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An application of Data Envelopment Analysis to benchmark CEO remuneration / Marli Theunissen.Theunissen, Marli January 2012 (has links)
The purpose of this study is to determine whether the Data Envelopment Analysis (DEA) can be applied to Chief Executive Officer (CEO) remuneration of companies listed on the Johannesburg Stock Exchange (JSE) by defining inputs in terms of remuneration factors and outputs in terms of business factors in order to establish a benchmark for CEO remuneration.
An exploratory study is conducted, using cross-sectional data from a secondary source. The sample consists of 221 companies listed on the JSE that disclosed their financial and non-financial information during 2010. The DEA was performed to estimate the relative technical efficiency of CEOs to convert their remuneration into company performance indicators. Base Pay, Perquisites and Pension, Annual Bonus Plans and Long-term Incentives were used as the inputs to the DEA model and company performance and size, measured by Return on Equity (ROE) and Total Assets respectively, were used as the outputs to the model.
The empirical results prove that the DEA can be successfully applied as a benchmarking model for CEO remuneration that incorporates multiple inputs and outputs and establishes benchmarks and potential improvements for overpaid, inefficient CEOs. The CEOs from 80 of the 221 companies included in the sample emerged as the benchmark CEOs and formed the efficiency frontier against which inefficient CEOs were compared in order to determine the potential improvements for these CEOs.
From a research perspective, this study contributes to the advancement of CEO remuneration research by introducing an alternative model by which CEO remuneration can be analysed. Future studies can analyse CEO remuneration by using other variables or time series data in the DEA model or combine the DEA with other methods like the regression analysis to perform more comprehensive investigations.
From a practical perspective, the DEA can be used to establish a benchmark for CEO remuneration. Remuneration committees can use the results of the DEA as a guide to determine acceptable remuneration levels and decrease the pay gap between CEOs and the average worker.
The originality of this study lies in the fact that it is the first South African study that used the DEA instead of the regression analysis to analyse CEO remuneration of companies listed on the JSE. This study also disaggregated Total CEO Remuneration into Base Pay, Perquisites and Pension, Annual Bonus Plans and Long-term Incentives to provide more accurate benchmark information. In addition, this is the first study that established benchmark CEO remuneration levels and suggested improvements to the remuneration package structure of overpaid, under-performing CEOs of companies listed on the JSE. / Thesis (MCom (Management Accountancy))--North-West University, Potchefstroom Campus, 2013.
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Impact of job stress on the performance of workers in public health institutions of the Eastern Free State in South Africa / Solomon Mike Mulumba Semakula-KatendeSemakula-Katende, Solomon Mike Mulumba January 2005 (has links)
(MBA) North-West University, Mafikeng Campus, 2005
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An application of Data Envelopment Analysis to benchmark CEO remuneration / Marli Theunissen.Theunissen, Marli January 2012 (has links)
The purpose of this study is to determine whether the Data Envelopment Analysis (DEA) can be applied to Chief Executive Officer (CEO) remuneration of companies listed on the Johannesburg Stock Exchange (JSE) by defining inputs in terms of remuneration factors and outputs in terms of business factors in order to establish a benchmark for CEO remuneration.
An exploratory study is conducted, using cross-sectional data from a secondary source. The sample consists of 221 companies listed on the JSE that disclosed their financial and non-financial information during 2010. The DEA was performed to estimate the relative technical efficiency of CEOs to convert their remuneration into company performance indicators. Base Pay, Perquisites and Pension, Annual Bonus Plans and Long-term Incentives were used as the inputs to the DEA model and company performance and size, measured by Return on Equity (ROE) and Total Assets respectively, were used as the outputs to the model.
The empirical results prove that the DEA can be successfully applied as a benchmarking model for CEO remuneration that incorporates multiple inputs and outputs and establishes benchmarks and potential improvements for overpaid, inefficient CEOs. The CEOs from 80 of the 221 companies included in the sample emerged as the benchmark CEOs and formed the efficiency frontier against which inefficient CEOs were compared in order to determine the potential improvements for these CEOs.
From a research perspective, this study contributes to the advancement of CEO remuneration research by introducing an alternative model by which CEO remuneration can be analysed. Future studies can analyse CEO remuneration by using other variables or time series data in the DEA model or combine the DEA with other methods like the regression analysis to perform more comprehensive investigations.
From a practical perspective, the DEA can be used to establish a benchmark for CEO remuneration. Remuneration committees can use the results of the DEA as a guide to determine acceptable remuneration levels and decrease the pay gap between CEOs and the average worker.
