Southern African Business Review最新文献_第7页

Financial insight and behaviour of household consumers in Port Elizabeth 伊丽莎白港家庭消费者的财务洞察和行为

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6052

Elizabeth, G. G. Rousseau, D. Venter

{"title":"Financial insight and behaviour of household consumers in Port Elizabeth","authors":"Elizabeth, G. G. Rousseau, D. Venter","doi":"10.25159/1998-8125/6052","DOIUrl":"https://doi.org/10.25159/1998-8125/6052","url":null,"abstract":"Financial literacy is a crucial factor affecting individuals, households, financial institutions and the broader economy of South Africa (Oseifuah 2012: 23–24). Lack of financial literacy has been cited by various commentators (Brink 2011: 3, Schüssler 2014: 1–2; Dempsey 2015: 1–3) as the main reason for poor saving rates, increasing consumer debt and inadequate retirement planning among South Africans. The purpose of this study was to investigate the financial insight and behaviour of household consumers in Port Elizabeth. Economists have urged South Africans to start living within their means, improve their money management skills and ensure they eliminate debt, which can be viewed as the symptoms of mediocre financial insight and behaviour. Addressing these problems requires empirical evidence. A research model guided the investigation. A field survey (n = 560 consumers) was conducted in Port Elizabeth. The survey revealed six factors for financial behaviour and one for financial insight. The negative results for most factors confirmed the need for improved financial literacy of Port Elizabeth consumers. Significant relationships between demographical variables and financial behavioural factors were further observed for the sampled population. Educators and training facilitators should focus in their financial literacy programmes on financial planning, executing, vigilance, discipline, control and outsourcing personal financial services. Marketers and providers of credit should act responsibly when dealing with consumers with inadequate financial literacy.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82338804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A re-examination of the exchange rate overshooting hypothesis: Evidence from Zambia 对汇率超调假说的重新审视:来自赞比亚的证据

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6060

L. Chiliba, P. Alagidede, E. Schaling

{"title":"A re-examination of the exchange rate overshooting hypothesis: Evidence from Zambia","authors":"L. Chiliba, P. Alagidede, E. Schaling","doi":"10.25159/1998-8125/6060","DOIUrl":"https://doi.org/10.25159/1998-8125/6060","url":null,"abstract":"2Dornbusch’s exchange rate overshooting hypothesis has guided monetary policy conduct for many years, despite the fact that empirical evidence on its validity is mixed. This study re-examines the validity of the overshooting hypothesis by using the autoregressive distributed lag (ARDL) procedure. Specifically, the study investigates whether the overshooting hypothesis holds for the United States dollar/Zambian kwacha (USD-ZMK) exchange rate. In addition, the study tests whether there is a long-run equilibrium relationship between the USD-ZMK exchange rate and relevant macroeconomic fundamentals. Using monthly nominal USD/ZMK exchange rates and monetary fundamentals data from January 2000 to December 2012, the study finds no evidence of exchange rate overshooting. The results also show that there is no long-run equilibrium relationship between the exchange rate and the differentials of macroeconomic fundamentals. The implication is that macroeconomic fundamentals are insignificant in determining the exchange rate fluctuations in the long run. This finding is inconsistent with the monetary model of exchange rate determination, which asserts that there is a long-run relationship between the exchange rate and macroeconomic fundamentals.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86878167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Three snapshots of business ethics education at South African business schools: Sharp or still blurred? 南非商学院商业道德教育的三张快照:清晰还是模糊?

