THE IMPLICATIONS OF CAPITAL STRUCTURE THEORY AND REGULATION FOR SOUTH AFRICAN BANKING INSTITUTIONS By WESLEY NAIDU Submitted in partial fulfillment of the requirements for the degree MAGISTER COMMERCII in FINANCIAL MANAGEMENT SCIENCES In the FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES At the UNIVERSITY OF PRETORIA SUPERVISOR: Prof. JOHANNES HvH DE WET November 2011 -i- ABSTRACT The topic of capital structure has been one that has plagued the academic world for a number of years
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A review of capital structure theories 1.0 Introduction One of the most contentious financial issues that have provoked intense academic research during the last decades is the theory of capital structure. Capital structure can be defined as a ’Mix of different securities issued by a firm’ (Brealey and Myers‚ 2003). Simply speaking‚ capital structure mainly contains two elements‚ debt and equity. In 1958‚ through combining tax and debt factors in a simple model to price the value of a company‚
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organisational structure 1. Hierachial structure 2. Flat structure The main hieranchial structure has many layers of management and at times this can cause information to be lost or changed while passing to one person to another. This type of structure is like a wise based triangle and every person in it has a line manager who is responsible for the work done by him‚ this makes communication slow and getting things done takes a great deal of effort‚ modern companies use a flatter structure where
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Market Structures Objectives: To define market and market structures To describe the differences of the different market structures Market We usually think of a market as a place where some sort of exchange occurs; however‚ a market is not really a place at all. A market is the process of exchanging goods and services between buyers and sellers. Ruffin & Gregory (1997) defines a market as an established management that brings buyers and sellers together to exchange particular goods and
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social identity What are Teams? “Teams are groups of two or more people who interact and influence each other‚ are mutually accountable for achieving common objectives‚ and perceive themselves as a social entity within an organization. ” McShane and Travaglione (2007‚ p.266) Types of Teams ➢ departmental teams ➢ production/service teams ➢ self-directed work teams ➢ advisory teams ➢ task force (project teams) ➢ skunkworks ➢ temporary work
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Social Structure a term loosely applied to any recurring pattern of social behaviour‚ or‚ more specifically‚ to ordered interrelationships between different elements of a society. Social structure comprises different kinship‚ religious‚ economic‚ political and other institutions as well as of norms‚ values and social roles of the members of a society. The development of the social structure in any society is historically conditioned. The social structure of Bangladesh‚ therefore‚ needs to be analysed
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and developments of an event organization. Event managers must be knowledgeable of these strategies before they begin to plan a fundraising event. The strategy must coordinate with the fundraising event. Fundraising strategies identify financial expectations‚ outline activities‚ reveal time constraints and needed resources to meet financial goals. In order to have the best results in meeting the financial goal and adding the eventual growth and success of the organization it is best to implement multiple
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Ethics in Organization By Disa Makadia Ethical Issues n Frustratio Past Experiences Illegal Business Practice Employer leaving during work time (happened twice) Frustration Depending on other employees for every small things. No team work involved Employee Behavior Employee spending work time doing personal work. Handling my ethical experiences Discussed with colleague about the situation to receive feedback Suggestion: inform the manager Didn’t informed
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CHAPTER 3: CRYSTAL STRUCTURES & PROPERTIES ISSUES TO ADDRESS... • How do atoms assemble into solid structures? (for now‚ focus on metals) • How does the density of a material depend on its structure? • When do material properties vary with the sample (i.e.‚ part) orientation? Chapter 3- 1 ENERGY AND PACKING • Non dense‚ random packing Energy typical neighbor bond length typical neighbor bond energy • Dense‚ regular packing r Energy typical neighbor bond length
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References: 1. Clegg‚ S.‚ Kornberger‚ M. and Pitsis‚ T. 2012‚ Managing & Organizations‚ Third Edition‚ SAGE Publications‚ London 2. Daft‚ R.L. 2004‚ Organization Theory and Design‚ Thomson South-Western‚ Mason OH 3. Grey‚ C. 2005‚ A Very Short‚ Fairly Interesting and Reasonably Cheap Book About Studying Organizations‚ SAGE Publications‚ London 4. Hatch‚ M.J. 2011 Organizations. A Very Short Introduction‚ Oxford University Press‚ Oxford 5. Jackson‚ D. 2009‚ “Undergraduate management
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