Department of Accounting

Faculty of Commerce Research Report 2006

Department of Accounting Research Report 2006

Head of Department: Associate Professor Michael Wormald

Departmental Profile

Research in the Department of Accounting is carried out in five broad areas, namely auditing, financial accounting, financial management, management accounting and taxation. The research effort is conducted on three general levels: directly usable research, the results of which are translatable into professional practice; applied research of a more general nature; and pure research on the broader frontiers of the discipline. In addition, research is carried out on the educational aspects of accountancy. The research is carried out by the staff members and post-graduate students.

Departmental Statistics

Permanent and Long-term Contract Staff

Professors 2 Associate Professors 8 Senior Lecturers 12 Lecturers 8 Administrative and Clerical Staff 8 Total 38

Students

Doctoral 5 Masters 44 Honours 79 Postgraduate Diplomas 247 Undergraduate 2486 Total 2861

Research Fields and Staff

Permanent Staff

Mr C Abdulla

1 Accounting education; financial ratio analysis

Associate Professor Peter Bourne Expert systems in auditing

Ms Carol Cairney Activity based costing/management

Dr Eddie Chamisa International accounting standards in developing countries

Associate Professor Supply chain management and strategic cost management

Mr AJ Cilliers Value based management; strategic management accounting including the balance scorecard

Mr Rod Clayton Audit committees

Associate Professor Carlos Correia Capital budgeting; cost of capital

Professor Geoff Everingham Employee reporting; financial reporting; generally accepted accounting practice

Associate Professor Mark Graham Value/growth stocks; financial analysis; corporate reporting

Ms Jacqui Kew Accounting education; financial literacy and enterpreneurship

Mr John Macey Accounting ethics; intellectual capital; analysis and interpretation of financial analysis

Mrs Julia Milligan Sustainability reporting

Associate Professor Tessa Minter Information risk management

Mr Goolam Modack Accounting education and generally accepted accounting practice

Associate Professor Jennifer Roeleveld Capital gains tax; trusts and estates

Miss Joanne Shev Capital gains tax

2 Mr Colin Smith Educational and behavioural issues in management accounting; cash flow analysis; value relevance

Professor Enrico Uliana Management accounting practices; strategic cost analysis; use of accounting in aligning performance with strategy; intellectual capital

Associate Professor Alex Watson Generally accepted accounting practice

Mr Craig West Capital gains tax; trusts and anti-avoidance

Mr James Winfield Accounting education; business and professional ethics; foundation of accounting

Associate Professor Michael Wormald Value creation; unit trust performance

Contact Details

Postal Address: Department of Accounting, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 2269/2257 Fax: +27 21 689 7582 E-mail: [email protected] Web: http://www.commerce.uct.ac.za/accounting

Research Output

ARTICLES IN PEER-REVIEWED JOURNALS

Cramer, P.J. 2006. Operating leases: Straight-line, crooked ratios? Accountancy SA, March(2006): 10-13.

Lubbe, I. and Milligan, J.E. 2006. Measurement of revenue - what value? Accountancy S.A., August(2006): 12-16.

Roeleveld, J.J. 2006. South African withholding tax: Adverse consequences for non- residents. British Tax Review, 4: 385-484.

Watson, A. 2006. BEE transactions - what are the accounting implications? Accountancy S.A., October 2006: 10-14.

3 Blackman, M.S., Jooste, R.D., Larkin, M., Everingham, G.K., Rademeyer, C.H. and Yeats, J. 2006. Commentary on the Companies Act: Revision Service 3, 1-628. Wynberg: Juta & Company.

Bourne, P.J.M., Clayton, R.D., Jooste, R.D., Minter, M.T., Puttick, G.A. and Shev, J. 2006. Graded tutorials on auditing: 1-719. Cape Town: Juta and Company Ltd.

Everingham, G.K. and Watson, A. 2006. Generally Accepted Accounting Practice: A South African viewpoint, Revision Service 39: 1-350. Cape Town: Juta & Co Limited.

Huxham, K.T. and Haupt, P.K. 2006. Notes on South African Income Tax: 761. Cape Town: H & H Publications.

Huxham, K.T., Roeleveld, J.J., Warneke, D.A. and West, C. 2006. Questions on SA tax: 1-390. Cape Town: HRWW Publications.

Kew, J., Mettler, C., Walker, T.J. and Watson, A. 2006. Accounting an introduction: 1 - 753. Cape Town: Oxford University Pess Southern Africa.

Lubbe, I., Watson, A., Walker, T.J. and Chamisa, E. 2006. Accounting: GAAP Principles: 1 - 539. Cape Town: Oxford University Press Southern Africa.

PEER-REVIEWED PUBLISHED CONFERENCE PROCEEDINGS

West, C. and Roeleveld, J.J. 2006. The tax impliations of alienation either directly or indirectly by a non-resident of South African real estate. Proceedings of the 6th Annual Hawaii International Conference on Business, 25-28 May 2006, Honolulu, Hawaii, 16. ISSN 1539-722X.

PUBLISHED CONFERENCE ABSTRACTS

Chamisa, E. 2006. The use and perceived usefulness of IAS 29 restated financial statements by Zimbabwean investment analysts. Proceedings of European Accounting Association Conference in Dublin, Ireland from 22nd to 25th March 2006, Dublin, Ireland, 34.

Chivaka, R. 2006. Cost management using target costing methodology across the supply chain: A transaction cost economics perspective. Proceedings of European Accounting Association Conference in Dublin, Ireland from 22nd to 25th March 2006, Dublin, Ireland, 30.

4 THESES AND DISSERTATIONS PASSED FOR HIGHER DEGREES

Jin, Y. 2006. An Examination of Share Price and Operating Performance by Companies on the Johannesburg Stock Exchange following Rights Issues: 91. MCom by dissertation, University of Cape Town.

Kornik, S. 2006. Machine learning for corporate failure prediction - An empirical study of South African Companies: 1-262. MCom by dissertation, University of Cape Town.

Mbuyi, E. 2006. An Investigation into the Harmony of Accounting Practices by Listed Companies on Leading Stock Market Countries: 1-116. MCom by dissertation, University of Cape Town.

Mc Cready, S.A. 2006. The Taxation of Investment Returns Arising in Collective Investment Schemes as Compared to Hedge Funds : 1-112. MCom in Taxation, University of Cape Town.

Mohamood, N. 2006. Control Rights and Contractual Mechanisms to Reduce Risk in the SA Venture Capital and Private Equity Industry: 1-60. Masters in Business Administration, University of Cape Town.

Mu, L. 2006. Stock Price Reactions to Dividend Changes: Evidence from the Johannesburg Stock Exchange: 1-96. MCom in Financial Management, University of Cape Town.

Owei, N. 2006. Comparative Analysis of Valuation Processes used by: 1-59. Masters in Business Administration, University of Cape Town.

Ruddy, T.A. 2006. The Manipulation of Headline Earnings by Companies Listed on the JSE Securities Exchange South Africa: 1-88. MCom, University of Cape Town.

Sapula, Z. 2006. The Affect of Transfer Pricing on Management Decisions in Vertically Integrated Organisations: 1-58. Masters in Business Administration, University of Cape Town.

Siddle, A.G. 2006. Share Repurchases in South Africa: Reasons and Returns: 1-97. MCom in Financial Management, University of Cape Town.

Von Hase, N. 2006. A study of the disclosure policy effect on information asymmetry and analyst behaviour in South Africa: 1-96. MCom by dissertation, University of Cape Town.

UNIVERSITY PUBLICATIONS AND WORKS OF A POPULAR NATURE

Milligan, J.E. 2006. Do you want the credit? The dangers of short term credit. Excel 2005 (3rd quarter publication): 10-11.

5 CONSULTANCY AND OTHER ACTIVITIES BASED ON EXPERTISE DEVELOPED IN RESEARCH

Everingham, G.K. 2006. Member of the Editorial Board of the South African Journal of Accounting Research, for which he is also a referee. Member of the GAAP Monitoring Panel of the JSE Securities Exchange and the SA Institute of Chartered Accountants. He is also a referee for Meditari.

Modack, G.M. 2006. Member of the adjudicating panel for the Ernst and Young Excellence in Corporating Reporting Survey. Academic evaluator SAICA.

Roeleveld, J.J. 2006. On the board of The National Tax Committee 2006 for the South African Institute of Chartered Accountants (SAICA). On the editorial board panel of Integritax - a panel, which selects topical tax information for the South African Institute of Chartered Accountants (SAICA).

Uliana, E. 2006. He is the editor of SA Journal of Accounting Research. He is a referee for Meditari Accountancy Research and SA Journal of Economic and Management Sciences. He is on the Editorial Board of the Journal of Accounting & Organizational Change (Australia).

Watson, A. 2006. Chairman of the Accounting Practices Committee, the technical committee of the South African Institute of Chartered Accountants. Member of Cape Town branch of audit committee working group - a body of experienced audit committee members with the responsibility for drafting position papers on issues facing audit committees (KPMG and Institute of Directors Initiative.).

Wormald, M.P. 2006. Acts as a referee for the South African Journal of Accounting Research, Meditari Accounting Research and the South African Journal of Business Management. Chair of the Association of Heads of Accounting. Member of the South African Institute of Accountants (SAICA) Board. Member of the SAICA Education Committee. Member of the SAICA Transformation Committee. Member of the SAICA BEE Negotiating Forum.

6 School of Economics Research Report 2006

(including the Development Policy Research Unit (DPRU) and the Southern Africa Labour and Development Research Unit (SALDRU)).

Acting Directors: Prof Melvin Ayogu, Prof Nicoli Nattrass and Prof Johann Fedderke

Departmental Profile

The School of Economics is located in two faculties, namely, the Faculty of Commerce (which is also its administrative home) and the Faculty of Humanities. Current research activity, with an emphasis on policy related research, is spread across a number of fields, including: agricultural economics; development economics; international economics; international finance; financial theory; growth theory and empirics; monetary economics; labour economics; health economics; education; public economics; fiscal policy; political economy and regional economics.

The School of Economics contains a number of research units. These are the Development Policy Research Unit (DPRU) and the Southern Africa Labour and Development Research Unit (SALDRU).

Development Policy Research Unit

The DPRU specialises in socio-economic research with a focus on labour markets, poverty and inequality. Through the application of economic and statistical techniques, the aim of the Unit is to produce academically rigorous policy analysis. The three core objectives of the Unit are:  Fostering high quality, policy relevant research within the DPRU  Training a new generation of research economists within the DPRU  Disseminating knowledge to decision makers in government, the private sector and civil society The Unit:  Undertakes high quality policy-relevant research  Maintains and develops effective networks with government, civil society and the research community in Southern Africa  Engages in training and teaching activities  Participates directly in the process of formulating, implementing and evaluating policy.

The DPRU publishes a successful Working Paper series and has launched a new Policy Brief series, aimed at bringing some of the relevant issues raised by various working papers to a broader, less technical audience. DPRU staff members undertake limited teaching and graduate supervision. The Unit has, since 2001, hosted an Annual Conference, aimed at bringing together the country's leading researchers and policy-makers. Since 2003, the DPRU has hosted its conferences jointly with Trade and Industrial Policy Strategies (TIPS), broadening the scope of research presented and benefiting the traditional audiences of both institutions’ conferences. In October

7 2006, the DPRU and TIPS co-hosted a highly successful fourth joint conference.

The DPRU has been able to develop a strong partnership with senior academics and researchers at Cornell University through ongoing collaborative projects such as the Technical Workshops on Analysis and Measurement of Poverty and Inequality. This collaborative effort was cemented, in the first instance, through this highly successful training programme that the Unit offered to staff from historically disadvantaged institutions. The link with Cornell University is likely to expand into related activities over the next few years.

Support for the DPRU includes USAID, IDRC, ILO, and a range of South African government departments. USAID has supported workshops which were held in 2002 and 2004. These two day Extension Courses in Labour Economics and Labour Market Policy were designed for policymakers, implementers of policy and other industrial relations practitioners. They provided a comprehensive snapshot of the most critical issues confronting the labour market in South Africa.

A relatively new area for the Unit lies within the domain of project management, and within this sphere the Unit is currently managing the Trade and Poverty Programme for the government of Lesotho. Intellectually, the trade-poverty nexus remains critical and this project is the potential to make a valuable contribution to this area of research. The Unit has also been awarded a very significant project by DFID - the Employment Promotion Programme: Making Labour Markets Work for the Poor - which spans the period 2005 through 2007. This project aims to help reduce joblessness in South Africa, through the promotion of an enabling environment for employment creation.

