STRUCTURE DE GOUVERNANCE ET PERFORMANCE DES ENTREPRISES :UNE ANALYSE COMPARATIVE DES GRANDES ENTREPRISES PERFORMANTES (GEP) ET NON PERFORMANTES (GENP) AU CAMEROUN

Résumé

The objective of our article is to highlight the similarities and divergences of governance between G.E.P and G.E.N.P in Cameroon. To achieve this, a performance index is constructed from secondary G.E data available at the National Institute of Statistics (INS), the Ascending Hierarchical Classification practiced makes it possible to obtain a sample of 76 G.E.P and 36 G.E.N.P. A retrospective survey is carried out among these 112 companies over the 2008-2012 period. After statistical tests of comparison of means and logistic regression, it emerges from the results that: the proportion of independent external directors is higher in the G.E.P than in the G.E.N.P; the number of directors sitting on the board of directors is higher in the G.E.P than in the G.E.N.P; foreign shareholding is higher in the GEP than in the G.E.N.P; Institutional shareholding is lower in G.E.P compared to G.E.N.P; The leaders are less rooted in the G.E.P than in the G.E.N.P. These results join the work of Djoutsa Wamba et al. (2017); Bughin et al. (2011); Faccio and Lasfer (2000).