12 September 2012
M.Comm. / Hierdie studie sal poog om die volgende doelwitte te bereik: Om te bepaal waarom bestuurders nie altyd daarin slaag om aspekte van finansiele bestuur te integreer in die bestuursmetodes wat elke dag in hul maatskappye beoefen word nie; Om die belangrikheid van hierdie probleem aan die dag te le; Om te bepaal of dit moontlik is om die struikelblokke tot hierdie probleem uit die weg te ruim; Om praktiese gereedskap vir bestuurders daar te stel waarmee hulle finansiele bestuursaspekte kan integreer in hul daaglikse take. Laasgenoemde is ook die belangrikste van al bogenoemde doelwitte
01 January 1997
This dissertation examines a number of theoretical and practical issues that arise in international asset allocation. This dissertation consists of three essays. "An Equilibrium Based Asset Allocation Model," presents an asset allocation model that allows for estimation of the elements of the inverse of the variance-covariance matrix of asset returns from market value weights, excess returns, and factors for each constituents of the portfolios. Models representing differences in investors opinion regarding excess returns, factors affecting returns, and the elements of the inverse of the variance-covariance matrix are derived. A simple proxy for the differences in expected excess returns is presented and found that this method appears to be more reliable and stable than the estimates of expected returns themselves which allows managers to follow conservative or aggressive portfolio policies. "Nikkei 225 vs. S&P500 Futures: A Comparison of Mispricing Patterns," provides empirical evidence on pricing relationships in the two largest stock index futures markets, the S&P 500 futures in the U.S. and the Nikkei 225 index futures traded in Japan with an emphasis in Japan on arbitrage inventories to market direction and open interest changes contemporaneous with the observed mispricing. This essay differs from most prior research in that trends in valuation are assessed for both the nearby contract and the calendar spread; in particular, the cost/benefit of rolling positions forward reveals the effectiveness of an index futures market in replicating long or short equity exposure on an ongoing basis are incorporated. "International Interest Rates, Exchange Rates, and Forward Rates, in a Cash-In-Advance Framework," provides a theoretical model for interest rates, exchange rates, and forward rates in the cash-in-advance framework. Using cash-in-advance model, closed-form solutions for the term structure of interest rates, exchange rates, and forward rates in a two country framework are obtained. The closed-form solutions are fairly general and accommodate various shapes of term structure of interest rates. Results show that short-term rates are different due to differences in the stochastic and deterministic components of growth rates in gross domestic products and money supplies, while long-term rates differ due to the deterministic parts of the money supply growth rates.
No description available.
Evaluating compliance of Public Finance Management Act by the Department of Labour in Limpopo Province.Moagi, Jacob Ngoako January 2009 (has links)
Thesis (M.A.) (Public Administration) --University of Limpopo, 2009. / The Public Finance Management Act (PFMA), 1999 (Act No. 1 of 1999) (as amended by Act No. 29 of 1999) is one of the most important pieces of legislation passed by the first democratic government in South Africa. The Act promotes the objective of good financial management in order to maximise service delivery through the effective and efficient use of the limited resources. The key objectives of the Act are to modernise the system of financial management in the public sector; enable public sector managers to manage, but at the same time be held more accountable; ensure the timely provision of quality information; and eliminate the waste and corruption in the use of public assets. The Act, which came into effect from 1 April 2000, gives effect to Sections 213 and 215 to 219 of The Constitution of the Republic of South Africa, 1996 for implementation at the national and provincial spheres of government. These sections require national legislation to establish a national treasury; to introduce uniform treasury norms and standards; to prescribe measures to ensure transparency and expenditure control in all spheres of government; and to set the operational procedures for borrowing, guarantees, procurement and oversight over the various national and provincial revenue funds. The Public Finance Management Act adopts an approach to financial management that focuses on outputs and responsibilities rather than the rule-driven approach of the previous Exchequer Acts. The Act is part of a broader strategy on improving financial management in the public sector. The Public Finance Management Act replaced or superceded the various national and provincial Exchequer Acts and the Reporting of Public Entities Act. The study concerns itself with the evaluation of compliance with the Public Finance Management Act by the Department of Labour in Limpopo. The objective of the study is to analyze and assess the implementation and execution of the Public Finance Management Act (PFMA), and to evaluate the compliance of Public Finance Management Act by the Department of Labour in Limpopo Province. Quantitative research methodology was chosen for this study. Data collection strategy used was questionnaires. The researcher employs a strategy of inquiry, such as survey, to investigate a research question. The findings of this research were that communication barrier and lack of training in financial related matters is a challenge for the Department of Labour in Limpopo. The researcher also found that the Accounting Officer at DoL Limpopo did not introduce a system of internal audit under the control and direction of an Audit Committee as it is a prerequisite of the Public Finance Management Act.