South Africa Labour and Development Research Unit (SALDRU)

SALDRU conducts research directed at improving the well-being of South Africa's poor. It was established in 1975. Over the next two decades the unit's research played a central role in documenting the human costs of apartheid. Key projects from this period included the Farm Labour Conference (1976), the Economics of Health Care Conference (1978), and the Second Carnegie Enquiry into Poverty and Development in South Africa (1983-1986). Over the 1992-1994 period SALDRU and the World Bank conducted South Africa's first national living standards sample survey. This project provided baseline data for the implementation of post-apartheid socio- economic policies.

In the post-apartheid period, SALDRU has continued to gather data and conduct research directed at informing and assessing anti-poverty policy. Key survey projects include the Langeberg Integrated Family Survey (1999), the Khayelitsha/Mitchell's Plain Survey (2000), the ongoing Cape Area Panel Study (2001-), the Financial Diaries Project and the Public Work Research Project. In late 2006 the Presidency awarded SALDRU the tender to conduct a South Africa's first national panel study of well-being, the National Income Dynamics study.

SALDRU's research team include a Director, two Deputy-Directors, 9 research associates from Economics, research associates from Management Studies, Sociology

8 and Statistical Sciences and a number of international research collaborators, especially from the University of Michigan.

Current research work falls into the following research themes:

• Post-apartheid poverty, employment and migration dynamics • Family support structures in an era of rapid social change • The financial strategies of the poor • Public works and social protection • Common property resources and the poor • Trade and Poverty

Other SALDRU projects include a programme to facilitate teaching and research in Demography at the University of Cape Town as well as a programme to stimulate and fund research by historically disadvantaged researchers and research institutions in the area of Poverty and Inequality Dynamics.

PERMANENT AND LONG TERM CONTRACT STAFF

Professors 9 Associate Professors 5 Senior Lecturers 9 Lecturers 5 Research Staff 7 Administrative staff 12 Total 47

STUDENTS

Doctoral 32 Masters 52 Honours 129 Undergraduate 7564 Total 7777

*Number of students enrolled for economics courses. Students can take a number of courses in one year.

PERMANENT STAFF

9 Professor Haim Abraham Finance; futures and derivatives; monetary economics in a general equilibrium context

Professor Melvin Ayogu Corporate governance and incentives in government; political economy of infrastructure; money and finance; international finance; industrial organisation

Professor Haroon Bhorat Director of the DPRU; labour markets and labour market policy; poverty and income distribution

Professor Johann Fedderke Director of ERSA; growth theory and empirics, applications of time series econometrics and panel data estimation techniques, macroeconomics and macroeconometrics

Professor David Kaplan Technology development; technology policy; industrial policy; telecommunications industry; migration of skilled persons

Professor Murray Leibbrandt Director of SALDRU; income distribution and poverty; survey econometrics; labour

Professor Nicoli Nattrass Director of ASRU; labour; unemployment; distribution; the socio-economic impact of providing antiretroviral treatment to people living with AIDS; welfare reform and the basic income grant.

Professor Don Ross Game theory; philosophy of economics (methodology); philosophy of science; political economy; evolutionary theory

Professor Francis Wilson Director of Data First Resource Unit; poverty and development; unemployment; household survey data collection; water policy

Associate Professor Anthony Black Development economics, trade and industrial policy; automotive industry, garment industry, foreign direct investment, regional integration

Associate Professor Lawrence Edwards International trade and competitiveness; trade, employment and poverty

Associate Professor Emanuele Giovannetti Competition policy; network industries; industrial organization

Associate Professor Anthony Leiman Environmental and resource economics; cost-benefit analysis; informal sector

10 Associate Professor Martin Wittenberg Labour economics; economics of the household; analysis of time-use data; economics of predatory behaviour (e.g. crime, corruption); measurement of poverty; microeconometrics; spatial economics and intergovernmental fiscal relations.

Dr Justine Burns Microeconomics; labour; poverty and income distribution; rural development; institutional economics

Dr Beatrice Conradie Farm labour markets; women in agriculture; wine industry mech; irrigation farming

Dr Jessica Heynis Institutional economics; economic analysis of the law; family economics

Dr Malcolm Keswell Programme evaluation; economics of education; social network theory; experimental economics; computational economics

Dr Edwin Muchapondwa Community based natural resource management; nature-based tourism and ecosystems; valuation of non-market environmental amenities; applied environmental economics and sustainable development

Dr Cedric Nathan Macroeconomics; money and banking public choice; constitutional economics; property rights

Dr Corné van Walbeek The economics of tobacco control and agricultural deregulation; evaluating economic forecasts; economics education.

Dr Alexander Zimper Decision theory and game theory

Mr Reza C Daniels Econometric analysis with missing data; analyses of surveys undertaken at UCT; applied development and labour microeconomics; public policy and benefit incidence analyses; geography and uneven development

Mr Shakill Hassan Financial markets; applied mathematical finance; applied economic theory

Mr Dudley Horner Labour markets and development economics

Mr Cecil Mlatsheni Youth and the labour market; participation, search and unemployment; fertility and labour market participation; the brain drain and skills migration.

11 Mr Sam Muradzikwa Infrastructure; development economics; trade

Ms Martine Visser Behavioural and experimental economics applications to natural resource utilization; environmental and natural resource economics; poverty, inequality and sustainability; social institutions and networks; applied game theory and microeconometrics; valuation techniques

Mr Jeremy Wakeford Energy economics, sustainable development, economics education; labour economics.

Ms Alexandra Wollnik Economic growth; development economics

CONTRACT APPOINTMENTS

Mr Evan Blecher The economics of tobacco control; monetary policy and international finance

Ms Amanda Fitschen Macroeconomic theory and policy; public sector economics and fiscal policy

Mr Simon Halliday

Ms Leigh Lakay Labour economics; environmental economics

Mr Volker Schoer Supply chain management; industrial restructuring; trade; labour market economics, specifically economic social networks and job search

Mr Nick Samouilhan Financial volatility, especially ARCH-type modelling; the evaluation and construction of macroeconomic forecasts; financial contagion and transmission

Ms Krista Tuomi Subsidies and other examples of government-induced distortions; industry analysis; environmental economics; film and media

CONTRACT RESEARCH STAFF

Ms Sumayya Goga Labour markets; poverty and inequality

12 Ms Liberty Ncube Labour economics; poverty and inequality; applied macroeconomics

Mr Morné Oosthuizen Labour markets; prices; poverty and inequality

Mr Kalie Pauw Poverty and inequality; CGE and micro-simulation modelling

Ms Laura Poswell Labour economics

SALDRU

Ms Anna McCord Social protection; public works programmes; labour economics

RESEARCH ASSOCIATES

Professor Sean Archer Economics of human rights; economics of education training, and economics and ecology of arid zones

DISTINGUISHED VISITORS

Professor Paul Cichello Loyola College, Maryland, USA

Professor Paul Dunne University of the West of England, Bristol

Professor David Lam Director, Center for Population Studies, University of Michigan

Professor James Levinsohn Economics Department, University of Michigan

Professor Mike Morris University of KwaZulu-Natal

Professor Franklin Shupp University of Illinois

Professor Asmerane Kidari On sabbatical from the University of Eriteria

13 Contact Details

Postal address: School of Economics, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 2723 Fax: +27 21 650 2854 Email: [email protected] Web: http://www.commerce.uct.ac.za/economics/

DEVELOPMENT POLICY RESEARCH UNIT

Postal address: DPRU, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 5705 Fax: +27 21 650 5710 Email: [email protected] Web: http://www.uct.ac.za/depts/dpru

SOUTHERN AFRICA LABOUR AND DEVELOPMENT RESEARCH UNIT

Postal address: SALDRU, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 5696 Fax: +27 21 650 6597 Email: [email protected] Web: http://web.uct.ac.za/depts/saldru/

Research Output

Ardington, C.S., Lam, D., Leibbrandt, M.V. and Welch, M.J. 2006. The sensitivity to key data imputations of recent estimates of income poverty and inequality in South Africa. Economic Modelling, 23: 822-835.

Ayogu, M.D. 2006. Inside Boardrooms: Restoring corporate governance. Corporate Board: Role, Duties and Composition, 2(2): 7-13.

Bhorat, H.I. 2006. An income grant to all South Africans? Poverty in Focus, June: 9- 10.

Blecher, E.H. 2006. The effects of the tobacco products control amendment act of 1999 on restaurant revenues in South Africa: a panel data approach. South African Journal of Economics, 74(1): 123-130.

Bogetí, Ž. and Fedderke, J. 2006. International benchmarking of South Africa's infrastructure performance. Journal of Development Perspectives, 2(1): 7-31.

14 Edwards, L.J. and Alves, P.S. 2006. South Africa's export performance: determinants of export supply. South African Journal of Economics, 74(3): 473-500.

Edwards, L.J. and Behar, A. 2006. Trade liberalisation and labour demand within South African manufacturing firms. Journal for Studies in Economics and Econometrics, 30(2): 127-146.

Edwards, L.J. and Pauw, K.W. 2006. Evaluating the general equilibrium effects of a wage subsidy scheme for South Africa. South African Journal of Economics, 73(3): 442-462.

Fedderke, J. and Bogetí, Ž. 2006. Forecasting investment needs in South Africa's electricity and telecom sectors. South African Journal of Economics, 74(3): 557-574.

Fedderke, J. and Klitgaard, R. 2006. Economic growth and social indicators: an exploratory analysis. Journal of Comparative Policy Analysis: Research and Practice, 8(3): 283-303.

Fedderke, J. and Romm, A. 2006. Growth impact and determinants of foreign direct investment into South Africa, 1956-2003. Economic Modelling, 23: 738-760.

Fedderke, J., Kularatne, C. and Mariotti, M. 2006. Mark-up pricing in South African industry. Journal of African Economies, 16(1): 28-69.

Fedderke, J., Perkins, P. and Luiz, J. 2006. Infrastructural investment in long-run economic growth: South Africa 1875-2001. World Development, 34(6): 1037-1059.

Giovannetti, E. 2006. Antitrust analysis for the internet upstream market: a border gateway protocol approach. Journal of Competition Law and Economics, 1: 1-27.

Giovannetti, E. and D'ignazio, A. 2006. From exogenous to endogenous economic networks: Internet applications. Journal of Economic Surveys, 20(5): 757-796.

Hassan, S.J. 2006. Optimal timing of defections from price-setting cartels in volatile markets. Economic Modelling, 23: 792-804.

Morris, M.L., Bessant, J. and Barnes, J. 2006. Using learning networks to enable industrial development: Case studies from South Africa. International Journal of Operations and Production Management, 26(5): 532-557.

Nattrass, N.J. 2005. Aids, unemployment and disability in South Africa: the case for welfare reform. Southern African Journal of HIV Medicine, September 2005(20): 30- 32.

Nattrass, N.J. 2005. Ambiguities of 'culture' and the antiretroviral rollout in South Africa. Social Dynamics, 31(2): 285-303.

Nattrass, N.J. 2005. Cross-country access to antiretroviral treatment. AIDS Bulletin, 14(3): 20-22.

15 Nattrass, N.J. 2005. The quest for healing in South Africa's age of AIDS. Social Dynamics, 31(2): 1-23.

Nattrass, N.J. 2005. Trading off income and health? AIDS and the disability grant in South Africa. Journal of Social Policy, 35(1): 3-19.

Nattrass, N.J. 2005. Who consults Sangomas in Khayelitsha? An exploratory quantitative analysis. Social Dynamics, 31(2): 161-182.

Nattrass, N.J. 2006. Antiretroviral treatment and the problem of political will in South Africa. Southern African Journal of HIV Medicine, June 2006(23): 29-31.

Nattrass, N.J. 2006. Exploring attrition bias: The case of the Khayelitsha Panel Study (2000-2004). South African Journal of Economics, 74(4): 769-781.

Nattrass, N.J. 2006. South Africa's "rollout" of highly active antiretroviral therapy. A critical assessment. Journal of Acquired Immune Deficiency Syndromes and Human Retrovirology, 43(5): 618-623.

Nattrass, N.J. 2006. What determines cross-country access to antiretroviral treatment? Development Policy Review, 24(3): 321-338.

