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The determinants of the level of involvement of the board of director in the decision-making process of family businesses: evidence from Cameroon

Authors: Kakti Ngueumeleu Gisèle; Kueda Wamba Berthelo; Ngassa Martin; KountelejouoLaguarta Carine,; Kouakep Olive Stéphanie;

The determinants of the level of involvement of the board of director in the decision-making process of family businesses: evidence from Cameroon

Abstract

Since the mid-1980s, the attention of both professional writers and academic world has been drawn to the concept of family business. From an economic point of view, family businesses weigh extremely heavily. This rebirth of a fabric of ambitious family businesses and creators of innovation polarizes all the attentions and the scientific community does not stand aside from this movement.Thus, our study set out to highlight the level of involvement of the board of director in the decision-makingprocess of family businesses in Cameroon. It’s focused on a sample of forty-eight family businesses in the cities of Yaoundé and Douala.it should be specified that the data was collected through a questionnaire administered to the members of the board of directors of these companies.Having undergone statistical processing using SPSS software, it emerges that the decision-making process of family businesses in Cameroon is different from that of managerial businesses.This can be explained by factors such asthe inbreeding link between the managing director and the chairman of the board of directors,and the distinction between the family council and the board of directors influence this process.

{"references": ["J. P. Tchankam, The family business in Cameroon, Creff research book no. 2000-05, 2000.", "] J. Allouche, and B. Amann, The triumphant return of family capitalism, in from Jacques Coeur to Renault: Managers and organizations, Press of the University of Social Sciences of Toulouse, 1995.", "Y. Gattaz, The family business has a future, File: The family business, reconciling the heart and reason, Christian Leaders, (8), 2004.", "J. Caby, and G. Hirigoyen, The management of family businesses, (Editions Economica, Paris, 2002).", "G.Hirigoyen, The government of family businesses, In The management of family businesses, under the direction of Caby J. and Hirigoyen G, Economica, 2002.", "J. Allouche, and B. Amann, The family business: a state of the art, Finance Contr\u00f4le Strat\u00e9gie, 3 (1), 2000, 22-79", "B. Villalonga, and R. Amit, How Do Family Ownership, Control, and ManagementAffect Firm Value? EFA 2004 Maastricht Meetings Paper (3620), 2004"]}

Keywords

decision-making process,, involvement, family businesses, Cameroon., board of directors

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This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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