Thesis (MBA)--Stellenbosch University, 1997. / ENGLISH ABSTRACT: In this study it is attempted to determine whether delisting of companies on the
Johannesburg Stock Exchange is preceded by certain cash flow patterns.
Information was collected by summarising the Source and Application of Funds
statements and Cash Flow statements of companies into a spreadsheet model.
The cash flows of companies were then presented graphically over time with the
intent to derive possible patterns. It was also attempted to assess the impact of
depreciation on the cash flow situation, as well as the possible reasons for share
Issues.
Although the sample may be too small for definite conclusions, it seems as if
certain cash flow patterns preceded delisting and that share issues are related to
investing activities. Depreciation does not seem to have a substantial effect on
the cash flow situation. / AFRIKAANSE OPSOMMING: In hierdie studie word daar gepoog om vas te steI of denotering van maatskappye
op die Johannesburgse Effektebeurs voorafgegaan word deur sekere kontantvloei
patrone.
Inligting is versarneI deur maatskappye se Bron en Aanwending van Fondse state
en Kontantvloeistate in 'n sigbladmodeI saarn te vat.
Die kontantvloeie van maatskappye is dan grafies voorgesteI oor tyd ten einde
moontlike patrone af te lei. Daar is ook gepoog om die impak van
waardevermindering op die kontantvloei situasie te bepaaI, asook die moontlike
redes vir aandeeluitgifte.
AlhoeweI die monster moontlik te klein is vir definitiewe afleidings wil dit tog
voorkom of sekere kontantvloei patrone denotering voorafgaan en dat aandeeluitgifte
verband hou met investeringsaktiwiteite. Dit blyk dat waardevermindering
nie 'n wesenlike rol in die kontantvloei situasie speel nie.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/55491 |
| Date | 12 1900 |
| Creators | Coetzee, D. B. (Dirk Badenhorst) |
| Contributors | Hamman, W. D., Stellenbosch University. Faculty of Economic and Management Sciences. Graduate School of Business. |
| Publisher | Stellenbosch : Stellenbosch University |
| Source Sets | South African National ETD Portal |
| Language | af_ZA |
| Detected Language | Unknown |
| Type | Thesis |
| Format | 125 p. |
| Rights | Stellenbosch University |
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