Nattrass, N.J. 2006. When HIV clinicians prevent social scientists from accessing 'their' patients: Some ethical concerns. Southern African Journal of HIV Medicine, March 2006(22): 16-18.

Nattrass, N.J. and Walker, R.A. 2005. Unemployment and reservation wages in working-class Cape Town. South African Journal of Economics, 73(3): 498-509.

Ross, D.A. 2005. Game theory in studies of evolution and development: Prospects for deeper use. Biological Theory, 1(1): 31-32.

Ross, D.A. 2006. Evolutionary game theory and the normative theory of institutional design: Binmore and behavioral economics. Politics, Philosophy and Economics, 5(1): 51-79.

Ross, D.A. 2006. Evolutionary psychology and functionally empty metaphors. Behavioral and Brain Sciences, 29(2): 192-193.

Ross, D.A. 2006. Group doxastic rationality need not supervene on individual rationality. Southern Journal of Philosophy, XLIV: 1-12.

Ross, D.A. 2006. The economic and evolutionary basis of selves. Cognitive Systems Research, 7: 246-258.

Samouilhan, N. 2006. The relationship between international equity market behaviour and the JSE. South African Journal of Economics, 74(2): 248-260.

16 Samouilhan, N., Van Walbeek, C.P. and Smit, E.v.d.M. 2006. Convergence, rationality and accuracy in South African consensus economic forecasts. Journal for Studies in Economics and Econometrics, 30(2): 1-20.

Van Walbeek, C.P. 2006. Official revisions to South African national accounts data: Magnitudes and implications. South African Journal of Economics, 74(4): 745-765.

Wittenberg, M. 2006. Errors in the October household survey 1994 available from the South African Data Archive. South African Journal of Economics, 74(4): 766-768.

Wittenberg, M. and Lubotsky, D. 2006. Interpretation of regressions with mutiple proxies. Review of Economics and Statistics, 88(3): 549-562.

Wood, E.A.S. and Kaplan, D.E. 2005. Innovation and performance improvement in the South African wine industry. International Journal Technology and Globalisation, 1(3/4): 381-399.

Zimper, A. 2006. Assessing the likelihood of panic-based bank runs. Contributions to Theoretical Economics, 6(1): 1-19.

Zimper, A. 2006. Investment behavior under ambiguity: The case of pessimistic decision makers. Mathematical Social Sciences, 52: 111-130.

Zimper, A. 2006. Uniqueness conditions for strongly point-rationalizable solutions to games with metrizable strategy sets. Journal of Mathematical Economics, 42: 729- 751.

Zimper, A. and Ludwig, A. 2006. Rational expectations and ambiguity: A comment on Abel. Economics Bulletin, 4(2): 1-15.

Bhorat, H.I. and Kanbur, R. (eds) 2006. Poverty and policy in post-apartheid South Africa: 512. Cape Town: HSRC Press.

CHAPTERS IN BOOKS

Ayogu, M.D. 2006. Can Africa absorb more aid? Aid, Debt Relief and Development in Africa. African Development Report 2006: 25-40. New York: Oxford University Press.

Bhorat, H.I. 2006. Labour supply and demand constraints on employment creation: A microeconomic analysis. In V. Padayachee (ed.), The development decade? Economic and social change in South Africa, 1994-2004: 273-323. Cape Town: HSRC Press.

Bhorat, H.I. and Oosthuizen, M. 2006. Evolution of the labour market: 1995-2002. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 143-200. Cape Town: HSRC Press.

17 Edwards, L.J. 2006. Trade liberalisation andlabour demand in South Africa during the 1990s. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 232-261. Cape Town: HSRC.

Fedderke, J. 2006. From chimera to prospect: South African sources of and constraints on long-term growth, 1970-2000. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 19-58. Cape Town: HSRC Press.

Kanbur, R. and Bhorat, H.I. 2006. Introduction: Poverty and well-being in South Africa. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 1-17. Cape Town: HSRC Press.

Leibbrandt, M.V., Lam, D. and Ranchhod, V. 2006. Labor force withdrawal of the elderly in South Africa. In B. Cohen and J. Menken (eds), Aging in Sub-Saharan Africa: Recommendations for furthering research: 214-249. South Africa: National Academies Press.

Nattrass, N.J. 2006. AIDS, behindertenpolitik und die Grundeinkommensdebatte in Sudafrika. In M. Fullsack (ed.), Globale soziale Sicherheit. Grundeinkommen - weltweit?: 151-157. Berlin: Universitat Frankfurt am Main.

Poswell, L.M., Naidoo, P., Welch, M.J. and Leibbrandt, M.V. 2006. Measuring recent changes in South African inequality and poverty using 1996 and 2001 census data. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 95-142. Cape Town: HSRC Press.

Wilson, F. 2006. On being a father and poor in southern Africa today. In L. Richter and R. Morrell (eds), Baba. Men and fatherhood in South Africa: 26-37. Cape Town: HSRC.

Wittenberg, M. 2005. How young South Africans spend their time. In J. Zuzanek (ed.), Loisir and Societe: 635-652. Canada: Presses de l'Universite du Quebec.

Wittenberg, M. 2006. Decentralization in South Africa. In P. Bardhan and D. Mookherjee (eds), Decentralization and local governance in developing countries. A comparative perspective: 329-356. USA: Massachusetts Institute of Technology.

NON PEER-REVIEWED PUBLISHED CONFERENCE PROCEEDINGS

Fedderke, J.W. 2006. Technology, Human Capital and Growth: Evidence from a middle income country case study applying dynamic heterogeneous panel analysis. In South African Reserve Bank, Banco de Mexico and The People's Bank of China (eds.) Economic Growth, Proceedings of a G20 seminar held in Pretoria, South Africa, on 4-5 August 2005, 137-184.

THESES AND DISSERTATIONS PASSED FOR HIGHER DEGREES

18 Bellamy, W. 2006. The macroeconomic effects of the crude oil price on the South African economy: 1-61. MBusSc.

Brick, K. 2006. Examining the degree of duration dependence n the Western Cape labour market: 1-67. MCom.

Danstile, M.D. 2006. Foreign direct investment in South Africa: a comparative study of strategies and key determinants: 1-56. MCom.

Esson, R. 2006. The demand for savings services among the urban poor - evidence from the Khayelitsha panel study (2000-2004): 1-80. MCom.

Geel, K. 2006. State pensions and labour market dynamics in South Africa: 1-67. MCom.

Golda, A. 2006. The impacts of new and old economy stock market valuations on private investment in South Africa: 1-52. MCom.

Leaver, R.L. 2006. Gender and multiple choice questions: an analysis of an introductory course in Microeconomics: 1-69. MBusSc.

Lekena, M. 2006. Youth employment in the Cape Town area: 1-49. MCom.

Manyande, C.N. 2006. Encouraging self-employment amongst the youth in South Africa. Will this help tackle the unemployment problem?: 1-56. MCom.

Mendecka, M.B. 2006. The asset allocation problem with special reference to the asset allocations of the financial advisors in South Africa: 1-66. MCom.

Murray, J. 2006. Impact of the sectorial determination for farm workers on the South African sugar industry: case study of the KwaZulu-Natal and South Coasts: 1-88. MCom.

O'Grady, R.W. 2006. Trade liberalisation and market discipline: 1-55. MCom.

Olifant, A. 2006. Is there any pay premium in the South African sector: 1-50. MCom.

Ramkolowan, Y. 2006. Import demand with domestic price endogenerity: the South African case: 1-71. MCom.

Stephan, N. 2006. Higher wages through social networks? Evidence from Khayelitsha/Mitchell's Plain: 1-62. MCom.

Swanepoel, C.A. 2006. Agricultural liberalisation and household welfare: a case study of Zambia: 1-55. MCom.

Whelan, P.J. 2006. South African clothing exports 1994-2004: policy and response: 1- 55. MCom.

19 Wollnik, A.E. 2006. The spatial distribution of manufacturing in South Africa 1970- 1996 and its determinants: 1-55. MCom.

Aghion, P., Braun, M. and Fedderke, J.W. 2006. Competition and Productivity Growth in South Africa, Center for International Development at Harvard Working Paper No. 132.

Ashforth, A. and Nattrass, N.J. 2006. Ambiguities of 'culture' and the antiretroviral rollout in South Africa. CSSR Working Paper 156: 1-17.

Ayogu, M.D. 2006. Book review: Other people's money: Debt denomination and financial instability in emerging market economies. New Agenda. South African Journal of Social and Economic Policy 20 (4): 72.

Bhorat, H.I. 2006. Shifts in Non-Income Welfare in South Africa: 1993-2004. DPRU Working Paper 06/108.

Bhorat, H.I. and Oosthuizen, M. 2006. Determinants of Grade 12 Pass Rates in the Post-Apartheid South African Schooling System. Working Paper Series: SISERA 2006 (6): 9-33.

Bogetić, Ž. and Fedderke, J.W. 2006. Forecasting Investment Needs in South Africa's Electricity and Telecommunications Sectors, World Bank Policy Research Working Paper Number 3829.

Bogetić, Ž. and Fedderke, J.W. 2006. International Benchmarking of South Africa's Infrastructure Performance, World Bank Policy Research Working Paper Number 3830.

Bogetić, Ž. and Fedderke, J.W. 2006. International Benchmarking of Infrastructure Performance in the Southern African Customs Union Countries, World Bank Policy Research Working Paper Number 3987.

Conradie, B.I. 2006. Revisiting Labour Casualisation on Fruit Farms in the Western Cape. Centre for Social Science Working Paper - (177): 1-24.

Fedderke, J.W. 2005. South Africa: Sources and Constraints of Long-Term Growth, World Bank Africa Region Working Paper Series Number 94.

Fedderke, J.W. and Bogetić, Ž. 2006. Infrastructure and Growth in South Africa: Direct and Indirect Productivity Impacts of 19 Infrastructure Measures, World Bank Policy Research Working Paper Number 3989.

Fedderke, J.W. and Szalontai, G. 2005. Industry Concentration in South African Manufacturing: Trends and Consequences, World Bank Africa Region Working Paper Series Number 96.

20 Kanbur, R. and Bhorat, H.I. 2005. Poverty and Well-being in Post-Apartheid South Africa: An Overview of Data, Outcomes and Policy. DPRU Working Paper 101.

Nattrass, N.J. 2006. AIDS and the scientific governance of medicine in South Africa. CSSR working paper 176: 1-23.

Nattrass, N.J. 2006. Disability and welfare in South africa's era of unemployment and AIDS. CSSR Working Paper 147: 1-24.

Nattrass, N.J. 2006. South Africa's 'rollout' of highly active antiretroviral therapy: a critical assessment. CSSR Working Paper 158: 1-21.

Nattrass, N.J. 2006. The qeust for healing in South Africa's age of AIDS. CSSR Working Paper 155: 1-20.

Nattrass, N.J. 2006. Who consults sangomas in Khayelitsha? An exploratory quantitative analysis. CSSR Working Paper 151: 1-18.

Nattrass, N.J., Rivett, U.K. and Wessels, X. 2006. Improving the Efficiency of monitoring adherence to antiretroviral therapy: a case study of the introduction of electronic technologies in Gugulethu, South Africa. CSSR Working Paper 148: 1-19.

Oosthuizen, M. 2006. The Post-Apartheid Labour Market: 1995-2004. DPRU Working Paper 06/103.

Oosthuizen, M. and Bhorat, H.I. 2006. Educational Outcomes in South Africa: A Production Function Approach. Working Paper Series: SISERA 2006/5: 1-55.

Schoer, V. and Leibbrandt, M.V. 2006. Determinants of job search strategies: evidence from the Khayelitsha/Mitchell's Plain Survey. CSSR Working Paper 167: 1- 31.

Wakeford, J.J. 2006. Risk to Global Trade and Implications for South Africa's Economy and Policy. DPRU Working Paper 06/111.

Wakeford, J.J. 2006. Risks to global trade and implications for South Africa's economy and policy. DPRU Policy Brief 06/P8.

Wakeford, J.J. 2006. Troika of threats requires integrated response. Global Dialogue 11 (1): 9-11.

Wittenberg, M. 2006. The unions and the labour market: politics and premiums. Money Morality. 2006 Transformation Audit. Institute for Justice and Reconciliation 2006: 55-57.

