Pub Date : 2021-07-01DOI: 10.4102/SAJEMS.V24I1.3637
Aliksa Ludick, D. Dyason, A. Fourie
{"title":"A new affordable housing development and the adjacent housing-market response","authors":"Aliksa Ludick, D. Dyason, A. Fourie","doi":"10.4102/SAJEMS.V24I1.3637","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3637","url":null,"abstract":"","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"156 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81970886","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}
Pub Date : 2021-05-13DOI: 10.4102/SAJEMS.V24I1.3479
S. R. Kilambo
{"title":"Black economic empowerment policy and the transfer of equity and mine assets to Black people in the South Africa’s mining industry","authors":"S. R. Kilambo","doi":"10.4102/SAJEMS.V24I1.3479","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3479","url":null,"abstract":"","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"40 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74023859","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}
Pub Date : 2021-04-28DOI: 10.4102/SAJEMS.V24I1.3795
Stephanié Rossouw, T. Greyling, T. Adhikari
Background: Amid the rapid global spread of the coronavirus disease 2019 (COVID-19), many governments enforced country-wide lockdowns, likely with severe well-being consequences The actions by governments triggered a debate on whether the costs of a lockdown, economically and in well-being, surpass the benefits perceived from a lower infection rate Aim: To use the Gross National Happiness index (GNH), derived from Big Data, to investigate the determinants of happiness before and during the first few months of a lockdown in a country as an extreme case, South Africa (a country with low levels of well-being and stringent lockdown regulations) Next, to estimate (1) the probability of being happy during a pandemic year, before and after the implemented lockdown, relative to the mean happiness levels of the previous year, and (2) to utilise simulations to estimate the probability of being happy if there were no lockdown Setting: This study considers the effect of government-mandated lockdown on happiness in South Africa Methods: We use Big Data in the forms of Twitter and Google Trends to derive variables and ordinary least squares and ordered probit estimation methods Results: What contributes to happiness under lockdown, except for COVID-19 cases, are the factors linked to the implemented regulations themselves If we compare scenarios pre- and post-lockdown, we report a happiness cost of 9% The simulations indicate that assuming there were no lockdown in 2020, the relative well-being gain is 3% Conclusion: If policymakers want to increase happiness levels and the probability of achieving the same happiness levels as in 2019, they should consider factors related to the regulations that can increase happiness levels
{"title":"Happiness lost: Was the decision to implement lockdown the correct one?","authors":"Stephanié Rossouw, T. Greyling, T. Adhikari","doi":"10.4102/SAJEMS.V24I1.3795","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3795","url":null,"abstract":"Background: Amid the rapid global spread of the coronavirus disease 2019 (COVID-19), many governments enforced country-wide lockdowns, likely with severe well-being consequences The actions by governments triggered a debate on whether the costs of a lockdown, economically and in well-being, surpass the benefits perceived from a lower infection rate Aim: To use the Gross National Happiness index (GNH), derived from Big Data, to investigate the determinants of happiness before and during the first few months of a lockdown in a country as an extreme case, South Africa (a country with low levels of well-being and stringent lockdown regulations) Next, to estimate (1) the probability of being happy during a pandemic year, before and after the implemented lockdown, relative to the mean happiness levels of the previous year, and (2) to utilise simulations to estimate the probability of being happy if there were no lockdown Setting: This study considers the effect of government-mandated lockdown on happiness in South Africa Methods: We use Big Data in the forms of Twitter and Google Trends to derive variables and ordinary least squares and ordered probit estimation methods Results: What contributes to happiness under lockdown, except for COVID-19 cases, are the factors linked to the implemented regulations themselves If we compare scenarios pre- and post-lockdown, we report a happiness cost of 9% The simulations indicate that assuming there were no lockdown in 2020, the relative well-being gain is 3% Conclusion: If policymakers want to increase happiness levels and the probability of achieving the same happiness levels as in 2019, they should consider factors related to the regulations that can increase happiness levels","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"38 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79126577","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}
Pub Date : 2021-04-26DOI: 10.4102/SAJEMS.V24I1.3721
S. Conradie, C. Lamprecht
South African companies in financial distress may file for business rescue in terms of Chapter 6 of the South African Companies Act No. 71 of 2008. The Companies Act (RSA 2008:s150[b][vi]) requires, among other things, that an appointed business rescue practitioner (BRP) prepare a business rescue plan to show the benefit of adopting the business rescue plan as an alternative to immediate liquidation. The business rescue plan should indicate to the creditors that a company is worth more ‘alive’ than ‘dead’. In other words, that if the creditors file for immediate liquidation, they will receive less than they would receive through a reorganisation (in South Africa [SA] referred to as a business rescue) (Altman & Hotchkiss 2006:8). Thus, showing the benefits in the form of a valuation of the company in business rescue becomes a vital aspect of a restructuring process, since the estimated value of the company determines the size of the pie to be divided between the creditors and, if possible, the shareholders (Altman & Hotchkiss 2006:103; Harvey 2011:181; TMA-US 2016:202).
