Corporate governance models in Algerian small and medium sized enterprises : an empirical study on smes in Chlef and Sidi-Belabess

Abstract EN

This study aims to shed light on corporate governance practices in the Algerian small and medium sized enterprises where the intention is to identify and determine the appropriate model of governance for the Algerian SMEs.

The study took place in 15 joint-stock and limited liability enterprises in the region of CHLEF and Sidi BelAbess, the empirical study was about a questionnaire in which we tried to recognise the main elements that would form the pillars of governance model for the stated companies and to pull out the reality and fact of corporate governance practices.

However, after analysing the collected data and after the inferential statistics our reached results were that the model of governance for Algerian SMEs is based on the following elements: internal actors and their mutual relationship, external actors and their mutual relationship with the enterprise, the structure of property which is related to the familial pattern.