Magister Economicae - MEcon / From 1947-1994, South Africans were ruled under apartheid – a racially discriminatory political and economic system. As the name itself implies, apartheid is an Afrikaans name meaning “apartness”. The provision of education in South Africa during this regime was poor, particularly for the African (black) population and most especially those living in homelands. This led to under-investment in human capital development particularly in the rural areas which resulted in, low levels of skills that have persisted till today. This has hindered those lacking the required skills to obtain lucrative employment and earning prospects. This study aims at investigating the impact of a household head’s educational attainment level on the poverty status of the household in South Africa with case study of Limpopo province. This study sought to establish if education has an effect on the poverty status of households in Limpopo Province. The Income and Expenditure Survey (IES) data conducted by Statistics South Africa, for the period 1995, 2000, 2005/06 and 2010/11 were used to carry out this investigation. The official absolute income poverty lines of R3864 (lower bound) and R7116 (upper bound) per capita per annum in 2000 prices were used. In order to establish the relationship between education and the poverty status of an individual or a household, a probit regression model has been used. The results obtained revealed that, there is a strong tendency for lower educational attainment to be associated with a higher prevalence of household poverty. That is, households headed by someone with primary or no education are more likely to be poorer than those headed by someone with tertiary education. Rural and Black households are the most vulnerable in Limpopo Province. Although there is large allocation of resources towards education, educational outcomes have not improved. This raises questions regarding the lack of association between educational outcomes and resource allocation.

The financial state of the most companies was significantly challenged by the last decade. Thus, financial managers must be aware of all factors that can contribute to the firm`s profitability in order to fight unstable economical environment. Working capital management`s effect on profitability has been raised recently and its importance is already known. This thesis aims to dig deeper into the relationship between working capital management and firm`s profitability across different sectors and different time periods. The subject for the empirical analysis are 908 UK manufacturing and 315 construction firms during the period of 2006-2013. The results indicate about the strong negative relationship between working capital, measured as cash conversion cycle (CCC) and gross operating profitability. Thus, it is an indicator that working capital and its characteristics must be included in the firm`s financial planning.

Corporate finance literature suggests that the capital structure decision has played a pivotal role over the years in driving the establishment and growth of firms. There is also a body of evidence that financial markets take a keen interest in firm performance, especially for those listed on the stock exchange. There is no empirical evidence that there is a causal relationship between capital structure and the firm’s performance despite the importance of the two concepts in corporate finance.This study uses the debt/equity ratio as a proxy for capital structure and a selected few financial ratios to represent attributes of firm performance (e.g. profitability and shareholder value) in investigating the relationship between the two in the South African context.The results based on stock exchange data as input are inconclusive but they lay a foundation for potential future research. Interesting insights are drawn from using some limitations identified in the literature to try and explain why the results are the way that they are. / Dissertation (MBA)--University of Pretoria, 2010. / Gordon Institute of Business Science (GIBS) / unrestricted

Commercial listed property is a complex, yet potentially lucrative asset class to invest in. South Africa’s property index delivered average returns of 34% for 2006/7 and was rated best performer internationally. While many of the funds in the sector as still forecasting excellent yields, some are struggling to survive in the current, difficult economic environment. The main objective of this study was to enter the realm of the property fund manager in order to gain a better understanding of the underlying assets, the macro-economic challenges, portfolio risks and investment valuation criteria. A qualitative research study was done with decision makers within the listed property environment using investment case studies covering the retail, office, industrial and hotel sectors. The results of the research were developed into a framework providing insight into the investment valuation process and portfolio strategies employed by some of the leading funds and which can be used as a decision-model for potential investors. / Dissertation (MBA)--University of Pretoria, 2010. / Gordon Institute of Business Science (GIBS) / unrestricted

There has been a world-wide shift from an expectation of long-term, organisation led employment to one where knowledge workers are comfortable with driving their own careers and accruing career capital independent of the organisation. Little empirical research exists in the field of career capital. This research aims to determine the relevant components of career capital and the methods used by high - value knowledge workers to acquire their career capital. Differences in these areas, between sub-groupings, are examined, as are the reasons for future career changes. The research was conducted in a large financial institution using two phases. The first qualitative phase set out to determine valid constructs for phase two. The quantitative second phase used a structured questionnaire administered through both focus groups and electronically, with 113 high - value knowledge workers providing the data. The research findings show that high - value knowledge workers are self - monitors. They rely heavily on their emotional intelligence, social networking and a yearning for knowledge. A new model, the “symbiosis model”, has been created to facilitate a successful and symbiotic relationship between organisations and high - value knowledge workers. A set of recommendations has been provided for both. / Dissertation (MBA)--University of Pretoria, 2010. / Gordon Institute of Business Science (GIBS) / unrestricted

