La Logique Transactionnelle De L’appropriation Des Biens : Un Regard Sur La Structure Des Communes Camerounaises

BOOK NYOBE Aurélien Bertrand; NDJECK Noé

doi:10.18535/ijsrm/v10i1.em15

Abstract

In the economic literature, it has been shown that the attributes of transactions impact the structure of organizations. However, the effects of the appropriation of communal land and forest are less well known. The study carried out in 36 municipalities and supported by a discreet analysis of transaction costs, shows that depending on the degree of specificity of the asset, the regulated management and the management in interested party would impact the financial structure. This would help improve revenues, in taking into account externalities and risk.

Keywords

Ownership of goodsgovernance structurefinancial structuretransaction costsspecific assets

References

ABIMBOLA A. (2002), Cross-sectional test of pecking order hypothesis against static trade-off théory on UK data, Working paper.Google Scholar ↗
AGRAWAL A. AND E OSTRO. (2001), « Collective action, propriety rights and decentralization in resource use in India and Nepal », Politics and Society, Vol. 29, N°4. pp. 485-514.Google Scholar ↗
AGRAWAL A. AND J. C. RIBOT. (1999), « Accountability in decentralization: A Framework with South Asian and West African cases », The Journal of Developing Areas, 33 (summer), pp. 473-502.Google Scholar ↗
ALCHIAN A. AND H DEMZETZ. (1972), « Production, Information Cost and Econmic Organization » American Econmic Review 62 (December): 777.795.Google Scholar ↗
ANDERSON J. ET AL. (2006), «Forests, poverty and equity in africa: new perspectives on policy and practice», International Forestry Review, vol. 8, n°1, pp. 44-53.Google Scholar ↗
BARTON S L. AND GORDON P J. (1987), «Corporate Stratégy : Useful Perspective For the Study of Capital Structure », Academy of Management Review, pp. 67-75.Google Scholar ↗
BAEZEL Y. (1982), «Measurment Cost and the Organization of Markets», Journal of Law and Economics, 25: 27-48.Google Scholar ↗
BISSUEL, R. (2010). Etude sur le potential de developpement des zones industrielles en mutation dans une perspective de requalification urbaine orrientée sur les transports en commun, memoire de maitrise, Université du Quebec à Montréal, Département d’etudes Urbaines.Google Scholar ↗
BLAIR H. (2000), « Particpation and accountability at the périphery : démocratic local governance in six countries », World developpement, Vol. 28 n°1, PP. . 21-39.Google Scholar ↗
BOOTH L. AIVASIAN V. DÉMIRGUC-KUNT A. MAKSIMOVIC V. (2001), « Capital structure in developing countries », Journal of finance 56, pp. 87-130.Google Scholar ↗
CHAKRABORTY I. (2010), «Capital structure in an emerging stock market : the case of India». Research in International Business and Finance 24, pp. 295-314.Google Scholar ↗
CHENG S R. SHIU C Y. (2007). «Investor protection and capital structure : International evidence», Journal of Multinational Financial Management 17, pp. 30-44.Google Scholar ↗
CORNNEL B. SHAPIRO A. (1987). « Corprate Stakeholders and corporate finance», Financial Management, pp. 5-14.Google Scholar ↗
DELMAS, M. (1996), Stratégie d’Acquisition Technologique dans le Secteur du Traitement des déchets Spéciaux en Europe et au Etats Unis, Thèse de Doctorat, Groupe HEC.Google Scholar ↗
DELMAS M. GHERTMAN M. AND HIEMAN B. (1997), Institutional Environment Effects on Transaction Costs : a Comparative Analysis of the US and French Nuclear Power Industries, in Thomas, O’Neal and Ghertman, Stratégy, Structure and Style, Wiley.Google Scholar ↗
DREZE J H. AND C GOLLIER. (1993). «Risk Sharing on the Labour Market and Second-Best Wage Rigidity», Européan Econmic Review, 37, 1457-1482.Google Scholar ↗
ELLSBERG D. (1961). «Risk, ambiguity, and the Savage axioms», Quaterly Journal of Economics, 75, pp 643-690.Google Scholar ↗
GERTHMAN M. (2003), «Oliver williamson et la théorie des couts de transactions », Revue Française de Gestion, n°142, pp 43-63.Google Scholar ↗
GIASSON I. M PROVOST. (2000). «Essai de réqualification d’un site à contrainte environnementales : le complexe environnemental Saint-Michel, dans : Gilles sénechal et Diane saint-laurent (dir), les espaces dégradés » : contraintes et conquetes, Presses de l’Université du Quebec, p. 187-189.Google Scholar ↗
GOMEZ P Y. (1996), Le gouvernement des entreprises, Economica, ParisGoogle Scholar ↗
GUIMOND L. ET M SIMARD. (2005) «Néo-ruralité et embourgeoisement des Campagnes quebécoises: un regard nuance, »Actes du XLVè Colloque international de l’Association de Sciences Regionale de langue francaises (ASRDLF) Térritoires et action publique territorial: nouvelles ressources pour le développement regional, Rimouski, 25-27 aout 2008, Université du Québec à Rimouski (UQAR).Google Scholar ↗