NEWSPAPER ARTICLES

Pressman, S. and Nattrass, N.J. 2006. Deadly Quackery. The New York Times 04/06/2006: 11

21 Wakeford, J.J. 2006. On the other side of the oil "peak". Business Day 02/08/2006.

Wakeford, J.J. 2006. Renewable energy the way to go. Cape Times 24/05/2006.

EXTENSION AND DEVELOPMENT WORK

Wessels, X., Nattrass, N.J. and Rivett, U.K. 2006. Improving the efficiency of monitoring adherence to antiretroviral therapy: A case study of the introduction of electronic technologies in Gugulethu, South Africa. Centre for Social Science Research (CSSR). Aids and Society Research Unit, University of Cape Town.

22 Graduate School of Business (GSB) Research Report 2006

Director: Professor Frank M. Horwitz

School Profile

Research at the Graduate School of Business (GSB) is recognised internationally for its focus on emerging markets and transion economies. The contextual focus creates opportunities for an eclectic blend of research that often crosses functional disciplines. The GSB has four NRF rated researchers. GSB researchers work independently, in local and international collaborations and in research centres to explore important managerial issues in human resource management and labour relations, market orientation and strategy, security returns, portfolio and strategies, knowledge management, export marketing and management, utility regulation and infrastructure management, labour market dynamics, consumer behaviour, leadership competencies, organisational and national culture, manufacturing strategy, supply chain management, participative organisation structures, social identity, and service quality. Research is also active in the pricing of contingent claims and financial derivatives, advertising and media research, innovation, information technology, business strategy, learning theory and performance, social marketing and market segmentation.

The research requires diverse methodological approaches that may include quantitative techniques for inference and assessment (e.g. regression, structural equation modelling, Bayesian analysis) and qualitative methods of discovery and exploration (e.g. action learning, case studies, projective techniques, depth interviews).

In 2006, the UCT Centre for Innovation and Entrepreneurship at the GSB reached a milestone in publishing its fifth Global Entrepreneurship Monitor (GEM). Published annually simultaneously in South Africa and 42 other countries around the world as part of a project headquartered at the London Business School, GEM is South Africa's most authoritative report on entrepreneurship and is sponsored by Liberty Life, South African Breweries, The National research Foundation and The Standard Bank. In 2005, the UCT Centre for Leadership and Public Values at the GSB published its first study, which is among the first to explore indigenous forms of community giving, self help and mutual assistance. The Centre continues to receive Ford Foundation support for the research programme.

School Statistics

Permanent and long-term contract staff

Professors 9 Associate Professors 3 Senior Lecturers 8 Research Staff 1 Technical and Support Staff 32

23 Administrative and Clerical Staff 46 Total 99

Students

Doctoral (PhD) 14 Master of Business Administration (MBA) 113 Executive MBA 43 Associate in Management (AIM) 67 Post Graduate Diploma in Management Practice (PGDMP) 54 Part-time Total 291

Professor Kurt A. April Knowledge management (technological and human approaches), leadership, change management, information technology strategy, e-business strategy

Mr Angus Bowmaker-Falconer Black economic empowerment, employment equity; human capital metrics, human resource development; human resource information and organisational effectiveness

Professor Steven Burgess International and domestic marketing strategy in emergent and low-income economy contexts, consumer personality, values and attitudes, salesperson performance, strategic orientation, organisational structure and business performance

Professor Anton Eberhard Strategic management, restructuring and regulation of infrastructure industries, including the electricity, gas, telecommunication and water sectors

Ms Janine Everson Strategy, strategic topology and the links to market orientation, executive coaching

Professor Norman Faull Operations management; manufacturing strategy; operations strategy implementation or execution; partnering in supply chain management

Professor Colin Firer Market timing; history of SA capital markets; cost of capital

Mr Jonathan Foster-Pedley Strategy; strategic discourse; strategic creativity educational design

Dr Evan Gilbert Capital budgeting behaviour, risk and uncertainty; real options decision-making under conditions of uncertainty

24 Professor Frank Horwitz High performance work practices and workplace flexibility, organisational restructuring and downsizing, knowledge worker management, cross-cultural human resource management, cultural and human resource integration in mergers and acquisitions, employment discrimination and diversity and strategic human resource management

Professor David Kaplan (Joint appointment with the GSB (60%) and Economics (40%)) Technology development; technology policy; industrial policy; telecommunications industry; migration of skilled persons

Professor Thomas A. Koelble Political studies; theory and practice of democracy; political economy; international political economy; comparative politics

Associate Professor Tom Ryan Systems thinking and organisational development; management development and learning; management research methodology

Dr Hamieda Parker Innovation; operations strategy; new product development; supply chain management; strategic alliances and networks

Mr Barry Standish General microeconomic modelling; socio-economic impact of toll roads in South Africa; economics of gambling; economics of labour based construction and civil engineering; economic impact studies

Mr Lance Stringer IT strategy and management; new firm financing, venture capital, business angel financing, corporate entrepreneurship

Dr Ailsa Stewart-Smith Communication; group process; language; leadership, learning strategies

Dr Mills Soko International trade; international business; emerging markets; globalisation; regional economic integration, with a specific focus on Southern Africa; foreign direct investment; and government-industry relations in South Africa

Professor Paul Sulcas Information systems, information technology (including world-wide-web developments and e-commerce), business strategy (organisational settings, prescriptive vs. emergent approaches, analysis, formulation, implementation, change management), applied business strategy (practical fieldwork regarding organisation- focused strategies)

Associate Professor Eric Wood

25 Entrepreneurship, innovation, internationalisation

Contact Details

Postal address: Graduate School of Business, University of Cape Town, Breakwater Campus, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 406 1922 Fax: +27 21 421 5510 E-mail: [email protected]

Research Output

April, K. and Bessa, J. 2006. A critique of the strategic competitive intelligence process within a global energy multinational. Problems and Perspectives in Management, 4(2): 86-99.

Burgess, S. and Steenkamp, J.E.M. 2006. Marketing renaissance: How research in emerging markets advances marketing science and practice. International Journal of Research in Marketing, 23: 337-356.

Cubbin, E., Eidne, M., Firer, C. and Gilbert, E.S. 2006. Mean reversion on the JSE. Investment Analysts, 63: 39-47.

Digby, C.W., Firer, C. and Gilbert, E.S. 2006. The South African risk premium. Studies in Economics and Econometrics, 30(3): 1-17.

Foster-Pedley, J. and Hertzog, H. 2006. Financing strategies for growth in the renewable energy industry in South Africa. Journal of Energy in Southern Africa, 17(4): 57-64.

Gratwick, K., Ghanadan, R. and Eberhard, A.A. 2006. Generating power and controversy: Understanding Tanzania's independent power projects. Journal of Energy in Southern Africa, 17(4): 39-56.

Hall, M. 2005. Have South African universities lost their autonomy in the first decade of democracy? A response to Jonathan Jansen. Journal of Higher Education in Africa 3(2): 165-170.

Hall, M. 2006. Academic freedom and the university: Fifty years of debate. South African Journal of Higher Education, 20(3): 8-16.

Hall, M. and Symes, A. 2005. South African Higher Education in the first decade of democracy: From co-operative governance to conditional autonomy. Studies in Higher Education, 30(2): 199-212.

26 Horwitz, F.M., Bravington, D.J. and Silvis, U.R. 2006. The promise of virtual teams: Identifying key factors in effectiveness and failure. Journal of European Industrial Training, 30(6): 472-494.

Horwitz, F.M., Chan, T.H., Quazi, H.A., Nonkwelo, C.B., Roditi, D.O. and Van eck, P.R. 2006. Human resource strategies for managing knowledge workers: An Afro- Asian comparative analysis. International Journal of Human Resource Management, 17(5): 775-811.

Ipser, J.C., Carey, P., Dhansay, Y., Fakier, N., Seedat, S. and Stein, D.J. 2006. Pharmacotherapy augmentation strategies in treatment - resistant anxiety disorders. Cochrane Database of Systematic Reviews, 4: CD005473.

Koelble, T.A. and Lipuma, E. 2006. The effects of circulatory capitalism on democratization: Observations from South Africa and Brazil. Democratization, 13(4): 605-631.

Lipuma, E. and Koelble, T.A. 2006. Economic policy diffusion and the international financial system: The case for an international Keynesian coalition. Politikon, 33(1): 17-29.

Potgieter, A.E.G., April, K. and Lockett, M. 2006. Adaptive Bayesian agents: Enabling distributed social networks. South African Journal of Business Management, 37(1): 41-55.

Soko, M. 2006. International capital movements: State responses to financial globalisation. South African Journal of Social and Economic Policy, 24: 78-81.

Standish, J.B. and Boting, A. 2006. Troubling long term trends in the South African retirement fund system. Investment Analysts, 63: 49-56.

Wood, E.A.S. and Kaplan, D.E. 2005. Innovation and performance improvement in the South African wine industry. International Journal Technology and Globalisation, 1(3/4): 381-399.

April, K. and Shockley, M. 2006. Diversity in Africa: The coming of age of a continent: 1-316. Hampshire: Palgrave Macmillan.

April, K. and Shockley, M. 2006. Diversity: New realities in a changing world: 1-380. Hampshire: Palgrave Macmillan.

CHAPTERS IN BOOKS

Burgess, S. 2006. Marketing in Africa. In J. Luiz (ed.), Managing business in Africa: 257-294. Cape Town: Oxford University Press Southern Africa.

27 Burgess, S. and Nyajeka, P. 2006. Market orientation and performance at the "Base of the Pyramid": The Case of Zimbabwean Retailers. In S. Keane (ed.), MSI Reports: 89-115. Cambridge: Marketing Science Institute.

Eberhard, A.A. 2006. The political-economy of power sector reform in developing countries. In D. Victor and T. Heller (eds), The political-economy of power sector reform in South Africa: 215-253. United Kingdom: Cambridge University Press.

Faull, N.H.B. 2006. Operations and logistics management. In J. Luiz (ed.), Managing business in Africa: Practical management theory for an emerging market: 313-344. Cape Town: Oxford University Press.

Horwitz, F.M. 2006. Human resource management in Africa. In J. Luiz (ed.), Managing business in Africa: Practical management theory for an emerging market : 131-149. Cape Town: Oxford University Press.

Horwitz, F.M. 2006. Industrial relations in Africa. In M.J. Morley, P. Gunnigle and D.G. Collings (eds), Global industrial relations: 178-198. United Kingdom: Routledge.

NON PEER-REVIEWED PUBLISHED CONFERENCE PROCEEDINGS

Eberhard, A.A. 2006. A re-assessment of independent regulation of infrastructure in developing countries: Improving performance through hybrid and transitional models. Proceedings of Annual Bank Conference on Development Economics, Tokyo, Japan, 29-30 May. 1-31.

Eberhard, A.A. 2006. Infrastructure regulation in developing countries: An exploration of hybrid and transitional models. Proceedings of 3rd Annual Conference, Africa Forum of Utility Regulators, Windhoek, Namibia, 15-16 March. 1-39.

Burgess, S., Koen, S. and Venter, E. 2006. The mediator-moderator model of salesperson performance. Marketing Science Conference: 66.

Alexander, M. 2006. Congruence of Values in the Workplace: A Qualitative and Quantitative Study on Women: 1-96. Masters in Business Administration.

Allison, C. 2006. An Empirical Investigation into the Dimensions of Stewardship : 1- 137. Masters in Business Administration.

Anand, S.A. 2006. The role of market and technology orientation in an ECM NPO technology startup: The Cell-Life Story: 1-132. Masters in Business Administration.

28 Angus, A. 2006. The Role of formal Financial Analysis in making Captial Investment decisions within the South African Beverage Industry : 1-36. Masters in Business Administration.

Bailey, G. 2006. Liquidity and Mean Reversion on the JSE : 1-43. Masters in Business Administration.

Bisset, T. 2006. The Role of Innovation in promoting entrepreneurship in South Africa: 1-37. Masters in Business Administration.

Black, J. 2006. An evaluation of the impact of management practice on variations: 1- 90. Masters In Business Administration.

Booysen, T. 2006. Lean in Healthcare: Applying Value Stream Mapping and Lean in the Accident & Emergency Unit at G.F. Jooste Hospital : 1-66. Masters in Business Administration.

Bosman, H. 2006. SMEs and its limited access to funding : 1-77. Masters in Business Administration.

Bradley, D. 2006. The propeties of successful shopping centres: A study of two top performing shopping centres : 1-72. Masters in Business Administration.

