therelevant term structure has considerably reduced the magnitude of the risk premia.As a result, a more passive approach has been favored.

Keywords: Pratiques de gestion des risques, risques financiers, gestion intégrée desrisques, Risk management practices, financial risks, integrated risk management

Woody Allen made his transition from stand-up comedy to cinema not as an author, but as a dialogue adaptor and film dubber. In 1966, he transformed a Japanese spy thriller into an American comedy by removing the film's original dialogue and soundtracks, and then synchronizing a new dialogue of his own penning with the original film's images. The result was What's Up, Tiger Lily? (1966), a film where Allen forces a cast of unwitting Japanese characters to act out one narrative visibly as they speak out another audibly. The film suggests a number of intriguing theoretical vectors for those interested in the subject of screen translation as a mode of intercultural appropriation (or misappropriation). What's Up, Tiger Lily?, first of all, is a comedic exploration of authorial status in cinema. Indeed, the lesser status of “re-writer” becomes Allen's cover, a way to avoid taking responsibility for a film that not only indulges in the most counterintuitive of experiments in the sound-image relationship, but also creates a particularly condescending form of Asian exploitation. Perhaps most important, however, is the perspective that the film offers on the voice-image antagonism implicit in any foreign-language dubbed film. Allen's film may well offer a way for theory to transcend the aura of negativity with which academic discourse tends to surround the practice of dubbing, specifically by putting the latter to use in the service of intercultural parody. Michael Cronin's latest work on globalization and Hollywood (2009) offers some helpful concepts for examining Allen's film.

Keywords: Woody Allen, cinema, dubbing, Japan, intercultural appropriation, Woody Allen, cinéma, doublage, Japon, appropriation interculturelle

AbstractThe aim of this article is to analyze the way by which a small firm builds a dynamic capability in internationalization. To do this, we studied an industrial company with 10 employees. Our analysis shows that the company has built a dynamic capability in internationalization by developing its resources and capabilities through a process characterized by the frequency, the progressive internationalization and the success of the first steps of geographic expansion. We also highlight the factors that promoted the construction of the dynamic capability. Among them, we note the importance of managerial and organizational characteristics, but also the particularities of the industry.

Keywords: Capacités dynamiques, Internationalisation, Capacité d'absorption, Caractéristiques managériales, Petite entreprise, Dynamic capabilities, Internalization, Absorptive capacity, Managerial characteristics, Small firm, Capacidades dinámicas, Internacionalización, Capacidad de absorción, Características de la gestión, Pequeña empresa

AbstractAs the Malacca and Singapore Straits are part of the shortest route between Europe and Asia, any impedance to shipping has serious military and commercial repercussions. A series of issues are raised : what are the major threats to maritime security and sea lines of communications ; what measures have been taken to protect navigational safety; and what would be the consequences to tankers and container shipping if access was restricted or prohibited ? These issues are addressed by examining navigational safety and oil pollution, piracy and armed robbery, and the measures taken by the littoral and user states in combating them. An assessment of the cost of using alternative routes to the Straits is made. Distinctions are explored between tanker and container shipping to challenge the conventional wisdom on choke-points.

The objective of this article is to document the way in which the essentialization of teachers’ social representations of students identified as having an immigrant background and their families manifests itself. The study is based on individual and group interviews conducted with these actors in 8 Quebec secondary schools. After proposing a constructivist conceptualization of essentialization, we describe 3 interlocking procedures that we then illustrate empirically. The results are likely to contribute to the training of school staff and more particularly to the understanding of this process and its procedures. They also warn against the possible reinforcement of essentialization by research on the educational success of these students.

Keywords: essentialisation, essentialization, représentations, representations, élèves issus de l’immigration, immigrant students, personnel enseignant, teaching staff, Quebec, secondaire, Québec