HOLMSTRON, B. (1983), «Equilibrium Long-Term Labor Contracts», Quaterly Journal of Economics, Supplément, 1983.Google Scholar ↗
HUANG G. SONG F. M. (2006) «The determinants of capital structure : Evidence from china», China Econmics Review 17 (1) pp. 14-36.Google Scholar ↗
HUMEL R. AND A SIZYKH. (1997) « Sustainaible developpement of forests as a way to preserve the natural basis of forestry», Journal of Sustainable Forestry, vol. 4, n°3/4, pp. 53-60.Google Scholar ↗
JENSEN M C ET MECKLING W (1976), «Théory of de firm : Managérial Behavior, Agency Cost and Ownership Structure », Journal of Financial Economics, vol. 3, pp. 305-360.Google Scholar ↗
JÉREMIE M. (2009), «De la decentralisation de la gestion forestière à une gouvernance locale des forêts communautaires et des rédevance forestières au Sud-est Cameroun», VertigO – la revue electronique en sciences de l’environnement, Volume 9, numéro 1.Google Scholar ↗
KRUEGER AND SUMMERS. (1988), «Efficiency Wages and the Inter-Industry Wage Structure», Economtrica, 56 (2), Mar 1988, 259-293.Google Scholar ↗
MASTEN, S. (1996), Empirical Research in transaction Cost Economics: Challenges, Progress, Direction, in G. Groenwegen (ed), Transaction Cost Econmics and Beyond, Boston, Kluwer Académic Publishers.Google Scholar ↗
MAUREL M C. (1994), La transition post-collectiviste. Mutations agraires en Europe central. L’Harmattan, 360 p.Google Scholar ↗
MAUREL M C. (2012), «Stratégies d’appropriation de la terre et du capital dans les agricultures centre-européennes», Cahiers du CEFRES, Centre Francais de Recherche en Sciences Sociales, Anciens et nouveaux propriètaires (ed Anne Olivier).Google Scholar ↗
MYERS S C. ET N MAJLUF. (1984) « Corporate Financing and investment decisions when Firms have information that investors do not have », Journal of Financial Economics, vol. 13, pp. 187-224.Google Scholar ↗
NORTH D. (1981), Structure and Change in Economic History, W.W. Norton, N.Y.Google Scholar ↗
NORTH D. (1990), Institutions, Institutionnal Change, and Economic Performance, Cambridge University Press, New York.Google Scholar ↗
NORTH D. (1994), «Economic Performance through Times», The Américan Economic Review, vol, 84, n°3, p. 359-368.Google Scholar ↗
PERRENOUD. (2008), «Les artisans de la gentrification rurale: trios manières d’etre macons dans les Hautes-Corbières», Sociètés contemporaines, 3, 71: 95-115.Google Scholar ↗
PROST B. (1991), «Du rural au péri-urbain: conflit de territoire et requalification de l’espace», Revue de géographie de Lyon, 2 , 66:96-102.Google Scholar ↗
RAJAN R G. ZINGALÈS L. (1995), «What do we Know about capital structure? Some Evidence from international Data, Journal of Finance, 50 (5), pp. 1421-1460.Google Scholar ↗
RIBOT J. C. (2003), «Democratic decentralization of natural resources: Institutionnal Choice and discretionary power transfers in Sub – Saharan Africa», Public administration and development, vol. 23 n°1, pp. 1-18.Google Scholar ↗
RIPOLL ET V VESCHAMBRE. (2005), L’appropriation de l’espace comme problématique, Norois, 195: 1-10.Google Scholar ↗
SIMARD M. (2007), «Nouvelles populations rurales et conflits au Quebec: regards croisés avec la France et le Royaume-Uni», Geographie, economie, socièté, 9: 187-213.Google Scholar ↗
SIMARD M. ET L GUIMOND. (2012). «Que penser de l’embourgeoisement rural au Quebec? Visions différenciees des acteurs locaux», Recherches sociographiques, 53, 3: 527-533.Google Scholar ↗
SIMON H. (1945). Administrative Behavior, The Free PressGoogle Scholar ↗
STEINER S. (2007). «Decentralisation and poverty: conceptual framework and application to Uganda», Public administration and development, vol. 27, pp. 175-185.Google Scholar ↗
VILASUO J. MINKLER A. (2001), «Agency costs, asset specificity, and the capital structure of the firm», Journal of Economics Behavior and Organization 44, pp. 55-69.Google Scholar ↗
Yin R.K. (1994), Case study research: Design and methods (2nd ed.). Beverly Hills, CA: Sage Publishing.Google Scholar ↗
WILLIAMSOM O E. (1975). Markets and Hierarchies: Analysis and Antitrust Implications. New York: The Free Press.Google Scholar ↗
WILLIAMSOM O E. (1985), The Economic Institutions of Capitalism. New York: The Free Press.Google Scholar ↗
WILLIAMSOM O E. (1988), «Corporate Finance and Corporate Governance», Journal of Finance 43 (3), pp. 567-591.Google Scholar ↗
WILLIAMSOM O E. (1991), «Comparative Economic Organization: The Analysis of Discrète Structural Alternative». Administrative Science Quaterly 36: 269-296.Google Scholar ↗
WILLIAMSON O E. (1994), Les institutions de l’economie, traduit de : The Economics Institutions of Capitalism (1985), InterEditions, Paris.Google Scholar ↗