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6063

T. Louw, J. Wessels

{"title":"Three snapshots of business ethics education at South African business schools: Sharp or still blurred?","authors":"T. Louw, J. Wessels","doi":"10.25159/1998-8125/6063","DOIUrl":"https://doi.org/10.25159/1998-8125/6063","url":null,"abstract":"This article reports on a study comparing three recordings (snapshots) of the provision of business ethics education in MBA curricula at South African business schools. The purpose of the study was to determine whether the occurrence of business ethics education in South African MBA programmes increased between 2003 and 2011 and between 2011 and 2016. A review of the relevant scholarly literature has shown that, although business education can be included in MBA curricula through its integration in the various modules of the programme, or through dedicated modules for business ethics, both these ways of inclusion can be regarded as necessary conditions for meaningful inclusion. This study focused only on the inclusion of dedicated business ethics modules. A directed content analysis was done of reports of the Council on Higher Education as well as MBA and MBL curricula documents of business schools. The comparison of the three snapshots revealed a decline between 2003 and 2011, as well as a further decline between 2011 and 2016 in the number of MBA programmes with a meaningful inclusion of business ethics in their curricula. The results of this study have confirmed that there is cause for concern about the quality of the MBA.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87120695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Entrepreneurial intentions amongst Master of Business students in efficiency-driven economies: South Africa and Poland 南非和波兰:效率驱动型经济体中商科学硕士学生的创业意图

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6054

C. Nieuwenhuizen

{"title":"Entrepreneurial intentions amongst Master of Business students in efficiency-driven economies: South Africa and Poland","authors":"C. Nieuwenhuizen","doi":"10.25159/1998-8125/6054","DOIUrl":"https://doi.org/10.25159/1998-8125/6054","url":null,"abstract":"The purpose of this research was to determine the relevance of the constructs of the Liñán and Chen (2009) Entrepreneurial Intention Questionnaire for Master of Business students in two efficiency-driven economies, and to test the empirical validity of an entrepreneurial intention model. After the number of factors and the related items of each had been determined by exploratory factor analysis (EFA), a confirmatory factor analysis (CFA) was conducted to verify the factor structure and to enable testing of the hypotheses regarding the existence of relationships between observed variables and their underlying latent constructs. The CFA confirmed the entrepreneurial intention (EI), personal attitude (PA), perceived behavioural control (PBC), entrepreneurial self-efficacy (ESE), social valuation (SV), closer valuation (CV) and entrepreneurial Competence (EC) variables as a preliminary step for the structural equation model (SEM) analysis. The comparative fi t index and the root means square error of approximation (RMSEA) indicated that the proposed model had an acceptable fi t. The model parameters of all the components of the model were then determined to test the hypotheses relating to the model. Significant relationships between personal attitude and entrepreneurial intention and perceived behavioural control and entrepreneurial intention were proven. No other significant relationships between variables were identified.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81971532","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Work-life balance, job satisfaction and turnover intention amongst information technology employees 信息技术员工工作与生活平衡、工作满意度与离职倾向

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6059

R. Oosthuizen, M. Coetzee, Z. Munro

{"title":"Work-life balance, job satisfaction and turnover intention amongst information technology employees","authors":"R. Oosthuizen, M. Coetzee, Z. Munro","doi":"10.25159/1998-8125/6059","DOIUrl":"https://doi.org/10.25159/1998-8125/6059","url":null,"abstract":"Talent retention is of particular concern in the information technology (IT) sector owing to globalisation, the skills shortage and rapidly advancing technology. Employee turnover has significant costs and negative consequences for organisations. The objective of this study was to explore the association between employees’ experiences of work-life balance (as measured by the Survey Work-Home Interaction- Nijmegen), job satisfaction (as measured by the Minnesota Satisfaction Questionnaire) and their turnover intention (as measured by the Turnover Intention Scale). A random sample of 79 permanently employed salaried employees in a South African IT company participated in the study. The participants were represented by predominantly white and married people between the ages of 26 and 45 and people with more than 10 years’ tenure. Regression analysis showed that experiences of negative work-home interaction and positive work-home interaction significantly predicted job satisfaction and turnover intention. Job satisfaction also significantly predicted turnover intention. However, no interaction effect was observed between overall work-life balance and job satisfaction in predicting turnover intention. White employees had significantly stronger experiences of job satisfaction and negative home-work interface, while black employees had significantly stronger positive experiences of home-work interface and lower levels of job satisfaction. White and black employees, marital status and tenure groups differed significantly regarding their job satisfaction. Talent retention strategies should consider the relationships between work-life balance, job satisfaction and turnover intention.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78975797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 45