Brown, G. 2006. The Cape Grace Hotel: An Investigation to identify factors relating to the Labour turnover situation : 1-44. Masters in Business Administration.

Burri, S. 2006. Sustainability of Call Centre Investment: 1-190. Masters in Business Administration.

Cele, M. 2006. Property Investments in underdeveloped urban regions in South Africa: Investor and Non-Investor Perspectives: 1-43. Masters in Business Administration.

Cele, T. 2006. Kaross - Entrepreneurship meets social development: 1-53. Masters in Business Administration.

Chemhuru, K. 2006. Factors Important in the Retention of Female Executives : 1-66. Masters in Business Administration.

Chidester, C. 2006. Projects as Living Systems: Mitigating Project Risk Through Viable Work Systems: 1-190. Masters in Business Administration.

Chipidza, C. 2006. How leadership style and decision-making impacts on organisation performance at the different stages of the corporate lifecycle: A study of South African organisations : 1-160. Masters in Business Administration.

Clulow, C. 2006. Ernst & Young, Western Cape: Addressing the Challenges of BEE, Transformation & Diversity : 1-46. Masters in Business Administration.

29 Cochrane, S. 2006. Analysis of the strategic objectives and portfolio management within the Biovac organisation: 1-82. Masters in Business Administration.

Coutinho, D. 2006. Fit for Purpose: 1-242. Masters in Business Administration.

Crewe-Brown, S. 2006. Evaluating Capital Project Risk: 1-72. Masters in Business Administration.

Davies, H. 2006. Lean and its Future at Threads : 1-110. Masters in Business Administration.

De Haan, J. 2006. Rethinking Capital Structure:Unlocking Investment Capital Through the Appropriate Use of Derivatives : 1-36. Masters in Business Administration.

Delport, L. 2006. The determinants of Industrial Property rentals in the Western cape: 1-101. Masters in Business Administration.

Desai, F. 2006. Financing of Low-Cost Housing: A Risky Affair : 1-53. Masters in Business Administration.

Dick, J.W. 2006. Learning from Eskom's New Capacity Expansion: Reflections on Human-Process Integration: 1-46. Master in Business Administration.

Drake, J. 2006. How to win an Academy Award : 1-99. Masters in Business Administration.

Dreyer, O. 2006. The South African Future Markets: An Analysis of the White Maize Derivatives Markets in Relation to the Spot Market: 1-73. Masters in Business Administration.

Dreyer, S. 2006. Empowerment: Is it a Woman's World? : 1-538. Masters in Business Administration.

Esemuze, T. 2006. How are oil and gas companies in South Africa managing their supply chain processes with regard to BEE procurement requirements?: 1-95. Masters in Business Administration.

Farr, M. 2006. The Impact of Coaching on Organisational Change : 1-80. Masters in Business Administration.

Fiszka-Borzyszkowski, P. 2006. Theory versus practice for entrepreneurs: starting a small jewellery business: 1-54. Masters in Business Administration.

Freeman, I. 2006. Hot Stuff: Case Study of the role social entrepreneurs can play in helping to achieve the United Nations Millennium Development Goals: 1-40. Masters in Business Administration.

30 Gamede, C. 2006. How to Adapt and Implement Six-Sigma Successfully in Order to Improve Quality and Reduce Waste: An African Explosives Limited Experience: 1- 250. Masters in Business Administration.

Garibaldi, C. 2006. Corporate Art Collections in South Africa: An investigation into purpose and function : 1-68. Masters in Business Administration.

George, L. 2006. Retention of Knowledge Workers at Koeberg Power Station : 1-88. Masters in Business Administration.

Goebel, K. 2006. Creating Leadership: Experiential Learning in Computer Games : 1- 95. Masters in Business Administration.

Govender, M. 2006. Dimensions of Discretionary Effort: 1-71. Masters in Business Administration.

Heijnis, C. 2006. Student perceptions of leadership development on the GSB EMBA: 1-86. Masters in Business Administration.

Hendricks, N. 2006. Is South Africans more tax compliant than a decade ago : 1-57. Masters in Business Administration.

Higham, J. 2006. Real Options Analysis as a Strategic Tool: An Empirical Application to a South African Gold Mine : 1-59. Masters in Business Administration.

Hugo, M. 2006. A review of private Management Contracts for Power Sector Reform in Africa: 1-56. Masters in Business Administration.

Huntingford, M. 2006. Eco-tourism as a source of sustainable competitive advantage: The Londolozi Experience : 1-80. Masters in Business Administration.

Hurribunce, A. 2006. Clinical Imaging Services at 1 Military Hospital Moving from Crisis to Sustainability: 1-129. Masters in Business Administration.

Hutchinson, A. 2006. Semi-variance and portfolio formation: 1-81. Masters in Business Administration.

Jacobs, A. 2006. The relationship between job satisfaction and productivity: 1-49. Masters in Business Administration.

Jambo, R. 2006. Intellectual Property Rights in South Africa: An analysis of IP Protection for Business Methods in the Financial Services Sector : 1-48. Masters in Business Administration.

Jankowitz, A. 2006. Adapting to a Changing Environment An Intervention Strategy for Travel Agents: 1-294. Masters in Business Administration.

Jikelo, A. 2006. Investing in the South African upstream petroleum industry : 1-60. Masters in Business Administration.

31 Kamanga, F. 2006. Passenger-car demand elasticities on South African Toll Roads: 1- 63. Masters in Business Administration.

Kaminski, R. 2006. Ethical Labour Practices in the Primary Wine Producing Areas of The Western Cape : 1-85. Masters in Business Administration.

Kearney, J. 2006. An analysis of in trade promotional effectiveness : 1-61. Masters in Business Administration.

Kennedy, R. 2006. Township Patterns: A business model for Enterprise Development in Emerging Economies: 1-70. Masters in Business Administration.

Knight, R. 2006. The displacement effects of gambling in South Africa: 1-81. Masters in Business Administration.

Koch, K. 2006. Research Report Innovation in Berlin's Concert Organisations: 1-115. Masters in Business Administration.

Kunene, S. 2006. An investigation into the knowledge and skills levels of South African entrepreneurs : 1-55. Masters in Business Administration.

Lazenby, K. 2006. Value Innovation at the University of Pretoria: A Case Study of the Client Service Centre: 1-164. Masters in Business Administration.

Lloyd, A. 2006. Walking a Dinosaur up the Road Less Travelled: Developing a Toolbox for Exploration Teams to Create Shareholder Value in High-Risk Exploration Environments: 1-177. Masters in Business Administration.

Mabula, M. 2006. Reasons Behind Poor Implementation: Precursor to Success of Performance Improvement Programmes: 1-162. Masters in Business Administration.

Maku, M. 2006. Social Axioms and Consumer Behaviour and Decision-Making in the periurban townships around Cape Town : 1-52. Masters in Business Administration.

Malemia, L. 2006. Factors influencing the adoption of Internet Banking by Customers of National Bank of Malawi: A Comparative Study : 1-51. Masters in Business Administration.

Malzahn, E. 2006. Cost and benefit analysis of a Currency Union in the Southern African Development Community (SADC): 1-54. Masters in Business Administration.

Mannion, S. 2006. Operational Entrepreneurship - Viability for first world brands in third world markets: 1-164. Masters in Business Administration.

Maytham, A. 2006. Dividend Policy in South Africa: 1-63. Masters in Business Administration.

Mazibuko, T. 2006. Factors influencing Leadership Development: 1-46. Masters in Business Administration.

32 Mbengashe, N. 2006. Identifying the relationship between global competitiveness of the Durban Container Terminal and its management structure and institutional framework: 1-53. Masters in Business Administration.

Mcpherson, C. 2006. Pep stores : 1-95. Masters in Business Administration.

Mehta, K. 2006. SA Home Loans (Pty) Ltd: The strategy used to enter the South African residential mortgage loan market : 1-50. Masters in Business Administration.

Meukel, M. 2006. Strategic Partner Channel Management at the Mobile Network Operator O2 Germany in an Increasingly Challenging Environment: 1-273. Masters in Business Administration.

Mistry, J. 2006. Corporate Support for HIV/AIDS in a selected number of companies in Cape Town : 1-50. Masters in Business Administration.

Mlangeni, J. 2006. A review of the impact of Preferential Procurement Policy at Xstrata Alloys: Successes and Challenges: 1-54. Masters in Business Administration.

Mokoka, G. 2006. Can Londolozi Private Game Reserve become a model for ecotourism and conservation in Africa and the world? : 1-41. Masters in Business Administration.

Monadjem, A. 2006. Extortion by Poison at Pick 'n Pay : 1-71. Masters in Business Administration.

Monchusi, A. 2006. Creating Business Viability and Competitiveness in an Engineering Consultancy Practice:1-172. Masters in Business Administration.

Mramba, K. 2006. Constraints on Economic Development in Tanzania: 1-40. Masters in Business Administration.

Mueller, T. 2006. Interfunctional conflict in situations of change : 1-76. Masters in Business Administration.

Mwase, J. 2006. Can Insurance firms provide effective solutions for burial societies in South Africa: 1-61. Masters in Business Administration.

Naidoo, V. 2006. The Value of the Principles of Black Consciousness : 1-246. Masters in Business Administration.

Nangolo, J. 2006. An investigation into the use of Hybrids/Alternative methods for Commercial Property Development Financing in South Africa: 1-120. Masters in Business Administration.

Nkosi, M.S. 2006. Cases of currency crises in South Africa: An empirical analysis: 1- 60. Masters in Business Administration.

33 Nkumbula, L. 2006. Attitudes towards the use of automated teller machine: A South African and Zambian perspective: 1-99. Masters in Business Administration.

Owei, Z. 2006. Comparative Analysis of Valuation Processes used by: 1-59. Masters in Business Administration.

Persotam, H. 2006. AngloGold Ashanti: Profiling Philanthropy and Social Investment to create jobs through Enterprise Development in the Community: 1-92. Masters in Business Administration.

Poots, B. 2006. The X Factor: The Catalyst for Success : 1-140. Masters in Business Administration.

Popken, M. 2006. Understanding sustainability of family businesses: 1-156. Masters in Business Administration.

Pundit, P. 2006. Work satisfaction of nurses in SA : 1-110. Masters in Business Administration.

Rametsi, B. 2006. Moderating and Mediating effects on strategic alliance orientation and business performance within the Life Insurance Industry in South Africa: 1-80. Masters in Business Administration.

Ramokgopa, R. 2006. Race-Gender Diversity and Firm Performance in South Africa: 1-52. Masters in Business Administration.

Robinson, D. 2006. A study of factors that affect turnover on the South African bond market: 1-38. Masters in Business Administration.

Robinson, J. 2006. Empowerment of employees: A proven strategy for building more viable organisations: 1-173. Masters in Business Administration.

Romano, A. 2006. Ensuring the viability of a South African corporate identity sign company: improving the value it creates for its key stakeholders using systems thinking methodologies: 1-160. Masters in Business Administration.

Roodt, E. 2006. Sport stadiums and property prices: A case study: 1-63. Masters in Business Administration.

Rosholt, M. 2006. Here Be Dragons: A case study of HBD Venture Capital- highlighting the develping model of venture capital investing in South Africa : 1-62. Masters in Business Administration.

Ryan, A. 2006. The business case benefits of water and energy efficiency for the South African platinum industry: 1-123. Masters in Business Administration.

Sellmeyer, B. 2006. Cape Town CBD : 1-63. Masters in Business Administration.

Shrand, B. 2006. Motivation and Retention of Knowledge Workers in a Technology- Driven Start-up Firm : 1-77. Masters in Business Administration.

34 Sidery, K. 2006. Beyerskloof: Marketing a small high growth South African Winery: 1-54. Masters in Business Administration.

Smith, D. 2006. A portfolio diversification index as a fund management instrument: 1-64. Masters in Business Administration.

Smithson, K. 2006. Price Performance of newly listed mining stocks on the London AIM and Toronto TSX-V Stock Exchanges: 1-100. Masters in Business Administration.

Sonday, S. 2006. Household savings in South Africa: Examining some key similarities/differences between income groups: 1-52. Masters in Business Administration.

Tait, D. 2006. Economic participation of communities from luxury based ecotourism: : 1-45. Masters in Business Administration.

Timpson, L. 2006. Operations at St. Luke's Hospice: A Case Study : 1-59. Masters in Business Administration.

Tsehlo, M. 2006. What is the cost of Ethics? A comparison of the opportunity costs of alternative ethically based investment policies : 1-57. Masters in Business Administration.

