Thesis (LLM. (Development and Management Law)) -- University of Limpopo, 2013 / This mini-dissertation relates to the mode of ownership of the country’s natural, mineral and petroleum resources, their contribution to the economy, the Growth Domestic Income and the overall role played by these resources to better the lives of the ordinary citizens and their impact on the socio economic circumstances in general. In terms of the previous mining legislation in South Africa, mineral rights were held privately and in some instances by the state. Following the 1994 democratic breakthrough, the Mineral and Petroleum resources Development Act now vests the ownership of mineral rights in the state as the custodian and owner on behalf of the people of South Africa and the mineral resources are the common heritage of the people. The vesting of the mineral rights does not however interfere with the right to private ownership of property which is expressly guaranteed by the property clause in the constitution. The new Mining legislative regime with specific and particular reference to the Mineral and Petroleum Resources Development Act and National Environmental Management Act are precisely paced to ensure optimal exploitation of natural resources while promoting sustainable development.

Thesis (doctoral)--Universität zu Köln, 2001.

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Business / Doctoral / Doctor of Philosophy

published_or_final_version / Law / Master / Master of Laws

In the first chapter, we assess the effect of changes of government ownership on corporate innovation activities. Across 58 non-US countries, treatment firms’ innovation, both in quantity and quality, decrease after a governmental acquisition by using a difference-in-difference regressions and propensity score matching. We show that there is conflict of interest between major shareholders and minor shareholders. The corporate innovation efficiency also decline after the government acquisition. We find that this negative relationship is more severe for the group with higher government ownership of banks, better creditor rights and worse stock market development. For second chapter, if the optimal capital structure exists, an overleveraged firm is expected to move towards the target structure by taking actions that would lower the leverage. Many previous studies, however, show that leverage-decreasing transactions, including offering stocks in exchange of bonds, are meted out with negative market reactions, suggesting deficiencies of the trade-off theory in explaining this phenomenon. In this paper we hypothesize and show that the negative market reactions might be attributed to incorrect rebalancing by poorly-governed firms in the under-leverage domain, who instead of increasing leverage are purposely engaged in leverage-reducing activities.

Thesis (Ph.D.)--Hong Kong Baptist University, 2000. / Thesis submitted to the Dept. of Government and International Studies. Includes bibliographical references (leaves 105-127).

Thesis (Ph. D.)--University of Texas at Austin, 2007. / Vita. Includes bibliographical references.

Thesis (Ph.D.)--University of Wollongong, 2004. / Typescript. EMBARGOED-this thesis is subject to a six month embargo (20/03/06 to 20/09/06) and may only be viewed and copied with the permission of the author. For further information please Contact the Archivist. Includes bibliographical references: p. 335-370.

Thesis (M.A.)--Carleton University, 2003. / Includes bibliographical references (p. 143-152). Also available in electronic format on the Internet.