QUALITY OF BANKING GOVERNANCE AND FINANCIAL DEVELOPMENT IN AFRICA: THE CASE OF CAMEROON

Rodrigue NANA Kuindja ()
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Rodrigue NANA Kuindja: Faculty of Economics and Management (FSEG), Director: Pr. AVOM Désiré. BP. 1365 Yaoundé. Tél: (00237) 96333709/74108692

Review of Economic and Business Studies, 2014, issue 13, 129-149

Abstract: This study aims to determine how the quality of bank governance is seen as a key factor in the expansion of the banking system to Africa in general and Cameroon in particular. This highlights possible mechanisms of thresholds in the relationship studied using theoretical and empirical analysis. The results obtained from a Principal Component Analysis (PCA) and multiple regression on a quarterly 2000-2010 show that a good bank governance is a necessary but not sufficient for financial development in Cameroon. This result is mainly due to the direct and indirect impact of the correlation. Furthermore, we show that there are mechanisms thresholds in this relationship. This mechanism could be explained by addressing the problem of judicial delays, bad checks, bank secrecy, and corruption but also the socio-political environment. These results are robust to different econometric techniques.

Keywords: Corruption; Mechanisms of thresholds; CPA; Financial Development; Banking Regulation; Quality of bank governance; Socio-political environment (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aic:revebs:y:2014:i:13:kuindja

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