Tudhope, M. 2006. A learning organisation approach to managing intellectual capital: 1-123. Masters in Business Administration.

Vallabhjee, K. 2006. Organisational Intelligence How can it improve responsiveness? 1-235. Masters in Business Administration.

Van der Wath, K. 2006. A holistic environmental approach to emissions management: 1-167. Masters in Business Administration.

Van Graan, J. 2006. Attracting and retaining highly skilled and scarce information technology security staff in a sample of small and medium sized organisations in South Africa : 1-66. Masters in Business Administration.

Viljoen, D. 2006. Learning to Lead: A case study: 1-97. Masters in Business Administration.

Vorster, J. 2006. Application of constant proportion portfolio insurance techniques in South Africa: 1-42. Masters in Business Administration.

Wardman, C. 2006. Kumala: A South African brand success story: 1-85. Masters in Business Administration.

Whitfield, L. 2006. Corporate Savings in South Africa : 1-48. Masters in Business Administration.

35 Williams, L. 2006. An Empirical evaluation of the factors that influence real exchange rates: 1-50. Masters in Business Administration.

Wuite, R. 2006. Real effective exchange rate equilibrium and misalignment in South Africa: 1-79. Masters in Business Administration.

April, K., April, A. and Wabbels, H.E. 2006. Growth Through Unlearning. Develop 3: 78-81

Burgess, S.M. 2006. Companies Can Prepare for the Unexpected. Marketing Mix, 33.

Burgess, S.M. 2006. Going Global: Expand Your Mind Before Your Business. Marketing Mix, 1/9/06, 32-34.

Everson, J. 2006. Critical to Develop South Africa's Managerial Talent. Business Brief October: 38-49

Faull, N.H.B. 2006. Improving South African Service Delivery. Journal of Convergence 7 (3): 46-49

Sulcas, P. 2005. Corporate Crime - Commonalities and National Responses. Boardroom 4: 3-4

Sulcas, P. 2006. Anyone for a round of TBL. Accountacy SA (July): 16

Sulcas, P. 2006. Family Business: Some important insights. Accounting SA (April): 20-23

Sulcas, P. 2006. From MD to Chairman. Boardroom (1): 13-14

Sulcas, P. 2006. From MD to Chairman. The Accountant (January): 10-11

Torun, E. and April, K. 2006. Individual Control: Implications for Business Managers. Journal for Convergence 7 (1): 1-4

NEWSPAPER ARTICLES

Burgess, S.M. 2006. Marketing Trends: SA Can Show Way in Selling to New World. Business Day, 18/7/06: 13.

Eberhard, A.A. 2006. Dangers in cutting Nersa's power. Business Day (final), 20/09/2006: 15

Eberhard, A.A. 2006. Eskom's broken contract in Cape. Business Day 28/02/2006: 21

36 Eberhard, A.A. 2006. Infrastructure Regulation in Africa: Hybrid and transitional models. ESI Africa , Issue 3: 68

Eberhard, A.A. 2006. Power crisis ideal time for rethink. Cape Times 02/05/2006: 9

Eberhard, A.A. 2006. The essentials of Energy security. UCT Monday Paper 29/05/2006: 5

Eberhard, A.A. 2006. The market and energy security. Business Day 23/05/2006: 13

Eberhard, A.A. 2006. The Western Cape power crises: Moving beyond the blame game. Energize: Power Journal of South African Institute of Electrical Engineers 01/03/2006: 3

Everson, J. and O'Flaherty, C.M.B. 2006. Developing staff for the future. Witness, Jobwise 16/10/2006: 8

Faull, N.H.B. 2006. Delivery now the watchword as South Africa gears up for 2010. Cape Argus 31/07/2006: 14

Gilbert, E.S. 2006. How overreaction brings opportunities. Business Day Final 30/06/2006: 13

Gilbert, E.S. 2006. Sharing wealth creation. Opportunity 01/11/2006: 81-82

Herrington, M.D. 2006. Angels in Heaven: Financing your business. Business Day, Real Business 23/10/2006: 4

Herrington, M.D. 2006. Gain stability before looking for liquidity. Business Day, Real Business 21/08/2006: 6

Herrington, M.D. 2006. Pulling a business up by the bootstraps. Business Day, Real Business 18/09/2006: 4

Herrington, M.D. 2006. Think cash last before looking for success. Business Day, Real Business 17/07/2006: 6

Horwitz, F.M. 2006. Human Resources vital for strategic success. Business Report National 11/04/2006: 2

Horwitz, F.M. 2006. Knowledge and People are key to HR Strategy for business success. Cape Argus 03/07/2006: 14

ONLINE WORKS

Eberhard, A.A. 2006. An analysis of the private management contract in TANESCO, Tanzania. http://gsbnet.uct.ac.za/mir/admin/documents/Tanzan.

37 Eberhard, A.A. 2006. Fuelling Power Generation: Eygptian IPP Case Study. http://gsbnet.uct.ac.za/mir/admin/documents/Egypt%.

Eberhard, A.A. 2006. Generating Power and Controversy: Understanding Tanzania’s Independent Power Projects. http://gsbnet.uct.ac.za/MIR/admin/documents/Tanzan.

Eberhard, A.A. 2006. The contribution and evolution of Independent Power Projects in Kenya. http://gsbnet.uct.ac.za/mir/admin/documents/Kenya%.

Eberhard, A.A. 2006. The experience of IPPs across Africa. http://gsbnet.uct.ac.za/MIR/admin/documents/IPPs%2.

38 Department of Information Systems Research Report 2006

Head of Department: Kevin Johnston

Department Profile

This year 7 new PhD students registered and IS has a total of 20 registered Ph.D students. Nine new Masters students registered, and IS had a total of 17 of which 4 graduated in 2006.

The department is particular proud of its first NRF rated researcher, Associate Professor Irwin Brown. Two academics were promoted this year effective from 1 January 2007: Associate Professor Hart has been promoted to full Professor and Dr. Chigona has been promoted to Senior Lecturer.

Student research is both very prolific and of a consistently high standard, and students have been invited to several national and 5 international conferences.

Staff research continues to grow, with a steady increase in the number of peer- reviewed conference papers and journal articles. Research in the Department is conducted on a wide variety of topics in Information Systems (IS) within commerce, industry and society generally. Our main research thrusts can be classified under these broad themes: IS/IT for national development; eCommerce; knowledge management; IS/IT management, planning and strategy; IS education and skills; and workgroups, teams and projects.

Staff investigate both technical and managerial aspects of IS and are especially concerned with topics of relevance to business and national goals. Much of the research is cross-disciplinary, involving elements of social science, computer science, management and commerce. There is a strong interest in our publications and research reports from both the academic and professional communities.

Permanent Staff

Professors 2 Associate Professors 3 Senior Lecturers 8 Lecturers 0 Administrative and Clerical Staff 5 Total 18

Honorary Staff

Visiting Professors 1

39 Contract Staff

Senior Lecturer 1 Teaching Assistant 1 Total 2

Students

Doctoral 20 Masters 17 Honours 67 Undergraduate 2535 Postgraduate Diploma 30 Total 2669

Permanent Staff

Associate Professor Irwin Brown Strategic IS planning; IS theory development; systems thinking in IS; IS effectiveness; end user technology adoption; global IT (cultural issues, national development, digital divide)

Dr Wallace Chigona Community informatics; use of ICT as a tool for national development; and information accessibility for illiterate adults

Dr Eric Cloete Computer architectures and software; information systems management; image processing; electronic commerce

Mr Mike Eccles Teaching educationally disadvantaged students; object-oriented analysis and design; information systems controls and security; e-learning; education and IS

Professor Mike Hart Strategic use of IS; key management issues in IS; perceptions of IS and the digital divide; data mining; knowledge management ; customer relationship management; contact centres

Mr Kevin Johnston ICT strategy and alignment; use of ICT in business; ICT management issues; OSS

Associate Professor Michael Kyobe Strategic IT planning; IT alignment; computer security and utilisation of IT to leverage knowledge management

40 Ms Elsje Scott Object-orientated programming and methodologies; efficient teaching methods for programming concepts; IS project management; with the specific focus on student group projects

Mr Kosheek Kewchurran Problem structuring and sense making devices to support IS provision; strategic planning for IS technology implementations; IS project and program management; information and knowledge architectures.

Dr Lisa Seymour Enterprise IS; education and IS

Professor Derek Smith Information systems personnel management; project portfolio management; project teams

Mr Adrie Stander Data communications; database design; human-computer interaction; culture and information systems

Associate Professor Jean-Paul van Belle Adoption of information technologies; appropriate ICTs; e-commerce and m- commerce; conceptual foundations of IS; enterprise IS architectures; conceptual modeling

Contact Details

Postal Address: Department of Information Systems, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 4028 Fax: +27 21 650 2280 E-mail: [email protected] Web : http://www.commerce.uct.ac.za/InformationSystems/

Research Output

Hart, M.L. 2006. Customer relationship management: Are software applications aligned with business objectives? South African Journal of Business Management, 37(2): 17-32.

Hart, M.L. 2006. Progress of organisational data mining in South Africa. South African Computer Journal, 36: 4 -15.

41 Hart, M.L. 2006. The information technology model curriculum: Introduction to the special series. Journal of Information Technology Education (JITE), 5: 337 - 342.

Hart, M.L., Pook, L.P., Jenei, G. and Jennings, M. 2006. The importance of global business information: Perceptions of students in Hungary, Romania, South Africa and the United States. South African Journal of Information Management, 8(3): 1-14.

Johnston, K. and Ng'ambi, D. 2006. An ICT-mediated constructivist approach for increasing academic support and teaching critical thinking skills. Educational Technology and Society, 9(2): 244-253.

Scott, E.C. 2006. Systems development group project: A real-world experience. Information Systems Education Journal, 4(23): 3-10.

Scott, E.C. and Pollock, M.A. 2006. Effectiveness of self-selected teams: A systems development project experience. Journal of Issues in Informing Science and Information Technology, 3: 601-618.

Seymour, L., Scott, E.C., Meyerowitz, J., Malamoglou, S. and Morar, A. 2006. Skills learnt during a systems development course: Graduate perceptions of skills transfer and industry alignment. Information Systems Education Journal, 4(23): 1-13.

Smith, D., Eastcroft, M.F., Mahmood, N. and Rode, H. 2006. Risk factors affecting software projects in South Africa. South African Journal of Business Management, 37(2): 55-65.

Van Belle, J.W.G.D. 2006. A framework for the evaluation of business models and its empirical validation. Electronic Journal of Information Systems Evaluation, 9(1): 31- 43.

CHAPTERS IN BOOKS

Chigona, W.M.G., Van Belle, J.W.G.D., Arellano, N. and Moore, J. 2006. ICT-based community development initiatives in South Africa. In S. Marshall, W. Taylor and X. Yu (eds), Encyclopaedia of developing regional communities: 399-404. Hershley: Idea Group Reference.

Van Belle, J.W.G.D. and Trusler, J. 2006. A rural multi-purpose community centre in South Africa. In S. Marshall, W. Taylor and X. Yu (eds) Encyclopaedia of developing regional communities: 618-623. Heshley: Idea Group Reference.

PEER-REVIEWED PUBLISHED CONFERENCE PROCEEDINGS

Banderker, N. and Van Belle, J.P. 2006. Mobile technology adoption by doctors in public healthcare in South Africa. Proceedings of 2006 ECIS Goteborg – 14th European Conference in Information Systems, 12-14 June 2006, Gothenburg, Sweden, 1-13, ISBN 91-631-9894-0. [CD-ROM].

42 Brown, I.T.J. and Njenga, K.N. 2006. Conceptualising the influence of tacit knowledge in security risk management sctivities. Proceedings of the Information Security South Africa (ISSA) 2006 Conference, 5-7 July 2006, Sandton, South Africa, 27-36. ISBN 1-877314-60-9.

Brown, I.T.J. and Njenga, K.N. 2006. The soft approach to managing security risk. In B. Cusack (ed.), Proceedings of the 2006 IT Governance International Conference, 13-15 November 2006, Auckland, New Zealand, 27-36. ISBN 1-877314-60-9.

