Faculty of Commerce, Law and Management (ETDs)

Permanent URI for this communityhttps://hdl.handle.net/10539/37778

Browse

Start date: 2014End date: 2014

Search Results

Now showing 1 - 3 of 3
  • Thumbnail Image
    Item
    The effect of employee share ownership on company performance in South African mining
    (University of the Witwatersrand, Johannesburg, 2014-08) Khan, Shameegh
    This study investigates the effects of Employee Share Ownership Plans (ESOP’s) on company profitability in the South African mining industry for companies listed on the Johannesburg Stock Exchange (JSE). The South African mining industry has been in the global spotlight since the Marikana miners’ strike of 2012 and the subsequent killing of 34 people on 16 August 2012. ESOP’s can be used to stabilize the sector by alleviating some of the tension that is present between workers, shareholders, management and government. This research uses the same measurement as Spiess and Affleck-Graves (1995), who measure share price performance as a cumulative average of returns (CAAR) over a five year period. Regression analysis is used to test for correlations and descriptive statistics is used to explain findings (Spiess & Affleck-Graves, 1995). The difference between companies that do not have ESOP’s in place is negative for (CAAR) compared to those who have an ESOP in place. This is consistent with the theory and findings of studies such as Robinson and Zhang (2005). It has been applied to the South African context within the JSE listed mining sector. The theory that ESOP’s will improve profitability of a company listed on the JSE within South African mining has been found to be statistically significant. ESOP’s can help improve cumulative profits and help transform the industry through share ownership of workers which will help decrease the gap between CEO’s remunerations and the lowest paid workers.
  • Thumbnail Image
    Item
    Human Resources Development at Tumela Mine
    (University of the Witwatersrand, Johannesburg, 2014-01-21) Mphahlele, Matuku
    In the context of the South African mining and mineral sector this study explores the human resource development measures to transform mentoring programmes at Tumela Mine. Despite the legislative stipulations that seek to promote equitable access to participation in the creation, development and sharing of the South African economy and natural resources through the establishment of a workplace environment conducive for learning to take place, little is known on how Tumela Mine implements mentoring programmes to foster effective human resource development. The study explored and analysed participants’ perceptions regarding the implementation of the Tumela Mine Mentoring Programme. The research was conducted through the use of a case study approach, and primary data was collected from respondents, and secondary data was gathered from relevant policies, minutes of meetings and company annual reports. The research questioned the successful aspects in the Human Resource Development unit, challenges and management’s responses to impediments to the implementation of mentoring programmes at Tumela Mine. The findings indicate that two key issues to improve implementation of mentoring programmes at the Tumela Mine are a transformational style of management and strategic repositioning of the mentoring programmes. The research argues that although company corporate strategic policy formulation and planning seek to promote equal participation of all employees in mentoring relationships, programme interventions at an operational level make it difficult to promote mentoring programmes. The key recommendation is that in order to implement effective mentoring programmes the company should review the corporate business strategy focused on strategic repositioning of mentoring programmes and inspire visionary leadership to implement a transformational style of management.
  • Thumbnail Image
    Item
    Human Resources Development at Tumela Mine
    (University of the Witwatersrand, Johannesburg, 2014-01-21) Mphahlele, Matuku
    In the context of the South African mining and mineral sector this study explores the human resource development measures to transform mentoring programmes at Tumela Mine. Despite the legislative stipulations that seek to promote equitable access to participation in the creation, development and sharing of the South African economy and natural resources through the establishment of a workplace environment conducive for learning to take place, little is known on how Tumela Mine implements mentoring programmes to foster effective human resource development. The study explored and analysed participants’ perceptions regarding the implementation of the Tumela Mine Mentoring Programme. The research was conducted through the use of a case study approach, and primary data was collected from respondents, and secondary data was gathered from relevant policies, minutes of meetings and company annual reports. The research questioned the successful aspects in the Human Resource Development unit, challenges and management’s responses to impediments to the implementation of mentoring programmes at Tumela Mine. The findings indicate that two key issues to improve implementation of mentoring programmes at the Tumela Mine are a transformational style of management and strategic repositioning of the mentoring programmes. The research argues that although company corporate strategic policy formulation and planning seek to promote equal participation of all employees in mentoring relationships, programme interventions at an operational level make it difficult to promote mentoring programmes. The key recommendation is that in order to implement effective mentoring programmes the company should review the corporate business strategy focused on strategic repositioning of mentoring programmes and inspire visionary leadership to implement a transformational style of management.