Tax Incentives, Asymmetrical Information and Investment Behavior in Ohada Zone: A Case Study of Cameroonians and Chadians Smalls and Medium Sizes Enterprises
Aboubakar Mfopain

Abstract
Taxation offers businesses a variety of incentives measures. However, mechanisms established to induce the expected investment conducts do not always produce expected results. Behaviors are often opportunistic and the optimisation objective of the tax equity is not always achieved. An analysis carried out in OHADA’s context shows that absence or inadequacy of the legislative and regulatory framework is a source of informational asymmetry, explaining opportunistic behaviors shown by some Cameroonian and Chadian companies. In addition, the diffusion activity of tax and accounting practices assigned to firms and experts did not necessarily favored tax optimization. Also, since such companies have reserved and poor inter-relationships, this led to an unfavorable imitation of others practices.

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