Brown, I.T.J., Field, A.L., Wessels, G.A. and Hill, B.W. 2006. Role of uncertainty avoidance and trust in online shopping adoption. In P.A. van Brakel (ed.), Proceedings of the 8th Annual Conference on World Wide Web Applications, 6-8 September 2006, Bloemfontein, South Africa, 3-14. ISBN 0-620-37309-1. [Online]. Available: http://www.zaw3.co.za.

Brown, I.T.J., Njenga, K.N. and Letsoalo, K. 2006. An investigation of enablers and inhibitors of IT governance implementation. In B. Cusack (ed.), Proceedings of the 2006 IT Governance International Conference, 13-15 November 2006, Auckland, New Zealand, 97-106. ISBN 1-877314-60-9.

Brown, I.T.J., Van Belle, J.P., Twum-Ampofo, Y.O., Patel, K. and De Rijk, K.A. 2006. T-Commerce: An investigation of non-adoption in South Africa. Proceedings of CISTM 2006, 4th Conference of Information Science Technology and Management, 16-18 July 2006, Chandigarh, India. ISBN 0-9772107-4-X. [CD-ROM].

Chigona, W.M.G. 2006. Using diffusion of innovations framework to explain the communal computing facilities adoption among the urban poor. In A. Bytheway and C. Strumpfer (eds), Proceedings of CIDC 2006 Community Informatics for Developing Countries, 31 August – 2 September 2006, Cape Town, South Africa, 137-144. ISBN 0-620-37058-0.

Chigona, W.M.G. and Msiska, K. 2006. Investing the implementation and challenges of an ICT youth advocacy in a developing country. In A. Bytheway and C. Strumpfer (eds), Proceedings of CIDC 2006 Community Informatics for Developing Countries, 31 August – 2 September 2006, Cape Town, South Africa, 70-78. ISBN 0-620-37058- 0.

Chigona, W.M.G. and Samaai, E. 2006. An assessment of factors influencing the rural e-adoption: Case of South Africa. In P. Cunningham and M. Cunningham (eds), Proceedings of Information Society Technologies in Africa (IST-Africa), 3-5 May 2006, Pretoria, South Africa. ISBN 1-905824-01-7.

Chigona, W.M.G., Mponang, P., Rwomire, S. and Nhlapo, K.L. 2006. Who is e- adopting communal computing facilities: Case of disadvantaged Cape Town aommunities. Proceedings of the 7th Annual Global Information Technology Management (GITM) World Conference, 11-13 June 2006, Orlando, Florida, USA, 137-140. ISSN 1557-6574.

43 Cloete, E. 2006. E-Marketplaces in South Africa: Usage and adoption. Proceedings of the 13th European Conference on Information Technology Evaluation (ECITE 2006), 28-29 September 2006, Genoa, Italy, 149-155. ISBN 978-1-905305-34-6.

Cloete, E. and Ramburn, H. 2006. Determinants of Internet banking: Consumers’ versus banks perspective. In P.A. van Brakel (ed.), Proceedings of the 8th Annual Conference on World Wide Web Applications, 6-8 September 2006, Bloemfontein, South Africa. ISBN 0-620-37309-1. [Online]. Available: http://www.zaw3.co.za.

Eccles, M.G., Lambarey, Z., Rubin, S.N., Arnold, J.S.C. and Van Belle, J.W.G.D. 2006. Technological and societal factors influencing plagiarism among Information Systems students. Proceedings of the International Science and Technology Conference (ISTC) 2006, 28-30 November 2006, Vanderbijlpark, South Africa, 125- 140. ISBN 1-77012-013-0.

Hart, M.L. 2006. Using event study methodology to assess financial impact of media announcements on companies. Proceedings of the 5th European Conference on Research Methodology for Business and Management Studies, 17-18 July 2006, Dublin, Ireland, 161-169. ISBN 1-905305-26-5.

Hart, M.L. and Henriques, V. 2006. On the influence of facilitating conditions on DSS usage. In J.W.G.D. van Belle and I. Brown (eds), Proceedings of the 36th Annual Conference of the Southern African Computer Lecturers Association, 25-27 June 2006, Somerset West, South Africa, 135-146. ISBN 0-620-36150-6.

Johnston, K. 2005. Developing an ICT strategic plan for an African utility corporation. Proceedings of the International Business Information Management Conference (5th IBIMA), 13-15 December 2005, Cairo, Egypt, 1-5. ISBN 0-9753393- 4-6.

Johnston, K., Mosoval, F., Hart, B.A., Kadungure, T. and Gough, L. 2006. Open Source Software use in South African organisations: An empirical research report. Proceedings of the 7th International Business Information Management Association Conference (IBIMA), 14-16 December 2006, Brescia, Italy, 1-9. ISBN 0-9753393-6- 2.

Johnston, K., Mosoval, F., Healey, A., Prestedge, A.K. and Gardiner, J.-J. 2006. The state of Open Source Software (OSS) in South Africa. Proceedings of the Pacific Asia Conference on Information Systems, 6-9 July 2006, Kuala Lampur, Malaysia, 1404- 1419. ISBN 981-05-5964-X.

Johnston, K., Muganda, N.O. and Theys, K. 2006. Key issues for chief information officers in South Africa. Proceedings of the 12th Annual Americas Conference on Information Systems AMCIS 2006, 4-6 August 2006, Guerrero, Mexico, 3530-3537. ISBN 970-31-0740-0.

Johnston, K., Turner, N.J., Goosen, M.K. and Salie, M.R. 2006. An investigation into what IS Students want from lectures? Proceedings of the Conference on Information Technology in Tertiary Education (CITTE), 18-20 September 2006, Pretoria, South Africa, 1-7. ISBN 0-620-36564-1.

44 Johnston, K., Van Belle, J.W.G.D. and Rose, M.A. 2006. Barriers and enablers of OSS-on-the-desktop adoption. Proceedings of CISTM 2006, 4th Conference of Information Science Technology and Management, 16-18 July 2006, Chandigarh, India, 1-14. ISBN 0-9772107-4-X.

Kyobe, M. 2006. The effect of mediating mechanisms on IS planning. Proceedings of the EIASM Conference on Research in Entrepreneurship and Small Business, 22-24 November 2006, Brussels, Belgium, 1-20. ISBN 90-5095-632-7.

Mlitwa, N. 2006. Technology for teaching and learning in higher education contexts: AT and ANT analytical perspectives. In B. Nhlanhla and B. Mlitwa (eds), Proceedings of the e/merge Online Conference: Learning Landscapes in Southern Africa, 10-21 July. [Online]. Available: http://emerge2006.net. ISBN 0-620-36467-X.

Nash, J.M. 2006. Relating IS student throughput to English proficiency. In J.W.G.D. van Belle and I. Brown (eds), Proceedings of the 36th Annual Conference of the Southern African Computer Lecturers Association, 25-27 June 2006, Somerset West, South Africa, 21-31. ISBN 0-620-36150-6.

Scott, E.C. and Johnston, K. 2006. Estimating effort required to deliver object- oriented software development PROJECTS: A USE-Case point’s account. Proceedings of the PMSA Conference 2006 – Growth and Collaboration for a Project Management Profession, 30 May – 1 June 2006, Midrand, South Africa, 279-297. ISBN 1-920-01708-9.

Scott, E.C. and Van der Merwe, N. 2006. Reflecting the body of knowledge in both curriculum and assessment: A case of IS student group projects. Proceedings of the 13th European Conference on Information Technology Evaluation (ECITE 2006), 28- 29 September 2006, Genoa, Italy, 433-443. ISBN 978-1-905305-34-6.

Seymour, L., Bishop, J., Jaffe, A. and Carter, B. 2006. Communication media choice of senior Information System students. Proceedings of the Conference on Information Technology in Tertiary Education (CITTE2006), 18-20 September 2006, Pretoria, South Africa, 1-11. ISBN 0-620-36564-1.

Seymour, L., Muneeb, D.M., Mokobori, L.A. and Mandengu, T.T. 2006. The contribution towards student competencies: An analysis of an Information Systems business process and ERP course. In J.W.G.D. van Belle and I. Brown (eds), Proceedings of the 36th Annual Conference of the Southern African Computer Lecturers Association, 25-27 June 2006, Somerset West, South Africa, 43-58. ISBN 0-620-36150-6.

Seymour, L., Van Belle, J.W.G.D. and Prokopiev, A. 2006. An empirical investigation of factors affecting ERP impact. Proceedings of Managing Information in the Digital Economy: Issues and Solutions (6th International Business Information Management Conference – IBIMA), 19-21 June 2006, Bonn, Germany, 415-423. ISBN 0-9753393-5-4.

45 Smith, D. 2006. Antecents of turnover intention and actual turnover among Information Systems personnel in South Africa. Proceedings of the 2006 ACM SIGMIS CPR Conference, 13-15 April 2006, California, USA, 123-129. ISBN 1- 59593-349-2.

Smith, D. and Cowie, T.M. 2006. IT project managers' perceptions of benefits realisation management. Proceedings of the IRNOP VII Project Research Conference, 11-13 October 2006, Beijing, China, 82-87. ISBN 7-121-03252-X.

Smith, D., Brokenshire, R., Maphai, K. and Maine, R.J. 2006. Using storytelling to assess the competencies of a master project manager. Proceedings of the PMSA Conference 2006 – Growth and Collaboration for a Project Management Profession, 30 May – 1 June 2006, Midrand, South Africa, 42-50. ISBN 1-920-01708-9.

Stander, A. and Mosoval, F. 2006. Meeting the online challenge: The South African travel industry. Proceedings of the 7th International Business Information Management Association Conference (IBIMA), 14-16 December 2006, Brescia, Italy, 256-264. ISBN 0-9753393-6-2.

Van Belle, J.W.G.D. and Richards, F. 2006. Determinants of 3G mobile video adoption by the South African mobile consumer. Proceedings of the 2006 Information Resources Management Association International Conference, 21-24 May 2006, Washington, DC, USA, Vol. 2: 772-775. ISBN 159904019-0.

Van Belle, J.W.G.D., Brink, D., Weller, J.R. and Roos, L.P. 2006. Migrating to OSS- on-the-Desktop: Lessons learnt and a proposed model. In J.W.G.D. van Belle and I. Brown (eds), Proceedings of the 36th Annual Conference of the Southern African Computer Lecturers Association, 25-27 June 2006, Somerset West, South Africa, 120-134. ISBN 0-620-36150-6.

Van Belle, J.W.G.D., Brink, D., Weller, J.R. and Roos, L.P. 2006. Critical success factors for migrating to OSS-on-the-Desktop: Common themes across three South African case studies. Proceedings of the 2nd International OSS Conference, 8-10 June 2006, Como, Italy, 287-293. ISBN 0-387-34225-7.

Van Belle, J.W.G.D., Chigona, W.M.G., Naidoo, M. and Miller, L. 2006. School- level ICT Adoption factors in the western Cape schools. Proceedings of the 4th IEEE International Workshop on Technology for Education in Developing Countries, 10-12 July 2006, Iringa, Tanzania, 57-61. ISBN 0-7695-2633-0.

Van Belle, J.W.G.D., Miller, L. and Naidoo, M. 2006. Critical success factors for ICT interventions in Western Cape schools. In J.W.G.D. van Belle and I. Brown (eds), Proceedings of the 36th Annual Conference of the Southern African Computer Lecturers Association, 25-27 June 2006, Somerset West, South Africa, 94-107. ISBN 0-620-36150-6.

Van Belle, J.W.G.D., Ramburn, H. and Scott, E.C. 2006. A suggested framework for the evaluation of meta search engines for Information Systems research. Proceedings of the 13th European Conference on Information Technology Evaluation (ECITE 2006), 28-29 September 2006, Genoa, Italy, 493-504. ISBN 978-1-905305-34-6.

46 NON PEER-REVIEWED PUBLISHED CONFERENCE PROCEEDINGS

Sewchurran, K. 2006. Soft Systems Methodology and Uml Business Process Modelling Framework For Complex Environments. Proceedings of Fifth Annual Symposium on Research in System Analysis and Design SIG Sand, Vancouver, Canada, 2-96.

Smith, D. and Bailey, S. 2006. The Emotional Intelligence and Leadership Style of IS Project Managers. Proceedings of the 20th IPMA World Congress on Project Management, Shanghai, China, 15-17 October 2006, 405-408. ISBN 7-111-04703-6.

Smith, D. 2006. The latest studies, developments and surveys conducted by UCT on the retention of skilled workers. Proceedings of the 2nd Annual Skills Africa Summit 2006, Midrand, Johannesburg, 22 - 25 May 2006.

