Analysis of the Determinants of the Effectiveness of the Board of Directors in Family Businesses in Cameroon ()
ABSTRACT
The composition of the Board of Directors is commonly presented as an understandable
variable for its effectiveness. However, the work that examined the
relationship between the composition and effectiveness of the Board is not
characterized, as they require about whether or not certain categories of directors (internal, external, independent) are
relevant and the related empirical results
are mixed. This work examines the relationship between the characteristics of the board of directors and its effectiveness in a type of business that is
very common in the world, respecting the family business. Thus, the problem
that this study tries to solve is to
identify the characteristics of the board of directors that can
contribute to its effectiveness in Cameroonian family businesses. We found that
the size of the Board, the presence of external directors, and the cumulative
management and control functions appear to have an impact on the effectiveness
of the Board.
Share and Cite:
Roukatou, A. and Dretti, D. (2022) Analysis of the Determinants of the Effectiveness of the Board of Directors in Family Businesses in Cameroon.
Open Journal of Business and Management,
10, 2704-2728. doi:
10.4236/ojbm.2022.105134.
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