The determinants of the level of involvement of the board of director in the decision-making process of family businesses: evidence from Cameroon
Authors/Creators
- 1. University of Ngaoundéré-Cameroon
- 2. University of Bamenda-Cameroon
- 3. University of Yaounde 2-Cameroon
- 4. University of Dschang-Cameroon
Description
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.
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Additional details
References
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