Brown, I.T.J., Stothers, R.J., Thorp, S.R. and Ingram, L.T. 2006. The Role of Learning Styles in the Acceptance of Web-based Learning Tools. 36th Annual Conference of the Southern African Computer Lecturers Association SACLA2006, 1(1): 189-200.

Johnston, K. 2006. Who wanted to be Sherlock Holmes? 36th Annual Conference of the Southern African Computer Lecturers Association SACLA2006, 1(1): 189-200.

Sewchurran, K., Eccles, M.G. and Scott, E.C. 2006. 36th Annual Conference of the Southern African Computer Lecturers Association SACLA 2006. Teaching Software Development to Information Systems Majors Using an Action Research Process, 1(1): 189-200.

Smith, D. 2006. Educating the Millennial Student: Some Challenges for Academics. SACLA 2006, 1(1): 189-200.

Stander, A. 2006. The Need and Contents of a Course in Forensic Information Systems and Computer Science at the University of Cape Town. 36th Annual Conference of the Southern African Computer Lecturers Association SACLA2006, 1(1): 189-200.

Derakhshani, S. 2006. The Attractiveness of the Western Cape for Offshore Outsourcing Contact Centres: 1-221. MCom (I.S.).

Joubert, J. 2006. Building Trust in Mobile Commerce: 1-183. MCom.

47 Mutshewa, A. 2006. A theory of the use of information for environmental planning: The case of Botswana: 1-322. PhD.

Nyirenda, V. 2006. Social interaction in an online cross-disciplinary research conference: 1-101. MCom (I.S.).

Van Gysen, M. 2006. The Value of Transformational IT Investments in South Africa: An Event Study Analysis: 1-149. MCom (I.S.).

Williams, G. 2006. Towards a Model for IS Research Methodology Selection: The Effect of Epistemology Choice on a Consolidated Research Evaluation Tool: 1-112. MCom (I.S.).

48 School of Management Studies Research Report 2006 (Including Actuarial Science)

Head of School: Professor John Simpson

School Profile

The Business Science Section and Post Graduate Diplomas in Management in the School of Management Studies provide undergraduate introductory and advanced courses to honours level in management to students registered for the Business Science degree, and other degrees and postgraduate diplomas. Housed in the School are the Actuarial Science, Business Finance, Marketing and Organisational Psychology streams. Postgraduate diplomas in management are also offered by the School, in Marketing, Enterprise, Sport and Tourism Management. The School also offers management courses in general management, finance, human resource management, marketing, and industrial/organisational psychology to students from faculties outside the Commerce Faculty. Research is supervised at the honours, masters and doctoral levels in Management.

The Finance Section provides undergraduate courses in corporate finance, investments and international finance. Students receive training which allows them to enter either the financial services industry or the field of corporate financial management. Research at the postgraduate level is strongly encouraged.

The Organisational Psychology Section provides undergraduate courses in organisational psychology. At the postgraduate level it provides a Masters degree in Industrial Psychology, which could lead to professional registration. The Section has embarked on a PhD programme and aims to increase its current number (4) of PhD students. Research in the Section has been reorganised in the following ways:  Honours students do research within the confines of a signature theme selected by staff. Currently 9 groups of students are researching what motivates students and first-time employees in Finance, Information Systems, Accounting and Law.  A process of structured supervision and throughput has been implemented for Masters students in order to reduce throughput for a dissertation from 3.5 years to 1 year.

The Marketing Section provides undergraduate courses in marketing management, as well as more advanced courses in consumer behaviour, industrial, services and international marketing, marketing research, information technology & marketing and leisure & tourism marketing. Research is encouraged at the honours, masters and doctoral level. The UCT Unilever Institute of Strategic Marketing is housed in the Marketing Section. Its main purpose is to develop advanced and relevant marketing theory and information for the uniquely South African market place.

School Statistics

49 Permanent and Long Term Contract Staff

Professors 4 Associate Professors 4 Senior Lecturers 7 Lecturers 13 Research Staff 6 Administrative and Clerical Staff 7 Total 42

Students

Doctoral 5 Masters 19 Honours 430 Postgraduate Diploma 215 Undergraduate 1988 Total 2652

Permanent Staff

Professor John Simpson Consumer behaviour; retailing; strategic marketing; management in sport; teaching methodology

Professor Paul van Rensburg Explaining the cross section of equity returns in local and international markets

Professor Joha Louw-Potgieter Organisational change; e-learning; employment equity; human resource information systems

Associate Professor Jeffrey Bagraim Theory and management of workplace attitudes; organisation commitment; commitment to change; work-family conflict; organisational culture

Associate Professor David Flynn Capital markets and determinants of cost of capital for South African listed companies

Dr Richard George The relationship between tourism and crime: strategies and preventative measures in Cape Town

Mr Gert Human International marketing; strategic marketing; corporate entrepreneurship

50 Ms Suki Goodman Workforce diversity; organisational development in the context of a changing South Africa; industrial relations in the current economic, political and social climate; employee relations management; teaching, learning and assessment in commerce education

Ms Terri-Lynn Grant Business Communications in the global economy; non verbal communication; graphics; commerce education and earning theories.

Mr David Priilaid Wine pricing and brand analysis

Mr Lance Witten Employee relations; labour relations; organisational restructuring; employment equity

Mr Jacques Rousseau Theory, epistemology, teaching thinking and teaching

Contact Details

Postal address: School of Management Studies, University of Cape Town, Private Bag X3, Rondebosch, 7701, South Africa Telephone: +27 21 650 2466 Fax: +27 21 689 7570 E-mail: [email protected]

Research Output

Anyster, W.A., Goodman, S.L. and Wallis, T.S. 2006. The formation of self-efficacy beliefs of skilled professional employees in a South African fruit export organisation. South African Journal of Business Management, 37(4): 19-28.

Grant, T.-L. 2006. Problems of Communicative competence in multi-cultural medical encounters in South African health services. Curationis: Research Journal of the Democratic Nursing Organisation of South Africa, 24(4): 54-60.

Louw-Potgieter, J. 2006. Communicative dynamics of police-civilian encounters: African and American interethnic data. Journal of Intercultural Communication Research, 35(3): 161-182.

Priilaid, D.A. 2006. Wine's placebo effect - How the extrinsic cues of visual assessments mask the intrinsic quality of South African red wine. The International Journal of Wine Marketing, 18(1): 17-32.

51 Priilaid, D.A. and Van Rensburg, P. 2006. Non-linearity in the hedonic pricing of South African red wines. The International Journal of Wine Marketing, 18(3): 166- 182.

Schlechter, A.F. and Engelbrecht, A.S. 2006. The relationship between transformational leadership, meaning and organisational citizenship behaviour. Management Dynamics: Contemporary Research Journal of the Southern Africa Institute for Management Scientist, 15(4): 1-15.

Van Lill, B. and Denton, J.M. 2006. Managerial derailment. Vilakshan XIMB Journal of Management, III(2): 231 - 250.

Van Rensburg, P. and Prayag, A. 2006. The value of analyst’s consensus recommendations. Investment Analysts Journal, 63: 5-17.

Crafford, A., Moerdyk, A., Nel, N., O'Niel, C. and Schlechter, A.F. 2006. Industrial psychology: Fresh perspectives: 1-386. Cape Town: Pearson: Prentice Hall.

Schlechter, A.F. and Engelbrecht, A.S. 2006. The influence of transformational leadership on meaning and organisational citizenship behaviour. The 9th Annual Society for Industrial and Organisational Psychology Conference.

Appavou, A.I. 2006. Effectiveness of selection committees in making employment equity appointments at the Health Sciences Faculty: 80. MCom.

Benjamin, J. 2006. Professional work and actual work: The case of industrial psychologists in South Africa: 80. MCom.

De Gersigny, S. 2006. Determining the effectiveness of the HERS-SA Academy using the Kirkpatrick Framework of Training Evaluation: 1-80. MCom.

Kornick, J. 2006. Predicting Extreme Performers on the JSE Securities Exchange. MBusSci.

Matsinhe, T.R. 2006. Connecting with the black middle class: exploring the power of social networks and the impact of word of mouth as a way of designing marketing strategies for financial products/services for the south african emerging market : 1-88. Masters in Business Administration.

Milenkovic, N. 2006. Interrelationships among trade union commitment, organisational commitment, job satisfaction and trade union participation: 80. MCom.

52 Valaers, J. 2006. Firm-Specific Attributes and the Cross-Section of Tokyo Stock Exchange Returns. MBusSci.

Williams, R. and Leibowitz, P.A. 2006. Diversity Awareness Training: A Quasi- experimental Evaluation of Changes in Trainees’ Attitudes, Knowledge and Skills: 1- 85. MCom.

Actuarial Science Section & Centre for Actuarial Research Research Report 2006

Head of Section: Dr S. Kendal Director of the Centre for Actuarial Research: Professor R.E. Dorrington

School Profile

The section produces about 20% of all South African actuaries. Approximately 60% of our graduates go on to complete the professional examinations to qualify as actuaries, which is one of the highest qualification rates of any university in South Africa. In 2001 we became the second university in the world to have postgraduate courses recognised for exemption from the professional examinations, and currently have more courses recognised for exemption purposes than any other university.

The Centre for Actuarial Research was established in 2001. It brings together multi- disciplinary teams to build capacity, improve techniques and produce independent research in the following areas:  Demography  Healthcare Financing  Social Security  HIV/AIDS Modelling

The Centre actively promotes the collaboration of people with research interests in demography, actuarial science, social security, economics, finance and public sector policy. In addition, the Centre has been home to the programme in demography with both masters and PhD students. The Centre for Actuarial Research at the University of Cape Town is the only unit of its kind at an African university.

School Statistics

Permanent and long-term contract staff

Professors 1 Associate Professors 1 Senior Lecturers 3 Lecturers 2 Researchers 1.4

53 Administrative and Clerical 1 Staff Total 9.4

Students

PhD 3 Masters 10 Honours 65 Post-graduate diplomas 10 Undergraduate 300 Total 388

Professor R.E. Dorrington Demography; mortality; fertility; HIV/AIDS modelling; population estimation and projection

Dr S. Kendal The impact of HIV/AIDS on retirement funds and employee benefits; measuring and managing retirement product risk; taxation of retirement funds

Associate Professor I.L. MacDonald Applied probability; new time series models; mathematical finance

Dr T.A. Moultrie Fertility; statistical analysis of census and survey data; modelling of birth intervals; contraception use and adoption; HIV/AIDS

Ms S. Ramjee Health care product design and financing; medical price indices

Mr M. Ncube Living annuities, dynamic financial analysis of insurance companies

Mr L. Johnson HIV/AIDS modelling; epidemiology of STDs

Ms D. Budlender Gender budgeting; costing social security benefits; labour/employment; poverty

Contact Details

Actuarial Science

54 Postal Address: Actuarial Science, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 2475 Fax: +27 21 689 7580 E-mail: [email protected] Web: http://www.commerce.uct.ac.za/actuarialscience/

Centre for Actuarial Research

Postal Address: Actuarial Science, University of Cape Town, Private Bag X3, Rondebosch, 7701 Telephone: +27 21 650 2475 Fax: +27 21 689 7580 E-mail: care@[email protected] Web: http://www.commerce.uct.ac.za/Demography/ and http://www.commerce.uct.ac.za/care/

Research Output

Johnson, L.F. and Dorrington, R.E. 2006. Modelling the demographic impact of HIV/AIDS in South Africa and the likely impact of interventions. Demographic Research, 14(22): 541-574.

Moultrie, T. 2006. The Demography of South Africa [Review]. Population Studies, 60(2): 233-242.

Hallett, T.B., Aberle-Grasse, J., Dorrington, R.E., Bello, G. and Boulos, L.M. 2006. Declines in HIV prevelance can be associated with changing sexual behavious in Uganda, urban Kenya, Zimbabwe, and urban Haiti. 82: i1-i8.

EXTENSION AND DEVELOPMENT WORK

Dorrington, R.E. Johnson, L., Bradshaw, D. and Daniel, T.-J. 2006. The Demographic Impact of HIV/AIDS in South Africa. National and Provisional Indicators for 2006. Published jointly by the Centre for Actuarial Research, UCT, the Medical Research Council, and the Actuarial Society of South Africa, Cape Town. ISBN 0-7992 2322-0.

55 Department of Statistical Sciences

Please refer to the Faculty of Science report