A new paradigm of knowledge management: Crowdsourcing as emergent research and development 知识管理的新范式:作为新兴研发的众包

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6041

C. Callaghan

{"title":"A new paradigm of knowledge management: Crowdsourcing as emergent research and development","authors":"C. Callaghan","doi":"10.25159/1998-8125/6041","DOIUrl":"https://doi.org/10.25159/1998-8125/6041","url":null,"abstract":"1Drawing from knowledge management theory, this paper argues that the knowledge aggregation problem poses a fundamental constraint to knowledge creation and innovation, and offers a potential solution to this problem. Specific consequences of innovation failure include the failure of research and development to deliver new medicines to address threats such as widespread and increasing antibiotic resistance, the rise of airborne multidrug-resistant or totally drug-resistant tuberculosis, as well as a lack of new drugs to deal with emerging threats such as Ebola. Persistent constraints to knowledge creation exist in the form of market failure, or the failure of profit-seeking models of innovation to internalise the positive externalities associated with innovations, as well as academic failure, or the failure of academic research to provide much needed innovations to address societal problems. However, a lack of theory exists as to how to transcend these constraints to knowledge aggregation. This paper presents a probabilistic theoretical framework of innovation, suggesting that the ‘wisdom of the crowd’, or emergent properties of problem-solving, may emerge as a function of scale when crowdsourcing principles are applied to research and development. It is argued in this paper that the consequences of a lack of knowledge of innovation failure are already upon us, and that a radical new approach to knowledge management and innovation is needed.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82802094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 12

Determinants of enhanced risk disclosure of JSE Top 40 Companies: the board risk committee composition, frequency of meetings and the chief risk officer JSE 40强公司风险披露增强的决定因素:董事会风险委员会组成、会议频率和首席风险官

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6050

Christa Viljoen, B. Bruwer, Z. Enslin

{"title":"Determinants of enhanced risk disclosure of JSE Top 40 Companies: the board risk committee composition, frequency of meetings and the chief risk officer","authors":"Christa Viljoen, B. Bruwer, Z. Enslin","doi":"10.25159/1998-8125/6050","DOIUrl":"https://doi.org/10.25159/1998-8125/6050","url":null,"abstract":"Risk disclosure practices have received increasing attention in the wake of the 2008 global financial crisis. This study investigated possible determinants relating to the composition of the board committee responsible for risk management, the frequency of board risk committee meetings and whether the company employs a chief risk officer, which could manifest in an enhanced level of risk-related disclosure. Based on the possible determinants identified in the literature, nine hypotheses were developed in order to investigate which of these determinants relate to an enhanced level of risk disclosure by the selected companies. The first required integrated reports of non-financial companies in the Top 40 index of the JSE Securities Exchange were investigated in this study. Regarding one area of investigation, namely the level of risk management disclosure, it was found that the disclosure of companies whose risk committee met more frequently and the disclosure of companies that employed a chief risk officer, were of a relatively higher standard. With regard to the other area of investigation, namely the level of risk identification and mitigation disclosure, no clearly significant determinant of enhanced disclosure was identified.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75569210","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 11

The influencing role of social capital in the formation of entrepreneurial intention 社会资本在创业意向形成中的影响作用

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6043

M. Malebana

{"title":"The influencing role of social capital in the formation of entrepreneurial intention","authors":"M. Malebana","doi":"10.25159/1998-8125/6043","DOIUrl":"https://doi.org/10.25159/1998-8125/6043","url":null,"abstract":"This paper investigated the relationship between social capital and entrepreneurial intention using the theory of planned behaviour (TPB). The study was carried out by means of a cross-sectional survey and included 329 final-year commerce students at a rural university in the Limpopo province. A structured questionnaire was used to collect the data. The results show that social capital is significantly related to entrepreneurial intention, the attitude towards becoming an entrepreneur and perceived behavioural control. The findings indicate that the TPB is a valuable model for understanding the relationship between social capital and entrepreneurial intention. The results indicate that individuals are more likely to form intentions to start a business when they think that their decision to do so would be approved of by those close to them, when entrepreneurial activity is positively valued in the society, when they know other people who are entrepreneurs and successful entrepreneurs, and believe that they would be supported by those close to them when starting a business. This study contributes to the body of knowledge by shedding light on the role of social capital in the formation of entrepreneurial intention in a South African context.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72809294","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 12

