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This paper estimates the effects of employee ownership on productivity in companies in Cameroon. So the mechanism of employee ownership studied is the participation of employees in the capital which about 31 limited companies. These analyses are conducted of using descriptive and cross-sectional times series method on data collected during 2008-2013 from the National Institute of Statistics of Cameroon. It founds that the companies surveyed belong the whole sectors: industry (45.2 %), services (22.6 %), agriculture (16.1 %), transport (9.7%) and trade (6.5 %). From the perspective of the workforce of employees, these companies are mostly large (83.9 %) and medium size (16.1 %). Moreover, the level of participation of employees in the capital of these enterprises is usually between 5 % and 10 % (61.3 %) and the average level around 7.4 %. Indeed, the level average of productivity each person employed is about 11.87 million. The study concludes also the participation of employees in the capital positively and significantly affects productivity. This research, therefore devotes postulates of psychological theory on changing attitudes and behaviors of employees. The paper recommends expanding the employee ownership policy in Camerooni¯s companies and adequate monitoring by the government of this policy.

Employee Share Ownership as Productivity Factor in Companies in Cameroon