South African Journal of Economic and Management Sciences最新文献

{"title":"Person–organisation fit, job satisfaction and intention to leave in the South African social development sector","authors":"Manare N. Maloba, Daphne Pillay-Naidoo","doi":"10.4102/sajems.v25i1.4572","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4572","url":null,"abstract":"it is organisations with a lack of resources, such as funding and employee development opportunities, that must mitigate significantly higher levels of turnover intention. In comparison to the private sector, public service organisations are faced with considerably higher levels of turnover intention (Prihandinisari et al. 2020). Unfavourable work environments, dissatisfaction with one’s job, and lack of intrinsic and extrinsic motivation are all reasons that have been cited for high intention to leave (ITL) in the public sector (Ayalew et al. 2015; Demircioglu & Berman 2019; Langbein & Stazyk 2018). In South Africa, the public service sector is in an ongoing battle to retain high-performing employees as a number of employees are moving into the private sector due to even higher-paying jobs, better benefits and greater opportunities for development. Similarly, those employees with valuable skills are difficult to attract and are in high demand, thus increasing the Background: The South African public service sector continues to lose employees due to more favourable working conditions offered by organisations in the private sector. Understanding intention to leave (ITL) can help public service mangers and leaders retain their highly skilled and high performing staff. Aim: The aim of the study was to determine the direct and indirect relationships between person–organisation fit (POF), job satisfaction (JS) and ITL in the South African social development sector (SDS). Setting: The sample used in this study was drawn from the SDS in South Africa ( n = 100). Methods: Cross-sectional survey data were analysed using the Statistical Package for the Social Sciences 27. Hayes PROCESS macro was used to test the mediating effect of JS in the relationship between POF and ITL. Results: Results indicated that POF shared a negative relationship with ITL, independent of the indirect relationship via JS, suggesting a partial mediation effect. The size of the indirect effect of POF on ITL, through JS, was larger than the direct effect of POF on ITL. Conclusion: The study provides support for understanding the relationships between ITL, POF and JS. The findings of this study have managerial implications as it provides insights on how to retain employees and decrease turnover intention in the South African SDS.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"33 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85903590","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The ugly truth about social welfare payments and households’ subjective well-being","authors":"Tamanna Adhikar, T. Greyling, Stephanié Rossouw","doi":"10.4102/sajems.v25i1.4646","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4646","url":null,"abstract":"those households in the highest income quintile receiving an SWP who experience a negative effect on well-being. Conclusions: Our study explains the lack of progress in decreasing inequality and lower levels of SWB. Additionally, our findings are of interest to the ongoing broader debates around the effects of SWPs globally on poverty, inequality and SWB. Many checks and balances should be in place to ensure only the most vulnerable access SWPs.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"16 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79253906","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Leadership styles and effectiveness in the workplace: A perspective of the millennial generation","authors":"Carole Easton, Renier Steyn","doi":"10.4102/sajems.v25i1.4541","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4541","url":null,"abstract":"Background: Millennial leaders are seen in the workplace as the leadership pipeline for the preceding generations, Generation X and baby boomers, particularly given that the older baby boomer generation are retiring. However, the correlation between leadership styles and leadership effectiveness and the consequences for leadership development have not been fully researched in the literature on millennial leaders. Aim: The aim of this research was to test differences between leadership styles and leadership effectiveness as perceived by both millennial followers and millennial leaders. Setting: This research was conducted in South Africa, in a variety of organisations, and through sampling of employees across generations. Methods: Cross-sectional data were collected with instruments based on the Pearce typology of leadership styles, after which the data were segmented according to three generations. After confirming reliability and general factorial validity of the instruments, regression analysis was performed to determine the contribution of four leadership styles towards leadership effectiveness. Results: Two of the leadership styles, namely empowering and transformational, were perceived by both millennial followers and leaders as being statistically significant predictors of leadership effectiveness, whilst the remaining two leadership styles, directive and transactional, did not have a statistically significant contribution towards leadership effectiveness. Conclusion: The results support the alternative hypotheses aligned with the literature review that millennials prefer empowering and transformational leadership styles as they regard these styles as effective. However, important to note is that Generation X has very similar preferences. This knowledge will assist with improved development of millennial leaders in the workplace.