The effect of integrated reporting on integrated thinking between risk, opportunity and strategy and the disclosure of risks and opportunities 综合报告对风险、机会和战略整合思维及风险和机会披露的影响

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6065

J. Moolman, M. Oberholzer, M. Steyn

{"title":"The effect of integrated reporting on integrated thinking between risk, opportunity and strategy and the disclosure of risks and opportunities","authors":"J. Moolman, M. Oberholzer, M. Steyn","doi":"10.25159/1998-8125/6065","DOIUrl":"https://doi.org/10.25159/1998-8125/6065","url":null,"abstract":"Integrated reporting requires a new form of disclosure to provide a holistic view of the organisation and aims to support integrated thinking, decision-making and actions that focus on the creation of value. The International Integrated Reporting Framework (IIRC 2013b) provides guidelines for the content elements required in an integrated report. One of the content elements is ‘risks and opportunities’. This study firstly assessed whether integrated reporting has enhanced integrated thinking between strategy and the risks and opportunities faced by the organisation. For this purpose, a web-based research questionnaire was sent to high-level implementers of integrated reporting at companies listed on the Johannesburg Stock Exchange (JSE) in South Africa, where integrated reporting is a listing requirement. The results of the study provide new insights for companies preparing integrated reports, as well as other stakeholders, which show that integrated reporting has driven change towards integrated thinking between strategy, risks and opportunities. Secondly, a content analysis was done on a sample derived from the top 100 companies listed on the JSE to determine whether integrated reporting has brought about a change in the disclosure of risks and opportunities. The results provide new research findings and indicate that most companies conform to the disclosure requirements noted in the International Framework (IIRC 2013b) regarding risks and opportunities except for disclosures relating to the assessment of specific risks. The content analysis further found that integrated reporting has driven limited change in the disclosure of risks and opportunities.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78126800","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 33

Does entrepreneurship education matter for the enhancement of entrepreneurial intention? 创业教育对创业意向的提升有影响吗?

IF 0.6

Southern African Business Review Pub Date : 2019-03-27 DOI: 10.25159/1998-8125/6056

M. Malebana

{"title":"Does entrepreneurship education matter for the enhancement of entrepreneurial intention?","authors":"M. Malebana","doi":"10.25159/1998-8125/6056","DOIUrl":"https://doi.org/10.25159/1998-8125/6056","url":null,"abstract":"The purpose of this paper was to establish whether rural university students in South Africa who have had different levels of exposure to entrepreneurship education differ in entrepreneurial intention, attitude towards becoming an entrepreneur, perceived behavioural control, subjective norms and entrepreneurial competencies. A survey was conducted using a convenience and purposive sample of 355 South African university students from a comprehensive university in the Eastern Cape and a university of technology in Limpopo. A structured questionnaire was used to collect the data, which were analysed by means of SPSS. The respondents with three years’ exposure to entrepreneurship education were statistically significantly different from those with six months’ exposure to entrepreneurship education and those with no exposure to entrepreneurship education in entrepreneurial intention, attitude towards becoming an entrepreneur, perceived behavioural control and subjective norms. In addition, the respondents with three years’ exposure to entrepreneurship education were statistically significantly different from those with no exposure to entrepreneurship education in entrepreneurial competencies in terms of the ability to recognise and evaluate opportunities in the market. The results suggest that long term exposure to entrepreneurship education is vital in stimulating entrepreneurial intention.","PeriodicalId":44582,"journal":{"name":"Southern African Business Review","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89526608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5