{"title":"Valuation practices under business rescue circumstances in South Africa","authors":"S. Conradie, C. Lamprecht","doi":"10.4102/SAJEMS.V24I1.3721","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3721","url":null,"abstract":"South African companies in financial distress may file for business rescue in terms of Chapter 6 of the South African Companies Act No. 71 of 2008. The Companies Act (RSA 2008:s150[b][vi]) requires, among other things, that an appointed business rescue practitioner (BRP) prepare a business rescue plan to show the benefit of adopting the business rescue plan as an alternative to immediate liquidation. The business rescue plan should indicate to the creditors that a company is worth more ‘alive’ than ‘dead’. In other words, that if the creditors file for immediate liquidation, they will receive less than they would receive through a reorganisation (in South Africa [SA] referred to as a business rescue) (Altman & Hotchkiss 2006:8). Thus, showing the benefits in the form of a valuation of the company in business rescue becomes a vital aspect of a restructuring process, since the estimated value of the company determines the size of the pie to be divided between the creditors and, if possible, the shareholders (Altman & Hotchkiss 2006:103; Harvey 2011:181; TMA-US 2016:202).","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"163 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83224284","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}
Pub Date : 2021-04-26DOI: 10.4102/SAJEMS.V24I1.3739
J. Coetzee, B. N. Neneh, Karlien Stemmet, Jana Lamprecht, C. Motsitsi, Winnie Sereeco
Background: The Fourth Industrial Revolution (4IR) and the Coronavirus Disease 2019 (COVID-19) have disrupted the higher education environment in unprecedented ways. Aim: This article identifies the impact of increasing disruption driven by the 4IR and COVID-19 on the content and curriculum design of degree programmes in economic and management sciences offered by South African universities. Setting: Six South African and five top-tier US and UK universities. Methods: The study used a non-positivist qualitative research design and specifically the case-study approach. A document analysis of the information in university yearbooks and prospectuses was conducted, using a purposive sampling design. Results: An online presence will become more important due to increased disruption, and will not only ensure an additional revenue stream, but also promote continuity in operations and mitigate threats from competitors. COVID-19 has accelerated the extent of this disruption and expedited the migration to online teaching and learning platforms. Conclusion: Since science, technology, engineering and mathematics are integral to the majority of 4IR-related modules, South African universities must not shy away from degree programmes that ignore inter- and multi-disciplinary curriculum designs. Coupled with the challenges facing the majority of South African students to access electronic devices, data and the internet, COVID-19 has thrust this challenge to the forefront in the South African higher education landscape. By comparing the developments in South African universities with those in trendsetting, top-tier, global universities, management can assess the extent to which they are internationally competitive and adapting to the demands of the 4IR.
