THE PERCEPTION OF MANAGEMENT OF PLCs ON STOCK EXCHANGE LISTING

The Central African economies have established a stock exchange to assist with domestic fund mobilization and the attraction of foreign capital as well as perform other key functions of a stock exchange. However, since its inception in December 2001, the Douala Stock Exchange (DSX) has experienced very few listings (3 companies only until March 2021, with the listing of La Regional making 4). DSX was absorbed by the Bourse Regionale des Valeurs Mobilieres d’Afrique Centrale (BVMAC), known in English as the Central African Stock Exchange, in 2019. This research work examines the reasons behind the poor listing of companies by looking at the management of these companies' perceptions regarding taking their companies public. As well, it looks at the incentives put in place by the Cameroon government to encourage listing. Last but not least, it provides some recommendations to enhance the listing.