The Causes of the Institutional Ineffectiveness of the Public Enterprises Governance System: An Exploratory Analysis Within Congolese Public Enterprises — Oak Academic Publishing
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The Causes of the Institutional Ineffectiveness of the Public Enterprises Governance System: An Exploratory Analysis Within Congolese Public Enterprises
Department of Governance and Finance, University of Yaounde II, Yaounde, Cameroon
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Department of Management Sciences, University of Yaounde II, Yaounde, Cameroon
1 Department of Governance and Finance, University of Yaounde II, Yaounde, Cameroon
2 Department of Management Sciences, University of Yaounde II, Yaounde, Cameroon
This item analyzes the causes of the institutional inefficiency of the governance system of Congolese public enterprises. To achieve this, we favored a qualitative approach, mobilizing the strategy of the multiple case study and conducting 21 semi-directive interviews during the year 2023 in the cities of Kinshasa and Goma in 12 Congolese public companies from various sectors of activity. The results show that the financial causes are explained by the absence of regular publication of financial information and the achievement of negative operating results. As for the causes organizational, they are due to the absence of an application of responsible governance practices. The article invites the Congolese State to set up a private management model within public companies. This management method is inspired by the New Public Management which is a means of guaranteeing greater efficiency; finally, it advocates for a “depoliticization” of the governance bodies of Congolese public companies under state control.
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