{"title":"South African universities in a time of increasing disruption","authors":"J. Coetzee, B. N. Neneh, Karlien Stemmet, Jana Lamprecht, C. Motsitsi, Winnie Sereeco","doi":"10.4102/SAJEMS.V24I1.3739","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3739","url":null,"abstract":"Background: The Fourth Industrial Revolution (4IR) and the Coronavirus Disease 2019 (COVID-19) have disrupted the higher education environment in unprecedented ways. Aim: This article identifies the impact of increasing disruption driven by the 4IR and COVID-19 on the content and curriculum design of degree programmes in economic and management sciences offered by South African universities. Setting: Six South African and five top-tier US and UK universities. Methods: The study used a non-positivist qualitative research design and specifically the case-study approach. A document analysis of the information in university yearbooks and prospectuses was conducted, using a purposive sampling design. Results: An online presence will become more important due to increased disruption, and will not only ensure an additional revenue stream, but also promote continuity in operations and mitigate threats from competitors. COVID-19 has accelerated the extent of this disruption and expedited the migration to online teaching and learning platforms. Conclusion: Since science, technology, engineering and mathematics are integral to the majority of 4IR-related modules, South African universities must not shy away from degree programmes that ignore inter- and multi-disciplinary curriculum designs. Coupled with the challenges facing the majority of South African students to access electronic devices, data and the internet, COVID-19 has thrust this challenge to the forefront in the South African higher education landscape. By comparing the developments in South African universities with those in trendsetting, top-tier, global universities, management can assess the extent to which they are internationally competitive and adapting to the demands of the 4IR.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"84 1","pages":"12"},"PeriodicalIF":1.1,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83846033","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}
Pub Date : 2021-04-07DOI: 10.4102/SAJEMS.V24I1.3788
Paschal B. Nade, Christian K. Malamsha
The effect of agricultural education on increasing productivity and income of farmers has been widely acknowledged by scholars (Anang, Backman & Sipiläinen 2020; Ashraf & Qasim 2019; Ferreira et al. 2018; Heanue & Donoghue 2014). However, agricultural education has not been quick in responding to the needs of the labour market and the changing environment in this era of unprecedented youth unemployment (Alliance for Green Revolution Africa [AGRA] 2015; Sangiga, Lohento & Mayenga 2015). Currently, the youth unemployment situation remains one of the key global challenges. It is estimated that about 67 million (13.0%) young people between the ages of 15 and 24 years were unemployed globally in 2018 while in Tanzania youth unemployment stood at 13.4% against overall 11.7% unemployment (International Labour Organization [ILO] 2019; National Bureau of Statistics [NBS] 2014).
{"title":"The influence of agri-entrepreneurship courses studied on youth farm entrepreneurial intention: Evidence from Folk Development Colleges in Tanzania","authors":"Paschal B. Nade, Christian K. Malamsha","doi":"10.4102/SAJEMS.V24I1.3788","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3788","url":null,"abstract":"The effect of agricultural education on increasing productivity and income of farmers has been widely acknowledged by scholars (Anang, Backman & Sipiläinen 2020; Ashraf & Qasim 2019; Ferreira et al. 2018; Heanue & Donoghue 2014). However, agricultural education has not been quick in responding to the needs of the labour market and the changing environment in this era of unprecedented youth unemployment (Alliance for Green Revolution Africa [AGRA] 2015; Sangiga, Lohento & Mayenga 2015). Currently, the youth unemployment situation remains one of the key global challenges. It is estimated that about 67 million (13.0%) young people between the ages of 15 and 24 years were unemployed globally in 2018 while in Tanzania youth unemployment stood at 13.4% against overall 11.7% unemployment (International Labour Organization [ILO] 2019; National Bureau of Statistics [NBS] 2014).","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"3 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82011439","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}
Pub Date : 2021-03-19DOI: 10.4102/SAJEMS.V24I1.3577
N. Ngepah, C. Saba, Ntombomzi G. Mabindisa
This study focuses on investigating the effect of human capital on economic growth in South Africa, making use of a balanced panel of 269 South African municipalities for the period 1993 to 2016. The approach used in this study differs from previous studies because it examines the skills component of human capital and its impact on economic growth. Economic growth literature highlights three mechanisms that show a causal relationship between the education component of human capital and economic growth. Firstly, education is a key instrument that shapes the human capital fibre, equipping the labour force for higher productivity levels (Mankiw, Romer & Weil 1992). Secondly, education increases the innovative capacity of the economy and brings knowledge of new technologies, products and processes which then promote efficient production activities that boost economic growth. This view is supported by theories of endogenous growth developed by Lucas (1988), Howitt and Aghion (1998) and Romer (1990). Lastly, education facilitates the diffusion and transmission of knowledge needed to understand and process new information, as well as successfully implement new technologies to promote economic growth (Benhabib & Spiegel 1994; Nelson & Phelps 1966). Acemoglu (2009) notes that in the case of farming, educated farmers accept and adapt easily to the utilisation of new technology or seeds in order to increase productivity and income levels.