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"3 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84120666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Integrated report content evolution: A case study of the Johannesburg Securities Exchange food and drug retail sector","authors":"Vanessa Gregory","doi":"10.4102/sajems.v25i1.4397","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4397","url":null,"abstract":"Background: Since the release of the King III report in 2009, and the adoption of these principles in the Johannesburg Securities Exchange (JSE) listing requirements, there has been a surge in integrated reporting guidelines, including the release of the International Integrated Reporting Council (IIRC) framework and Global Reporting Initiative (GRI) sustainability reporting standards, with an updated code for corporate governance, King IV, subsequently being published. These introductions have simulated a growth in research on integrated reporting; however, the impact of these initiatives on the annual integrated report (AIR) composition or format has not been explored.Aim: The objective of this article is to examine, compare and contrast identified trends in the composition of published AIRs following the release of the aforementioned guidelines.Setting: JSE-listed companies in the food and drug retail sector were analysed from 2009 to 2018.Methods: The study applied both qualitative and quantitative content analysis techniques to analyse the composition of AIRs.Results: The composition of AIRs of companies within the given sector and timespan has shifted, shown through a decrease in the number of pages containing annual financial statements and an increase in governance, strategy and sustainability information. Annual integrated reports have moved to explaining financial results with reference to full financial statements published online, with the other identified shifts coinciding closely with the release of integrated reporting developments. These results suggest that there has been an uptake in application of new reporting initiatives.Contribution: The article revealed that new reporting guidelines had been applied, generating a change in the composition of AIRs over the years, contributing to the body of knowledge on the reporting of economic, environmental and social perspectives.Conclusion: A comprehensive foundational study has been created that has illustrated that AIRs have developed in relation to new reporting initiatives.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"1 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90207716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Reforming procurement standards in order to effectively deliver public infrastructure: Rethinking the regulatory environment in post-pandemic South Africa","authors":"J. Klaaren, R. Watermeyer","doi":"10.4102/sajems.v25i1.4465","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4465","url":null,"abstract":"strategic and developmental approach into South Africa’s public procurement policy regime and applying such an approach specifically in implementing investment in new infrastructure post-COVID19. A strategic and developmental approach to public procurement would represent a major advance beyond the administrative paradigm currently dominating the procurement regime. This study’s focus upon the regulatory framework in terms of which a pipeline of megaprojects can be delivered is crucial. As is broadly admitted across various government levels, it is not the availability of money but the ‘regulatory and policy environment’ that is weak in regard to infrastructure delivery (Planting 2020). This sentiment is confirmed in a recent National Planning Commission (NPC) background paper which found significant underspending of infrastructure budgets in all spheres of government and state-owned entities, as well as many differences in the understanding and interpretation of infrastructure regulation, policy and practice which undermine the effective and efficient procurement of public infrastructure (Watermeyer & Phillips 2020). Research has shown government policies are one of the significant factors exerting influence on supply chain flexibility. In turn, supply chain flexibility exerts a positive influence on the performance of the public supply chain (Mhelembe & Mafini 2019). This research study identifies a specific layer of regulation within the governance regime which is a key factor impeding the procurement and delivery of public infrastructure in South Africa. We first identify current weaknesses of conflict and confusion at the level of soft law in the procurement and delivery of public infrastructure projects. Then we present a detailed case study of a successful South African megaproject (the procurement and delivery of the public infrastructure for two new universities, the New Universities Project) to demonstrate that these weaknesses can be avoided. The research note’s regulatory account focuses on the key element of quality in the South African public procurement regime, distinguishing that concept from the often conflated notion of value-for-money. We discuss how the problems identified could be addressed by means of changes to soft law prior to the finalisation of the current and ongoing public procurement legislative reform process. Contribution: Through a case study of the on-time and with-budget public procurement and delivery of two new universities for South Africa, the article demonstrated that national policy on public infrastructure can be successfully implemented, with attention to the key soft law layer of regulation.