The Effectiveness of Loan Repayment Assistance Programs on Freshmen Enrollment at a Small Private CollegeLeavitt, Don R. 08 November 2016 (has links)
<p> Small private colleges are an important part of the higher education system. The cost of attending a small private college has increased along with student debt. This has become an issue in the recruitment and retention of students. Loan repayment assistance programs represent a possible solution to the student debt issue for small private colleges, and a path to their continued viability. The purpose of this quantitative, quasi-experimental study was to investigate the changes to freshmen enrollment after the implementation of a loan repayment assistance program at a small private college. The proposed study examined changes between the pre and post implementation of a loan repayment assistance program for incoming freshmen. The student variables examined were the total number of newly enrolled freshmen, their SAT scores, and their initial loan balances. The population for the study was a small private college in Salem, Oregon that recently implemented a loan repayment assistance program. The results showed no statistically significant difference in the number χ² (1) = .69, ρ > .05 or the SAT scores <i>t</i> (383) = .10, ρ > .05 of the 2014-15 versus the 2013-14 freshman classes. However, the results did show a statistically significant different in the initial loan balance <i> t</i> (383) = .006, ρ < .05. Freshman students had larger loan balances after the implementation of a loan repayment assistance program. </p>
Merino, Maria Cruz
28 August 2008
Not available / text
Lau, Nam-hoi, Skovon., 劉南凱.
published_or_final_version / Business Administration / Master / Master of Business Administration
Mbabane, Simphiwe Mkhululi
Magister Legum - LLM
Massyn Romo, Rosie Hermina.
15 July 2014
M.Ing. (Engineering Management) / Revenue Assurance is an emerging discipline in the Communication Service Provider (CSP) industry. It is a fast changing and maturing field driven by proactive CSPs and industry providers of Revenue Assurance technology and services. Two practice guideline bodies, the TeleManagement Forum and the Global Revenue Assurance Professions Association (GRAPA), have issued various practice guidelines, maturity assessment models, and the first attempts to certify practitioners in this discipline. The discipline, however, lacks a working set of definitions. Industry writing is of commercial value with little contribution from an academic perspective. This study provides a provisional taxonomy as basis for introducing a working' set of definitions to support academic enquiry into the discipline of Revenue Assurance. The study employed Grounded Theory and document analysis techniques to code and analyse data available in the public domain. The result is a set of grounded concepts, re-conceptualised into a taxonomy, which provides structure to academia as primary users. It is hoped that the proposed taxonomy will provide a common base of understanding, which will guide future dialogue and expansion of the field, with contributions from both industry and academia.
The correlative study on school-based finance management¡Bthe equality of educational opportunity and school efficiencyYang, Wen-cheng 20 July 2008 (has links)
Abstract The purpose of this study is to examine the relationship of junior high school educators¡¦ attitudes in Tainan county toward the school-based finance management¡Bthe equality of educational opportunity and school efficiency. With the result¡Awe may analyse the expectation on the equality of educational opportunity and school efficiency. This study was conducted by the questionnaires survey. The valid samples are 271. The data was collected by self-designed questionnaire, and analyzed by statistic methods of mean, standard deviation, independent samples t-test, one way ANOVA , Pearson's product-moment correlation and stepwise multiple regression. The following conclusions are derived¡G First, generally speaking, the junior high school faculties in Tainan county hold the positive attitudes toward school-based finance management. Second, there would be different attitudes toward school-based finance management with different school occupations. Third, there would be different attitudes toward the equality of educational opportunity with different school occupations. Fourth, entirely speaking¡Athe attitudes of junior high school faculties in Tainan county toward the expectation of school efficiency with school-based finance management are positive. Finally, support for school-based finance management would explain 36.2¢H of the equality of educational opportunity and 40.3¢H of school efficiency by total variance explained. Keywords¡Gschool-based finance management¡Bthe equality of educational opportunity¡Bschool efficiency
Page generated in 0.1046 seconds