[refR-1] ABIMBOLA A. (2002), Cross-sectional test of pecking order hypothesis against static trade-off théory on UK data, Working paper.Google Scholar ↗

[refR-2] AGRAWAL A. AND E OSTRO. (2001), « Collective action, propriety rights and decentralization in resource use in India and Nepal », Politics and Society, Vol. 29, N°4. pp. 485-514.Google Scholar ↗

[refR-3] AGRAWAL A. AND J. C. RIBOT. (1999), « Accountability in decentralization: A Framework with South Asian and West African cases », The Journal of Developing Areas, 33 (summer), pp. 473-502.Google Scholar ↗

[refR-4] ALCHIAN A. AND H DEMZETZ. (1972), « Production, Information Cost and Econmic Organization » American Econmic Review 62 (December): 777.795.Google Scholar ↗

[refR-5] ANDERSON J. ET AL. (2006), «Forests, poverty and equity in africa: new perspectives on policy and practice», International Forestry Review, vol. 8, n°1, pp. 44-53.Google Scholar ↗

[refR-6] BARTON S L. AND GORDON P J. (1987), «Corporate Stratégy : Useful Perspective For the Study of Capital Structure », Academy of Management Review, pp. 67-75.Google Scholar ↗

[refR-7] BAEZEL Y. (1982), «Measurment Cost and the Organization of Markets», Journal of Law and Economics, 25: 27-48.Google Scholar ↗

[refR-8] BISSUEL, R. (2010). Etude sur le potential de developpement des zones industrielles en mutation dans une perspective de requalification urbaine orrientée sur les transports en commun, memoire de maitrise, Université du Quebec à Montréal, Département d’etudes Urbaines.Google Scholar ↗

[refR-9] BLAIR H. (2000), « Particpation and accountability at the périphery : démocratic local governance in six countries », World developpement, Vol. 28 n°1, PP. . 21-39.Google Scholar ↗

[refR-10] BOOTH L. AIVASIAN V. DÉMIRGUC-KUNT A. MAKSIMOVIC V. (2001), « Capital structure in developing countries », Journal of finance 56, pp. 87-130.Google Scholar ↗

