%0 Journal Article %T Propriété étrangère, investissement et performance des entreprises en Afrique : Cas du Cameroun %+ Laboratoire d'Etude et de Recherche sur l'Economie, les Politiques et les Systèmes Sociaux (LEREPS) %A Onomo, Cyrille-Michel-Bertrand %A Ayou Bene, Marius %A Fall, François-Seck %< avec comité de lecture %@ 1918-9222 %J Management international = International management = Gestión internacional %I HEC Montréal et Université Paris Dauphine %8 2018 %D 2018 %K Foreign ownership %K Investment %K Financial performance %Z Humanities and Social Sciences/Economics and FinanceJournal articles %X This paper analyzes the relationship between foreign ownership, investment and firms performance in a Sub-Saharan context, based on a sample of 168 Cameroonian firms in the period 2007-2009. To control for the endogeneity issue revealed by our analysis, we estimate a simultaneous equations model that is known to give more robust results than usual models. We find that foreign ownership has a negative effect on firm’s assets return, while positively related to investment. However, the results show a non-linear relationship: when foreign equity is above 25%, foreign ownership is positively related to assets return, and negatively related to investment. %G English %L hal-02309599 %U https://univ-tlse2.hal.science/hal-02309599 %~ SHS %~ UNIV-TLSE2 %~ AO-ECONOMIE %~ SMS %~ UT1-CAPITOLE %~ LEREPS