本研究的重点是调查人力资本对南非经济增长的影响，利用1993年至2016年期间南非269个城市的平衡面板。本研究使用的方法不同于以往的研究，因为它考察了人力资本的技能组成部分及其对经济增长的影响。经济增长文献强调了人力资本的教育成分与经济增长之间存在因果关系的三种机制。首先，教育是塑造人力资本纤维的关键工具，使劳动力具备更高的生产力水平(Mankiw, Romer & Weil 1992)。其次，教育提高了经济的创新能力，带来了新技术、新产品和新工艺的知识，从而促进了有效的生产活动，从而推动了经济增长。这一观点得到Lucas(1988)、Howitt and Aghion(1998)和Romer(1990)提出的内生增长理论的支持。最后，教育促进了理解和处理新信息所需知识的扩散和传播，以及成功实施促进经济增长的新技术(Benhabib & Spiegel 1994;Nelson & Phelps 1966)。Acemoglu(2009)指出，在农业方面，受过教育的农民很容易接受和适应新技术或种子的使用，以提高生产力和收入水平。
{"title":"Human capital and economic growth in South Africa: A cross-municipality panel data analysis","authors":"N. Ngepah, C. Saba, Ntombomzi G. Mabindisa","doi":"10.4102/SAJEMS.V24I1.3577","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3577","url":null,"abstract":"This study focuses on investigating the effect of human capital on economic growth in South Africa, making use of a balanced panel of 269 South African municipalities for the period 1993 to 2016. The approach used in this study differs from previous studies because it examines the skills component of human capital and its impact on economic growth. Economic growth literature highlights three mechanisms that show a causal relationship between the education component of human capital and economic growth. Firstly, education is a key instrument that shapes the human capital fibre, equipping the labour force for higher productivity levels (Mankiw, Romer & Weil 1992). Secondly, education increases the innovative capacity of the economy and brings knowledge of new technologies, products and processes which then promote efficient production activities that boost economic growth. This view is supported by theories of endogenous growth developed by Lucas (1988), Howitt and Aghion (1998) and Romer (1990). Lastly, education facilitates the diffusion and transmission of knowledge needed to understand and process new information, as well as successfully implement new technologies to promote economic growth (Benhabib & Spiegel 1994; Nelson & Phelps 1966). Acemoglu (2009) notes that in the case of farming, educated farmers accept and adapt easily to the utilisation of new technology or seeds in order to increase productivity and income levels.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"20 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80169127","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}
Pub Date : 2021-03-18DOI: 10.4102/SAJEMS.V24I1.3784
M. Kok, W. Maroun
{"title":"Not all experts are equal in the eyes of the International Auditing and Assurance Standards Board: On the application of ISA510 and ISA620 by South African registered auditors","authors":"M. Kok, W. Maroun","doi":"10.4102/SAJEMS.V24I1.3784","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3784","url":null,"abstract":"","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"24 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87334816","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}
Pub Date : 2021-03-02DOI: 10.4102/SAJEMS.V24I1.3535
Emmanuel Orkoh, P. Blaauw, C. Claassen
The theory of working spouse premium or penalty postulates that a spouse’s hours of work impact their partner’s wages while the theory of labour supply suggests that spouses’ wages influence their partners’ hours of work (Killewald & Gough 2013; Song 2007; Weeden, Cha & Bucca 2016). These seemingly contradicting theories have attracted a vast amount of empirical literature in developed countries (Glauber 2007; Kelly & Grant 2012; Killewald 2013; Schmitt 2010). However, very limited evidence exists in developing countries where labour market rigidities, social norms and cultural values play an important role in shaping the extent of validity (or otherwise) of these theories (Petersen, Penner & Hogsnes 2011). Most of the studies on marriage premiums or penalties have focused mainly on the husband. According to Breusch and Gray (2004), the little evidence that is available shows positive (but small), zero or even negative effects of marriage on women’s remuneration. In many developing countries, social norms and cultural practices influence intra-household bargaining power, gender roles and resources allocation (Doss 2013). This means that analysis of the determinants of labour market outcomes and household production need to be context specific.