[refR-11] CHAKRABORTY I. (2010), «Capital structure in an emerging stock market : the case of India». Research in International Business and Finance 24, pp. 295-314.Google Scholar ↗

[refR-12] CHENG S R. SHIU C Y. (2007). «Investor protection and capital structure : International evidence», Journal of Multinational Financial Management 17, pp. 30-44.Google Scholar ↗

[refR-13] CORNNEL B. SHAPIRO A. (1987). « Corprate Stakeholders and corporate finance», Financial Management, pp. 5-14.Google Scholar ↗

[refR-14] DELMAS, M. (1996), Stratégie d’Acquisition Technologique dans le Secteur du Traitement des déchets Spéciaux en Europe et au Etats Unis, Thèse de Doctorat, Groupe HEC.Google Scholar ↗

[refR-15] DELMAS M. GHERTMAN M. AND HIEMAN B. (1997), Institutional Environment Effects on Transaction Costs : a Comparative Analysis of the US and French Nuclear Power Industries, in Thomas, O’Neal and Ghertman, Stratégy, Structure and Style, Wiley.Google Scholar ↗

[refR-16] DREZE J H. AND C GOLLIER. (1993). «Risk Sharing on the Labour Market and Second-Best Wage Rigidity», Européan Econmic Review, 37, 1457-1482.Google Scholar ↗

[refR-17] ELLSBERG D. (1961). «Risk, ambiguity, and the Savage axioms», Quaterly Journal of Economics, 75, pp 643-690.Google Scholar ↗

[refR-18] GERTHMAN M. (2003), «Oliver williamson et la théorie des couts de transactions », Revue Française de Gestion, n°142, pp 43-63.Google Scholar ↗

[refR-19] GIASSON I. M PROVOST. (2000). «Essai de réqualification d’un site à contrainte environnementales : le complexe environnemental Saint-Michel, dans : Gilles sénechal et Diane saint-laurent (dir), les espaces dégradés » : contraintes et conquetes, Presses de l’Université du Quebec, p. 187-189.Google Scholar ↗

[refR-20] GOMEZ P Y. (1996), Le gouvernement des entreprises, Economica, ParisGoogle Scholar ↗

[refR-21] GUIMOND L. ET M SIMARD. (2005) «Néo-ruralité et embourgeoisement des Campagnes quebécoises: un regard nuance, »Actes du XLVè Colloque international de l’Association de Sciences Regionale de langue francaises (ASRDLF) Térritoires et action publique territorial: nouvelles ressources pour le développement regional, Rimouski, 25-27 aout 2008, Université du Québec à Rimouski (UQAR).Google Scholar ↗

[refR-22] HOLMSTRON, B. (1983), «Equilibrium Long-Term Labor Contracts», Quaterly Journal of Economics, Supplément, 1983.Google Scholar ↗

[refR-23] HUANG G. SONG F. M. (2006) «The determinants of capital structure : Evidence from china», China Econmics Review 17 (1) pp. 14-36.Google Scholar ↗

[refR-24] HUMEL R. AND A SIZYKH. (1997) « Sustainaible developpement of forests as a way to preserve the natural basis of forestry», Journal of Sustainable Forestry, vol. 4, n°3/4, pp. 53-60.Google Scholar ↗

[refR-25] JENSEN M C ET MECKLING W (1976), «Théory of de firm : Managérial Behavior, Agency Cost and Ownership Structure », Journal of Financial Economics, vol. 3, pp. 305-360.Google Scholar ↗

[refR-26] JÉREMIE M. (2009), «De la decentralisation de la gestion forestière à une gouvernance locale des forêts communautaires et des rédevance forestières au Sud-est Cameroun», VertigO – la revue electronique en sciences de l’environnement, Volume 9, numéro 1.Google Scholar ↗

[refR-27] KRUEGER AND SUMMERS. (1988), «Efficiency Wages and the Inter-Industry Wage Structure», Economtrica, 56 (2), Mar 1988, 259-293.Google Scholar ↗

[refR-28] MASTEN, S. (1996), Empirical Research in transaction Cost Economics: Challenges, Progress, Direction, in G. Groenwegen (ed), Transaction Cost Econmics and Beyond, Boston, Kluwer Académic Publishers.Google Scholar ↗