The originality of this study lies in the fact that it is the first South African study that used the DEA instead of the regression analysis to analyse CEO remuneration of companies listed on the JSE. This study also disaggregated Total CEO Remuneration into Base Pay, Perquisites and Pension, Annual Bonus Plans and Long-term Incentives to provide more accurate benchmark information. In addition, this is the first study that established benchmark CEO remuneration levels and suggested improvements to the remuneration package structure of overpaid, under-performing CEOs of companies listed on the JSE. / Thesis (MCom (Management Accountancy))--North-West University, Potchefstroom Campus, 2013.
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Work-personal life interaction of Afrikaans speaking police officers : a phenomenological study / Eva Kefilwe SekwenaSekwena, Eva Kefilwe January 2006 (has links)
Effectiveness, productivity and motivation of police members are important factors
that contribute to a country's stability, economic growth and development. As such,
understanding experiences that police members might have with regard to the
relationship between their work and personal life is the main focus area in this study.
The objectives of this study were to determine how Afrikaans speaking police
members experience work-personal life interaction, and secondly, to determine the
main dimensions in the lives of Afrikaans speaking police members that is in
interaction with each other, and thirdly, to determine the major antecedents and
consequences of work-personal life for Afrikaans speaking police members, and
fourthly, to determine which strategies Afrikaans speaking police members use to deal
with work-personal life issues. Unstructured interviews were conducted with ten
males and females in the police stations based in the Potchefstroom and Klerksdorp
areas. Qualitative interviews based on the phenomenological paradigm, were used to
determine police officers perception regarding work and personal life interaction. A
Content analysis was used to analyse, quantify and interpret the research data.
Police members reported experiencing their work as stressful, in that it interfered
negatively with their lives and also had certain health implications. They further
experienced some aspects in their personal lives (e.g., household duties, family
responsibilities) interfering with their work. Furthermore, they reported using certain
strategies (e.g., communication, support from a spouse) as a way of bettering the
interaction between their work and personal lives.
Recommendations for future research were made, / Thesis (M.A. (Industrial Psychology))--North-West University, Potchefstroom Campus, 2007.
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Training and localisation policy: a case study of Swaziland.Mthethwa, Kholekile F January 2004 (has links)
The aim of the study was to investigate why it was deemed necessary to train and localise the public and private sectors by the Swaziland government. The efforts began shortly before Swaziland attained independence in 1968. Many of the initiative to localisation started in pre-colonial Swaziland in 1966 leading to independence. The study also examined the drawbacks to training and localisation and how these were overcome. Swaziland inherited and was strongly dependent upon a strongly entrenched cadre of top-level public service and private administrators who were expatriates. The study also examined how far localisation has gone to date.
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I skuggan av Preussen : Svenska officerares studieresor till Frankrike före första världskriget / In the shadow of Prussia : the study tours undertaken by Swedish officers before the First World WarSchöön, Urban January 2010 (has links)
In the decades leading up to the First World War, the Swedish army (as the rest of Swedish society) was greatly influenced by Germany (i.e. subject primarily to Prussian military influence). German equipment was purchased and German training methods and ways of organizing military units were copied. Apart from such easily discernible traces of German influence, the Swedish officer corps - according to earlier research - harboured sympathies for Germany and the German Army. But did the German influences, and the sympathies for Germany, also result in a professional bias – i.e. in a lack of professional objectivity? The purpose of this essay is to examine whether the officer corps of the Swedish army in the period 1900-1914 managed to achieve a level of professional objectivity, i.e. if it in a systematic way endeavoured to study the military development in other countries than Germany. Earlier research has shown that Swedish officers travelled to all major European countries in order to study a wide range of subjects. The essay connects on to these results but also strives to examine the study tours as well as the officers who undertook them in greater depth. The author examines reports written by Swedish officers who studied in France between 1900 and 1914 as well as contemporary army lists. In the essay two main questions are raised: 1. Which were the subjects for Swedish military study tours to France before the First World War? 2. Which categories of officers (rank, posting, career etc.) undertook such tours? The following main results are presented: A very wide range of subjects were studied – all relevant to Swedish military development of that time. The coverage of subjects was probably due to a systematic approach from the army authorities responsible for the approval of money for the tours. The officers who studied abroad were drawn from various units and backgrounds. The result of the examination of contemporary army lists shows that a high percentage of them later enjoyed successful military careers (e.g. what seems to be a higher than average percentage were later promoted to the rank of full colonel) – and that the army put the knowledge acquired abroad to use. An indication of the latter is that many of them, after having studied abroad, were given postings with a connection to the subjects they had studied in France. All in all, the results indicate that the Swedish officer corps achieved a level of professional objectivity in spite of the strong German influences of that time.
