Dilution of Ownership and Disciplinary Control of the Manager within Companies in Cameroon

Dilution of Ownership and Disciplinary Control of the Manager within Companies in Cameroon

M. Gorsou Mohay Paye Patrick Arthur *

Contact

Djouberou Jean-Louis

Contact

M. Djobsia Emmanuel

Contact

Dilution of Ownership and Disciplinary Control of the Manager within Companies in Cameroon

Article Fingerprint

ReserarchID

MBR06CQ5

Dilution of Ownership and Disciplinary Control of the Manager within Companies in Cameroon Banner

AI TAKEAWAY

Connecting with the Eternal Ground

Abstract

The traditional agency conflict between shareholders and managers reflects the existence of a control body within companies. Thus, the Board of Directors, because of its efficiency, can be used to defend the interests of shareholders. This leads us in the context of this research to focus on the analysis of the influence of the dilution of ownership on the effectiveness of the board, more specifically in terms of disciplinary control of managers. In view of the importance of the board of directors in corporate governance, the purpose of this work is to attempt to demonstrate through a hypothetico-deductive research, the existing relationship between the dilution of ownership and the disciplinary control of the manager. Within companies. The result obtained on a sample of 61 companies confirms the presupposed link between these two groups of variables and suggests the need for companies to engage in a truly proactive approach in terms of dilution of ownership.

References

18 Cites in Article

Reference Format

H Alexandre,M Et Paquerot (2000). Efficacité des structures de contrôle et enracinement des dirigeants.
B Bimene,U Et Ngouem (2020). Le rôle de la bonne gouvernance d'entreprise dans la communication des informations comptables et financières: une nécessité au Cameroun.
G Charreaux,J Et Pitol-Belin (1987). Enquête nationale sur le Conseil d'Administration des entreprises françaises.
G Charreaux,J Et Pitol-Belin (1990). Le Conseil d'Administration.
H Demsetz (1983). The structure of ownership and the theory of the firm.
Jules Feudjo,Jean-Paul Tchankam (2018). L’implication des actionnaires institutionnels dans la gouvernance des entreprises : le cas d’une économie en développement.
B Hermalin,M Et Weisbach (1991). The determinant of board composition.
Michael Jensen (1993). The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems.
Michael Jensen,William Meckling (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure.
Omesh Kini,William Kracaw,Shehzad Mian (1995). Corporate takeovers, firm performance, and board composition.
J Mbaduet,R Nanfosso,L Wamba,J Sahut,F Et Teulon (2000). Pouvoir du dirigeant, gouvernance et performance financière des entreprises: le cas camerounais.
Georges Mfouapon,Jules Feudjo (2013). L’efficacité du conseil d’administration dans les sociétés anonymes au Cameroun: Une lecture par l’hétérogénéité des administrateurs.
Moungou Mbenda,S (2017). Le pouvoir du dirigeant dans la relation d'agence: cas des entreprises publiques au Cameroun.
R Mtanios,M Et Paquerot (1999). Structure de propriété et sous-performance des firmes: une étude empirique sur le marché au comptant, le règlement mensuel et le second marché.
Abdelwahed Omri,Mehri (2003). Systèmes de gouvernance et performance des entreprises tunisiennes.
A Shleifer,R Vishny (1997). A survey of corporate governance.
A Tajer,B Ouberka,S Et Rigar (2021). Structure de l'actionnariat et performance financière des entreprises marocaines cotées en bourse.
B Yougang (2018). Mécanismes internes de gouvernance et pérennité des établissements de micro finance au Cameroun.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

M. Arthur, M. Jean-Louis, M. Emmanuel. 2026. "Dilution of Ownership and Disciplinary Control of the Manager within Companies in Cameroon". Global Journal of Management and Business Research, Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 22 (GJMBR Volume 22 Issue A3).

More Citation Formats

Select Citation Style:

Download Citation

GJMBR Volume 22 Issue A3

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

Not Found

Classification

GJMBR-A Classification DDC Code: 346.410666 LCC Code: KD2100

Submission ReceivedFebruary 10, 2022
Peer Review Double Blind
Handling Editor
Accepted February 16, 2022
Published April 5, 2022

Version of record

v1.2

Issue date

April 5, 2022

Language

French

Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

View in VR

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

View in 3D

Article Matrices

Total Views: 718

Total Downloads: 37

All Trends