The Impact of Governance on State Owned Enterprises (SOEs) in Africa

Abstract

The creation and strengthening of credible institutions is instrumental for any development initiative. Once these institutions are put in place, transparency and accountability become the tools for good governance to achieve socio-economic development. This article therefore set out to explore the impact that governance has on the developmental role of Public Enterprises in Africa. Public enterprises are created in Africa to contribute to socio-economic development. This study is therefore important in that, it thrives to explore why public enterprises have not over the years played the role for which they were created. However initial findings revealed that, the above failure is related to lack of leadership, maladministration and corruption which are the enemies of good governance, the State and of National Development Plan (NDP) as these impede any development initiative. This paper is divided into five major parts. The first part introduces the problematic of the research; the second part argues about the concept of governance, the third part discusses public enterprises reforms and the justification for decentralisation as a tool for the sustainability of public enterprises. The fourth part explains the methodological approach, data analysis and findings in using the Case of Cameroon. The Fifth part concludes and presents a set of recommendations for future research

DOI: 10.5901/mjss.2015.v6n1p352