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"Most humble homes": slum landlords, tenants, and the Melbourne City Council's health administration, 1888-1918Hicks, Paul Gerald Unknown Date (has links) (PDF)
The thesis examines the relationship between public health and questions of housing and poverty, in Melbourne, 1888- 1918. It is concerned with the way that with certain groups of people - local council workers, tenants of houses referred to as ‘slums’, and the owners of those houses - represented their experiences. And it seeks to place those representations in the context of the late nineteenth and early twentieth-century concern about the ‘housing problems’. It compares the public rhetoric of the housing reformers and politicians with letters written to the Melbourne City Council by landlords and tenants, and in doing so seeks to show that there were a whole range of housing ‘problems’ not addressed by the public discourse. (For complete abstract open document)
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Careers in captivity: Australian prisoner-of-war medical officers in Japanese captivity during World War IIHearder, Rosalind Shirley Unknown Date (has links) (PDF)
During World War II, 106 Australian medical officers were taken prisoner of war by the Japanese, along with 22,000 Australian troops and many thousands more British and Dutch. Over three and a half years, they accompanied work parties of Allied prisoners sent to camps all over southeast Asia and Japan, living in a variety of harsh and dangerous conditions. Despite the doctors’ efforts, one in three Australian POWs died in captivity. Of those who survived, most attributed this not to inner strength or to luck, but to the care of their medical personnel. Yet apart from the attention recently accorded to Sir Edward “Weary” Dunlop, who was only one of these doctors, the experiences and work of all Australian POW medical officers in World War II has been largely overlooked. / Medical officers were crucial for the survival of Australian prisoners, both physically and psychologically. Doctors attempted to keep men of all nationalities alive with little medication, tools or diagnostic equipment, and battled a variety or medical conditions, starvation and systematic physical brutality from their captors. As survival became more difficult, the increased status and responsibilities of the doctors had significant ramifications for the military chain of command and for the burdens on the doctors themselves. / This thesis explores many aspects of Australian POW doctors’ experience of captivity: the complexities of practising modern medicine without any of its tools; the development of unique strategies to combat a wide variety of environmental limitations and life-threatening medical conditions; the unique relationship between medical personnel and their captors; the relationships between Australian POW medical officers and combatant officers and a comparison with relationships in the British military in captivity; the daily dilemmas faced by doctors trying to reconcile their professional ethics with their military obligations, and how they coped with these responsibilities. Doctors’ continuing roles in the postwar lives of ex-POWs, and the influence captivity had on their own lives and careers after the war are also analysed. / While examination of the influence of medical officers on other prisoners’ lives is important, studying their experience as a group in their own right is equally valuable. In this thesis, both these areas are investigated to bring a variety of perspectives to understanding the complexity and importance of Australian POW doctors’ captivity experience.
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Gender in the Fifty-first New South Wales ParliamentSmith, Anthony Russell January 2002 (has links)
Doctor of Philosophy / Responsible Government began in New South Wales in 1856. Direct participation by women began 70 years later in 1925 with the election of Millicent Preston-Stanley. Her first speech questioned whether Parliament was a fit place for women. Another significant milestone was reached after another 70 years when female MLAs in the Fifty-first Parliament constituted 15% of the Legislative Assembly and female MLCs made up 33% of the Legislative Council. In the 1990s there was no formal barrier to the participation of persons on the basis of their sex but no scholarly study had addressed the question of whether the Parliament’s culture was open to all gender orientations. This study examines the hypothesis that the Parliament informally favoured some types of gender behaviour over others. It identifies ‘gender’ as behaviour rather than a characteristic of persons and avoids the conflation of gender with sex, and particularly with women exclusively. The research used interviews, observation and document study for triangulation. The thesis describes the specific context of New South Wales parliamentary politics 1995-1999 with an emphasis on factors that affect an understanding of gender. It explores notions of representation held by MPs, analyses their personal backgrounds and reports on gender-rich behaviours in the chambers. The study concludes that gender was a significant factor in the behaviour of Members of the Parliament. There were important differences between the ways that male and female MPs approached their roles. Analysis of the concept of gender in the Parliament shows that some behaviours are more likely to bring political success than are others. The methodology developed here by adapting literature from other systems has important strengths. The data suggest that there is a need for many more detailed studies of aspects of gender in parliaments.
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"Most humble homes" : slum landlords, tenants, and the Melbourne City Council's health administration, 1888-1918 /Hicks, Paul Gerald. January 1987 (has links)
Thesis (Ph. D.)--University of Melbourne, 1988. / Typescript (photocopy). Erratum inserted. Includes bibliographical references (leaves 627-652).
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