工作配偶溢价或惩罚理论假设配偶的工作时间影响其伴侣的工资，而劳动力供给理论则认为配偶的工资影响其伴侣的工作时间(Killewald & Gough 2013;首歌2007;Weeden, Cha & Bucca 2016)。这些看似矛盾的理论在发达国家吸引了大量的实证文献(Glauber 2007;Kelly & Grant 2012;Killewald 2013;施密特2010)。然而，在发展中国家，劳动力市场的僵化、社会规范和文化价值观在塑造这些理论的有效性(或其他方面)方面发挥着重要作用，证据非常有限(Petersen, Penner & Hogsnes 2011)。大多数关于婚姻奖罚的研究主要集中在丈夫身上。根据Breusch和Gray(2004)的研究，很少有证据表明婚姻对女性薪酬有积极(但很小)、零甚至负面的影响。在许多发展中国家，社会规范和文化习俗影响家庭内部议价能力、性别角色和资源分配(Doss 2013)。这意味着对劳动力市场结果和家庭生产的决定因素的分析需要因地制宜。
{"title":"Spousal effects on wages, labour supply and household production in Ghana","authors":"Emmanuel Orkoh, P. Blaauw, C. Claassen","doi":"10.4102/SAJEMS.V24I1.3535","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3535","url":null,"abstract":"The theory of working spouse premium or penalty postulates that a spouse’s hours of work impact their partner’s wages while the theory of labour supply suggests that spouses’ wages influence their partners’ hours of work (Killewald & Gough 2013; Song 2007; Weeden, Cha & Bucca 2016). These seemingly contradicting theories have attracted a vast amount of empirical literature in developed countries (Glauber 2007; Kelly & Grant 2012; Killewald 2013; Schmitt 2010). However, very limited evidence exists in developing countries where labour market rigidities, social norms and cultural values play an important role in shaping the extent of validity (or otherwise) of these theories (Petersen, Penner & Hogsnes 2011). Most of the studies on marriage premiums or penalties have focused mainly on the husband. According to Breusch and Gray (2004), the little evidence that is available shows positive (but small), zero or even negative effects of marriage on women’s remuneration. In many developing countries, social norms and cultural practices influence intra-household bargaining power, gender roles and resources allocation (Doss 2013). This means that analysis of the determinants of labour market outcomes and household production need to be context specific.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"16 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78523878","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}
Pub Date : 2021-02-22DOI: 10.4102/SAJEMS.V24I1.3661
Welby V. Loury-Okoumba, C. Mafini
The body of literature on South African small to medium enterprises (SMEs) continues to grow. Some researchers (Balogun, Nazeem & Agumba 2016; Ghebrihiwet 2019; Maduku, Mpinganjira & Duh 2016) have directed attention to the impact of SMEs on the South African economy. Others (Fatoki 2014; Makhitha 2017; Neneh & Van Zyl 2017) have concentrated on the challenges faced by SMEs in South Africa. Also, additional studies (Dzomonda, Fatoki & Oni 2017; HoveSibanda, Sibanda & Pooe 2017; Mathu & Tlare 2017) have placed emphasis on entrepreneurship factors determining the success of SMEs in the country. Yet other scholars (Aliyu, Modu & Tan 2018; Chakraborty, Mutingi & Vashishth 2019; Chingwaru 2015 three) have conducted comparative studies involving SMEs in South Africa and those in other parts of the world, such as Zimbabwe, Egypt and Nigeria, India and Namibia. Several common gears of observations bind these studies together. Firstly, the studies concur that SMEs are essential to the South African economy, contributing extensively to its growth and development. Secondly, most studies assent that the SME trajectory in the country is a difficult one and is riddled with numerous internal and external problems that have claimed the existence of numerous enterprises soon after their formation. Thirdly, the studies commonly accept that the path followed by SMEs in South Africa is neither unique nor isolated since similar enterprises in other developing countries face comparable problems.
