TITLE:
Analysis of the Determinants of the Effectiveness of the Board of Directors in Family Businesses in Cameroon
AUTHORS:
Aboubakar Roukatou, Denise Dretti
KEYWORDS:
Board of Directors, Governance, Family Business, Public Limited Company
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.5,
September
26,
2022
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.