[refR-29] MAUREL M C. (1994), La transition post-collectiviste. Mutations agraires en Europe central. L’Harmattan, 360 p.Google Scholar ↗

[refR-30] MAUREL M C. (2012), «Stratégies d’appropriation de la terre et du capital dans les agricultures centre-européennes», Cahiers du CEFRES, Centre Francais de Recherche en Sciences Sociales, Anciens et nouveaux propriètaires (ed Anne Olivier).Google Scholar ↗

[refR-31] MYERS S C. ET N MAJLUF. (1984) « Corporate Financing and investment decisions when Firms have information that investors do not have », Journal of Financial Economics, vol. 13, pp. 187-224.Google Scholar ↗

[refR-32] NORTH D. (1981), Structure and Change in Economic History, W.W. Norton, N.Y.Google Scholar ↗

[refR-33] NORTH D. (1990), Institutions, Institutionnal Change, and Economic Performance, Cambridge University Press, New York.Google Scholar ↗

[refR-34] NORTH D. (1994), «Economic Performance through Times», The Américan Economic Review, vol, 84, n°3, p. 359-368.Google Scholar ↗

[refR-35] PERRENOUD. (2008), «Les artisans de la gentrification rurale: trios manières d’etre macons dans les Hautes-Corbières», Sociètés contemporaines, 3, 71: 95-115.Google Scholar ↗

[refR-36] PROST B. (1991), «Du rural au péri-urbain: conflit de territoire et requalification de l’espace», Revue de géographie de Lyon, 2 , 66:96-102.Google Scholar ↗

[refR-37] RAJAN R G. ZINGALÈS L. (1995), «What do we Know about capital structure? Some Evidence from international Data, Journal of Finance, 50 (5), pp. 1421-1460.Google Scholar ↗

[refR-38] RIBOT J. C. (2003), «Democratic decentralization of natural resources: Institutionnal Choice and discretionary power transfers in Sub – Saharan Africa», Public administration and development, vol. 23 n°1, pp. 1-18.Google Scholar ↗

[refR-39] RIPOLL ET V VESCHAMBRE. (2005), L’appropriation de l’espace comme problématique, Norois, 195: 1-10.Google Scholar ↗

[refR-40] SIMARD M. (2007), «Nouvelles populations rurales et conflits au Quebec: regards croisés avec la France et le Royaume-Uni», Geographie, economie, socièté, 9: 187-213.Google Scholar ↗

[refR-41] SIMARD M. ET L GUIMOND. (2012). «Que penser de l’embourgeoisement rural au Quebec? Visions différenciees des acteurs locaux», Recherches sociographiques, 53, 3: 527-533.Google Scholar ↗

[refR-42] SIMON H. (1945). Administrative Behavior, The Free PressGoogle Scholar ↗

[refR-43] STEINER S. (2007). «Decentralisation and poverty: conceptual framework and application to Uganda», Public administration and development, vol. 27, pp. 175-185.Google Scholar ↗

[refR-44] VILASUO J. MINKLER A. (2001), «Agency costs, asset specificity, and the capital structure of the firm», Journal of Economics Behavior and Organization 44, pp. 55-69.Google Scholar ↗

[refR-45] Yin R.K. (1994), Case study research: Design and methods (2nd ed.). Beverly Hills, CA: Sage Publishing.Google Scholar ↗

[refR-46] WILLIAMSOM O E. (1975). Markets and Hierarchies: Analysis and Antitrust Implications. New York: The Free Press.Google Scholar ↗

[refR-47] WILLIAMSOM O E. (1985), The Economic Institutions of Capitalism. New York: The Free Press.Google Scholar ↗

[refR-48] WILLIAMSOM O E. (1988), «Corporate Finance and Corporate Governance», Journal of Finance 43 (3), pp. 567-591.Google Scholar ↗

[refR-49] WILLIAMSOM O E. (1991), «Comparative Economic Organization: The Analysis of Discrète Structural Alternative». Administrative Science Quaterly 36: 269-296.Google Scholar ↗

[refR-50] WILLIAMSON O E. (1994), Les institutions de l’economie, traduit de : The Economics Institutions of Capitalism (1985), InterEditions, Paris.Google Scholar ↗