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The intent of this thesis is to conduct an empirical study of social capital in a single resource dependent fishing community, Petty Harbour, Newfoundland. The community under study, Petty Harbour, has a 335 year attachment to what was its primary fishery, Northern cod (Gadus morhua). This ended in 1992 when the Canadian government implemented an indefinite moratorium on Northern cod. Historically the community has exhibited high levels of activism aimed for the most part at protectionism of its primary economic mainstay, the fishery. Social capital by definition implies available resources embedded in social structures such as informal networks that can be accessed and mobilized by individuals or groups for either personal or communal gain (Coleman, 1988; Putnam, 2000; Krishna, 2002; Onyx, 2005). High levels of social capital can lead to collective activism, which according to some, is the single most important contributing factor to sustainability because without activism, an outcome of social capital, there maybe no hope for recovery and sustainability. My hypothesis is that the extent to which one is socially connected through network ties to close friends and/or family (structural social capital) and the level of trust in neighbors (cognitive social capital) will positively correlate with their involvement with activism. Leadership and sense of ownership are introduced as additional independent variables to further explore explanations for the community's level of collective activism and stewardship of the resource. Treating activism as a dependent variable, I am going to examine social capital indicators, suggesting network ties (weak, strong) as independent variables that can partially explain the historically high level of activism. I am also going to propose that the independent variables leadership and sense of ownership will also positively correlate with activism. / Arts, Faculty of / Sociology, Department of / Graduate

The main research problem in this study was to identify a framework that can be utilised for the integration of skilled/professional self-initiated expatriates (SIEs) into Qatari organisations. The main research problem gave rise to six sub-problems that were addressed through the following actions: A literature study was conducted to explore what the existing literature revealed about facilitating successful expatriate integration. In particular, the theoretical guidelines for expatriate recruitment and selection, orientation and cross-cultural integration were presented and discussed. Special attention was given to community embeddedness. Semi-structured interviews were conducted with ten members from the sample group. These were undertaken to obtain their views on the expectations that their organisations had of them upon their arrival in Qatar, as well as on what they felt made it easy or difficult for them to adjust. Subsequently, a structured survey questionnaire was developed using the theoretical guidelines from the literature review and the insights gained from the semi-structured interviews. The survey was conducted in Qatar and administered to 102 skilled/professional self-initiated expatriates from diverse backgrounds and three work sectors, namely: healthcare, education and aviation. The final sample size was 94 due to eight questionnaires not being completed properly. The results from the empirical study revealed a gap between theoretical guidelines/ best practices and the recruitment and selection, orientation and cross-cultural integration practices at the respondents’ organisations. The knowledge gained from the existing literature and from the quantitative and qualitative results of the empirical study were combined and developed into a framework for the integration of skilled/professional self-initiated expatriates into Qatari organisations (refer to Table 5.35). Areas that were identified for improvement related to issues such as the need for Qatari organisations to: provide SIEs with more comprehensive information regarding the role that they will play as knowledge workers with regard to the development/training of Qatari nationals; implement a more comprehensive recruitment, selection and orientation process, and implement a more robust set of strategies to enhance the cross-cultural integration of their expatriate workers. Globalisation has fuelled organisations and countries towards building and/or strengthening knowledge-based economies. However in order to build competitive, knowledge-based economies, organisations and countries require skilled/professional workers. Skilled/professional self-initiated expatriates can provide Qatar with a pipeline of knowledge workers to support the growth of their emerging knowledge-based economy. As such, a framework that will enhance the integration of self-initiated expatriates into Qatari organisations is of paramount importance, specifically with regard to fostering performance excellence, satisfaction and community embeddedness within the Qatari work and cultural system.