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"26 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89095766","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Perceptions of writing prowess in honours economic students","authors":"J. du Toit, Anmar Pretorius, H. Louw, Magdaleen Grundlingh","doi":"10.4102/sajems.v25i1.4323","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4323","url":null,"abstract":"with numbers than with writing ability, some scholars on economics make a strong case for honing writing skills. To be an economist, is to be a writer, or in the words of McCloskey further states that writing ‘… is the Economist’s trade’. He also identifies the problem: Most people who write a lot, as do economists, have an amateurish attitude towards writing’ (McCloskey 1985:187). Therefore, the question: ‘How well do you think you write and Background: Economists are often asked to explain or foresee the economic impact of certain events. Except for theoretical and practical knowledge, clear communication of views is therefore required. However, post-graduate training in Economics mostly focuses on technical modules. Furthermore, students often overestimate their (writing) abilities – as described in the Dunning-Kruger effect. Aim: This article aims to establish if, and to what extent, perceptions of writing quality differ between students, subject-specific lecturers and writing consultants. Setting: Honours students at a South African university wrote an argumentative essay on a specific macroeconomic policy intervention. Methods: In this study qualitative samples (an evaluation rubric) were quantified for an in-depth analysis of the phenomenon, which allowed for a mixed-methods research design. The essays were evaluated by fellow students, the Economics lecturer, Academic Literacy lecturers and Writing Centre consultants and then their evaluations were compared. The evaluation form contained 83 statements relating to various aspects of writing quality. Results: Student evaluators in the peer review were much more positive than the other evaluators – in a potential confirmation of the Dunning-Kruger effect. However, despite the more generous evaluations, students were still able to distinguish between varying skills levels, that is, good and bad writing. Discrepancies in evaluations between the subject specialists were also observed. Conclusion: More conscious effort needs to be put into teaching economics students the importance and value of effective writing, with clear identification of the requirements and qualities of what is considered to be effective writing.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"6 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81549783","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Integrated report quality and earnings management – Evidence from South Africa","authors":"Anne-Marie Eloff, Shené Steenkamp","doi":"10.4102/sajems.v25i1.4581","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4581","url":null,"abstract":"approach to reporting. An integrated report is a single interconnected report that has the primary purpose to ‘explain to providers of financial capital how an organisation creates value over time’ (IIRC 2013). It highlights the connectivity of information and focuses on providing information that is relevant and long-1.Following Background: No prescribed standard disclosure requirements for integrated reporting exist. Instead, the International Integrated Reporting Framework is widely adopted, which provides guidelines for integrated reporting to improve the quality of information reported to end-users. These guidelines, however, allow management a degree of freedom in implementing integrated reporting, making the quality of disclosure thereof dependent on management’s approach to reporting. In contrast to the purpose of integrated reporting stands the management of earnings where management can use judgement to manipulate financial reports to mislead end-users. The conflicting theoretical objectives of integrated reporting and earnings management (EM) pose the question of how these two variables relate to one another. Aim: We examine the association between the quality of integrated reports and EM. Setting: Our sample consists of 238 company-years from 2013 to 2017 that were listed as part of the Johannesburg Stock Exchange (JSE) top 100 companies and were ranked on Ernst and Young (EY’s) annual Excellence in Integrated Reporting Awards. The likely association between integrated report quality (IRQ) and EM was identified based on theoretical frameworks, including the stakeholder and agency theories. Method: We perform a robust, one-way cluster regression on our main empirical model, measuring IRQ on rankings, determined by the annual EY Excellence in Integrated Reporting Awards and EM through discretionary accruals. Results: We find a statistically significant negative association between EM, measured as income increasing accruals, and IRQ. Conclusion: Results suggest that companies with income increasing EM activities are less likely to disclose higher quality integrated reports.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"76 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78048541","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Policy uncertainty, the economy and business","authors":"Raymond Parsons, W. Krugell","doi":"10.4102/sajems.v25i1.4422","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4422","url":null,"abstract":"evidence-based and there is a perennial tug of war between the state and market forces, against the backdrop of South Africa’s mixed economy.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"4 2 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80208916","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Evaluating the capacity of rural-based South African stakeholders in the transformation of small, medium-sized and micro-enterprises","authors":"T. R. Farisani","doi":"10.4102/sajems.v25i1.4592","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4592","url":null,"abstract":"livelihood by means of SMMEs. The original contribution to knowledge (also summarised as a framework) in this study lies in the process that rural-based stakeholders follow in creating sustainability in rural SMMEs and livelihoods.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"32 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77294145","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The relationship between investor tax preferences and the payout methods of JSE listed companies","authors":"R. Nel, N. Wesson, Lee-Ann Steenkamp","doi":"10.4102/sajems.v25i1.4534","DOIUrl":"https://doi.org/10.4102/sajems.v25i1.4534","url":null,"abstract":"this case, South Africa, has a more pronounced effect on payout methods than in developed countries.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"42 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76150544","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}