Browsing by Author "Staal, Blanche-Mari"
Now showing 1 - 2 of 2
Results Per Page
- ItemInvestigating director development in South Africa(AOSIS, 2018) Mans-Kemp, Nadia; Viviers, Suzette; Staal, Blanche-Mari; Van Schalkwyk, JurieOrientation: To effectively fulfil their multiple roles, the four King Reports suggest several development mechanisms for newly appointed and seasoned directors. Research purpose: This study investigated the most prominent King III director development initiatives used by the Johannesburg Stock Exchange (JSE) Top 40 companies over the period 2011–2015. Motivation for the study: Despite the emphasis on director development in the King Reports, there is a paucity of academic research on the topic. The authors hence evaluated corporate reporting on and the application of selected director development mechanisms. Research design, approach and method: A mixed-methods approach was adopted. Key words were used to conduct content analysis on the companies’ integrated reports. Disclosure and depth scores were constructed to evaluate reporting trends. To gain further insight into these trends, semi-structured personal interviews were conducted with directors who had varying levels of experience. Main findings: The majority of the JSE Top 40 companies disclosed some details regarding the director development initiatives they used. The key word analysis revealed that most companies focused their development efforts on new board appointees. The interviewees emphasised that the entire directorate should be continuously developed. Participants indicated that mentoring is an important informal development mechanism. In line with literature, they stressed that all directors should take personal responsibility for their development. Contribution/value-add: This study emphasises the importance of continuous director development beyond the orientation of new board appointees. A well-developed board is in a better position to fulfil its responsibilities to shareholders and other key stakeholders than a less developed one.
- ItemLand reform in South Africa : a case study of the Witzenberg pals initiative(Stellenbosch : Stellenbosch University, 2019-04) Staal, Blanche-Mari; Vink, Nick; Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Economics.ENGLISH SUMMARY : The post-1994 South African government introduced Black Economic Empowerment (BEE) in an attempt to address the economic inequality of the country. The primary goal of BEE policy is to assist black South Africans to enter the mainstream economy successfully. However, the agricultural sector faces various idiosyncratic problems rendering BEE ineffective; the unequal distribution of land is one. The objective of land distribution programmes is to enable black people to be successful participants in the economy. Commercial farmers (private sector) from the Witzenberg region collaborated with the municipality, the agribusiness sector, and the community to implement an effective and sustainable land reform programme. The goal was to contribute to successful land reform, job creation involving the community and improving social cohesion. In 2014, the Witzenberg Partnership in Agricultural Land Solutions (PALS) was born. The purpose of this study was to analyse whether this model for land redistribution meets the requirements for the successful empowerment of emerging farmers. The results could generate lessons for future land reform initiatives. A literature review determined entry difficulties, skills development, production rights, and an exit strategy as factors to be addressed for land reform to be successful in the agricultural sector of South Africa. A case study analysis was conducted on 13 Witzenberg initiative projects. Qualitative primary data were collected using semi-structured interviews and by reviewing official documentation of the implemented projects. These projects were measured against the four factors proposed for successful implementation of land reform. The results indicate the Witzenberg initiative meets the requirements for successful land reform in South Africa. It is recommended the government should incentivise private sector involvement to encourage partnerships between commercial and emerging farmers. Financial institutions should provide discount rates for land reform projects to support the acquisition, initial capital investment, and operating capital. Because this study was restricted to measuring the influence of the private sector in one region only, the results are not generalisable. Future studies could include other farming areas measuring the impact and contribution of the government instead of the private sector.