In an ever changing world, consumers are less and less responsive to traditional advertising, which creates a challenge for marketers, as they need to constantly develop new marketing communication tools to make a lasting impression on current and potential consumers. Consumers of the twenty first century are described as emotionally acting individuals, and has led to a increase in creative and emotional marketing communication tools, for example sponsorship, which is an increasingly important element of an integrated marketing communication strategy. Because of the value sponsorship can have for a business, and the high costs involved in this marketing initiative, it is imperative to examine variables that might be influential, in order to apply this promotional activity to the business’ advantage (Belch & Belch 2007:12; Hartland, Skinner & Griffiths 2005:164-173; Nicholis, Roslow & Dublish 1999:365-387; Pham & Vanheule 1997:407-417). Because of the important effect of sponsorship, marketing managers seek clarity in respect of which events to support and to link their business’ brand with or not. There is however little guidance in literature available on which events to sponsor and how to exploit resources efficiently and effectively (Crimmins & Horn 1996; Speed & Thompson 2000). Therefore, the objective of this study is to identify factors that might influence sponsorship initiatives within corporate businesses in South Africa. The variables that was identified for the study at hand was marketing related variables namely branding, marketing ethics and green marketing, and human resources related variables namely, corporate culture, values and employee empowerment. In order to determine the influence of the predetermined variables on sponsorship, an empirical investigation was conducted. The positivistic (phenomenological) approach was used in this study as the aim was to determine whether a relationship exists between selected independent variables and the dependent variable, via the intervening variables, using statistical analysis. In order to gather primary data, selfadministered questionnaires were issued to 182 respondents by means of convenience and snowball sampling of which the results were analysed to arrive at conclusions regarding the research in question. The empirical analysis of the data followed the following statistical steps: exploratory factor analysis to test the validity of the measuring instrument, Cronbach Alpha correlation coefficients to confirm the reliability of the questionnaire, SEM goodness-of-fit, multiple regression analysis to test the hypothesised relationships between the independent, intervening and dependent variables, ANOVA and descriptive statistics. The main findings of this study suggest that branding and green marketing have a significantly positive relationship with sponsorship, indicating the importance of a business’ brand and environmental awareness in terms of its emotional marketing initiatives. These relationships iIn an ever changing world, consumers are less and less responsive to traditional advertising, which creates a challenge for marketers, as they need to constantly develop new marketing communication tools to make a lasting impression on current and potential consumers. Consumers of the twenty first century are described as emotionally acting individuals, and has led to a increase in creative and emotional marketing communication tools, for example sponsorship, which is an increasingly important element of an integrated marketing communication strategy. Because of the value sponsorship can have for a business, and the high costs involved in this marketing initiative, it is imperative to examine variables that might be influential, in order to apply this promotional activity to the business’ advantage (Belch & Belch 2007:12; Hartland, Skinner & Griffiths 2005:164-173; Nicholis, Roslow & Dublish 1999:365-387; Pham & Vanheule 1997:407-417). Because of the important effect of sponsorship, marketing managers seek clarity in respect of which events to support and to link their business’ brand with or not. There is however little guidance in literature available on which events to sponsor and how to exploit resources efficiently and effectively (Crimmins & Horn 1996; Speed & Thompson 2000). Therefore, the objective of this study is to identify factors that might influence sponsorship initiatives within corporate businesses in South Africa. The variables that was identified for the study at hand was marketing related variables namely branding, marketing ethics and green marketing, and human resources related variables namely, corporate culture, values and employee empowerment. In order to determine the influence of the predetermined variables on sponsorship, an empirical investigation was conducted. The positivistic (phenomenological) approach was used in this study as the aim was to determine whether a relationship exists between selected independent variables and the dependent variable, via the intervening variables, using statistical analysis. In order to gather primary data, selfadministered questionnaires were issued to 182 respondents by means of convenience and snowball sampling of which the results were analysed to arrive at conclusions regarding the research in question. The empirical analysis of the data followed the following statistical steps: exploratory factor analysis to test the validity of the measuring instrument, Cronbach Alpha correlation coefficients to confirm the reliability of the questionnaire, SEM goodness-of-fit, multiple regression analysis to test the hypothesised relationships between the independent, intervening and dependent variables, ANOVA and descriptive statistics. The main findings of this study suggest that branding and green marketing have a significantly positive relationship with sponsorship, indicating the importance of a business’ brand and environmental awareness in terms of its emotional marketing initiatives. These relationships imply that, according to respondents, if these two aspects improve within the business, so could its sponsorship initiatives. Interestingly, it was established that ethics was insignificant in terms of a business’sponsorship initiatives. Corporate culture and values had a positive relationship with sponsorship, and employee empowerment proved to be negatively related to Sport and Broadcast sponsorship, with no significant relationship with Education and Community sponsorship. Additionally, the empirical investigation revealed that the ethnicity of respondents exerted an influence on the perception employees have regarding ethics, employee empowerment and Sport and Broadcast sponsorship within the businesses they are employed at. As this study assisted in the development of sponsorship strategies for businesses to implement, it will have a direct benefit to marketers and businesses in general so that sponsorship initiatives can be directed in such a way to maximise the return on investment for a business. The implications of this study will be of great value to marketing managers as sponsorship is such an important marketing strategy and communications tool which impacts on the overall business objectives.mply that, according to respondents, if these two aspects improve within the business, so could its sponsorship initiatives. Interestingly, it was established that ethics was insignificant in terms of a business’ sponsorship initiatives. Corporate culture and values had a positive relationship with sponsorship, and employee empowerment proved to be negatively related to Sport and Broadcast sponsorship, with no significant relationship with Education and Community sponsorship. Additionally, the empirical investigation revealed that the ethnicity of respondents exerted an influence on the perception employees have regarding ethics, employee empowerment and Sport and Broadcast sponsorship within the businesses they are employed at. As this study assisted in the development of sponsorship strategies for businesses to implement, it will have a direct benefit to marketers and businesses in general so that sponsorship initiatives can be directed in such a way to maximise the return on investment for a business. The implications of this study will be of great value to marketing managers as sponsorship is such an important marketing strategy and communications tool which impacts on the overall business objectives.

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