关于南非中小企业(SMEs)的文献持续增长。一些研究人员(Balogun, Nazeem & Agumba 2016;Ghebrihiwet 2019;Maduku, Mpinganjira & Duh 2016)将注意力转向中小企业对南非经济的影响。其他(Fatoki 2014;Makhitha 2017;Neneh & Van Zyl(2017)专注于南非中小企业面临的挑战。此外，其他研究(Dzomonda, Fatoki & Oni 2017;HoveSibanda, Sibanda & poe 2017;Mathu & Tlare 2017)强调了决定该国中小企业成功的创业因素。还有其他学者(Aliyu, Modu & Tan 2018;Chakraborty, Mutingi & Vashishth 2019;Chingwaru(2015)对南非的中小企业和世界其他地区的中小企业进行了比较研究，如津巴布韦、埃及、尼日利亚、印度和纳米比亚。几个常见的观察年份将这些研究联系在一起。首先，这些研究一致认为，中小企业对南非经济至关重要，对其增长和发展作出了广泛贡献。其次，大多数研究都认为，我国中小企业的发展轨迹是一条艰难的道路，存在着许多内部和外部问题，这些问题使得许多企业在成立后不久就存在。第三，这些研究普遍认为，南非中小企业所走的道路既不是独特的，也不是孤立的，因为其他发展中国家的类似企业面临着类似的问题。
{"title":"Supply chain management antecedents of performance in small to medium scale enterprises","authors":"Welby V. Loury-Okoumba, C. Mafini","doi":"10.4102/SAJEMS.V24I1.3661","DOIUrl":"https://doi.org/10.4102/SAJEMS.V24I1.3661","url":null,"abstract":"The body of literature on South African small to medium enterprises (SMEs) continues to grow. Some researchers (Balogun, Nazeem & Agumba 2016; Ghebrihiwet 2019; Maduku, Mpinganjira & Duh 2016) have directed attention to the impact of SMEs on the South African economy. Others (Fatoki 2014; Makhitha 2017; Neneh & Van Zyl 2017) have concentrated on the challenges faced by SMEs in South Africa. Also, additional studies (Dzomonda, Fatoki & Oni 2017; HoveSibanda, Sibanda & Pooe 2017; Mathu & Tlare 2017) have placed emphasis on entrepreneurship factors determining the success of SMEs in the country. Yet other scholars (Aliyu, Modu & Tan 2018; Chakraborty, Mutingi & Vashishth 2019; Chingwaru 2015 three) have conducted comparative studies involving SMEs in South Africa and those in other parts of the world, such as Zimbabwe, Egypt and Nigeria, India and Namibia. Several common gears of observations bind these studies together. Firstly, the studies concur that SMEs are essential to the South African economy, contributing extensively to its growth and development. Secondly, most studies assent that the SME trajectory in the country is a difficult one and is riddled with numerous internal and external problems that have claimed the existence of numerous enterprises soon after their formation. Thirdly, the studies commonly accept that the path followed by SMEs in South Africa is neither unique nor isolated since similar enterprises in other developing countries face comparable problems.","PeriodicalId":46244,"journal":{"name":"South African Journal of Economic and Management Sciences","volume":"141 1","pages":""},"PeriodicalIF":1.1,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85270949","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}
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