University of Cape Town

RESEARCH REPORT

2000

Faculty of Commerce

This report can also be found on UCT’s webpage: http://www.uct.ac.za

Editor: Ms M. Ward

CONTENTS FACULTY OF COMMERCE Dean’s Introduction 1 Department of Accounting 2

Department of Information Systems 5 Department of Statistical Sciences 10 Graduate School of Business 13 School of Economics 24 School of Management Studies 34 Actuarial Science Section of the School of Management Studies and Centre for Actuarial Research 37

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FACULTY OF COMMERCE The departmental reports comprise a full summary of research activity in the Faculty in 2000. They evidence the ongoing and strong commitment of our Faculty to the research mission of the University. As the Dean of the Faculty I am encouraged to know that, despite our large and growing numbers of students, there remains a sincere commitment to the undertaking of research and to effective dissemination through papers, books and presentations at conferences. The last year has seen the establishment of the Unilever Institute of Strategic Marketing and the Centre for Actuarial Research in the School of Management Studies. Both of these initiatives will greatly strengthen the institutional support for research within the Faculty. Once again in 2000, a large number (17) of important books have been produced by members of the Faculty. A number of these are textbooks that enjoy wide usage in South African Universities. This, together with the active involvement of our Faculty on the editorial boards of reputable journals as well as the strong demand from the public and the private sectors for presentations and research advice from our staff, reflects the high profile that the Faculty enjoys in the educational, commercial and political spheres of contemporary South Africa. The Research Units attached to the School of Economics continued to be an important source of research output. DPRU in particular had a very productive 2000; two books and a large number of papers were published in refereed journals. The GSB enjoyed another strong year in the form of published research. Special mention should also be made of Professor Nicoli Nattrass of the School of Economics. Her prolific and important work over the last decade on South African inequality and social welfare was acknowledged when she was awarded the Alan Pifer Research Award of the University of Cape Town for 2000. I will close by suggesting a few areas in which we should further strengthen our research output. First, our growing graduate numbers have resulted in an increase in the number of technical reports, long papers and theses written for higher degrees. These works are all fertile soil for the production of valuable research. The Faculty generally should aim to convert more research supervision work into research publications. A key part of our strategic research plan is to facilitate the growth of such publications. In like manner, attendance at conferences is a very effective way of remaining at the frontier of knowledge and we encourage attendance. Again the task before us is to convert conference papers into research publications at a faster and higher rate than we have been able to realise to date. Professor Brian Kantor Dean, Faculty of Commerce

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DEPARTMENT OF ACCOUNTING

ACTING HEAD OF DEPARTMENT – Associate Professor Michael Wormald DEPARTMENTAL CONTACT DETAILS Postal Address: Department of Accounting University of Cape Town Private Bag Rondebosch 7700 South Africa Telephone: SA (21) 650-2269/2294 Fax: SA (21) 689-7582 Email mwormald@commerce.uct.ac.za DEPARTMENT 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. There is a demand in both the academic and professional communities for the Technical Reports produced by the Honours students.

DEPARTMENTAL STATISTICS 2000

RESEARCH FIELDS

PERMANENT STAFF Associate Professor Derek Botha nature and role of the firm; voluntary reporting; economic analysis of legal issues Associate Professor Peter Bourne expert systems in auditing Dr Eddie Chamisa international accounting standards in developing countries Mr Richard Chivaka

PERMANENT AND LONG-TERMSTAFF Professors 3 Associate Professors 8 Senior Lecturers 9 Lecturers 12 Assistant Lecturers 7 Administrative and Clerical Staff 12 TOTAL 51

STUDENTS Doctoral 3 Masters 18 Honours 51 Postgraduate Diplomas 202 Undergraduate 3746 TOTAL 4020

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supply chain management Mr Rod Clayton audit committees Associate Professor Carlos Correia capital budgeting; cost of capital Ms Suzanne de Waal accounting for goodwill – research in accounting education Professor Geoff Everingham employee reporting; financial reporting and generally accepted accounting practice Mr Mark Graham value/growth stocks; financial analysis; corporate reporting Associate Professor Tessa Minter information risk management Mrs Jennifer Roeleveld tax source Mr Colin Smith developing transferable intellectual skills using a writing intensive project; educational and

behavioural issues in management accounting Professor Enrico Uliana productivity accounting; management accounting practices; strategic cost analysis; use of

accounting in achieving organisation objectives; cost of capital Associate Professor Alex Watson generally accepted accounting practice Associate Professor Michael Wormald value creation; financial distress and the impact of taxation on dividend policy DISTINGUISHED VISITORS Charles E Clark Penn State University, Pennsylvania Professor Surendra Agrawal University of Memphis, Tennessee

RESEARCH OUTPUTS RESEARCH PAPERS AND REFEREED ARTICLES Chamisa, E. 2000. The relevance and observance of the IASC Standards in developing countries and

the particular case of Zimbabwe. International Journal of Accounting 35(2): 267-286. Everingham, G. & Baker, S. 2000. Accounting for futures and options in terms of IASC proposals:

practitioners’ views in South Africa. SA Journal of Accounting Research 1 (14): 21-34. BOOKS Correia, C., Flynn, D., Uliana, E. & Wormald, M. 2000. Financial Management, Fourth Edition: 1-798.

Cape Town: Juta & Co Limited. Everingham, G. & Watson, A. 2000. Generally accepted accounting practice: a South African

Viewpoint (Students’ Edition): 1-689. Cape Town: Juta & Co. Everingham, G., Faul, M. & Lomax, A. 2000. Financial Accounting, Fifth Edition: 1-670. Durban:

Butterworths Limited Everingham, G., Kleyhans, J. & Posthumus, L. 2000. Introductory GAAP, Second Edition: 1-288.

Cape Town: Juta & Co Limited. Everingham, G. & Kana, S.P. 2000. Corporate Reporting, Sixth Edition: 1-346. Cape Town: Juta & Co

Limited. CONFERENCE ABSTRACTS Uliana, E. & Ogle, N. 2000. Accounting Earnings and Cash Flows as Measures of Share Performance

on the JSE. European Accounting Association Conference, Munich, Germany.

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THESES AND DISSERTATIONS PASSED FOR HIGHER DEGREES Green, B. 2000. Pursuing Shareholder Value: Comparing the Information Content of EVA and

Accounting Earnings: 1-105. M.Com. dissertation, University of Cape Town. Botha, M. 2000. An Evaluation of the Performance of Black-Influenced and Black-owned Companies

on the Johannesburg Stock Exchange: 1-144. M Com. dissertation, University of Cape Town. UNIVERSITY PUBLICATIONS AND PUBLICATIONS OF A POPULAR NATURE Everingham, G.K. 1999. Accounting for post-employment medical benefits. Accountancy and Finance

Update February 2-4. CONSULTANCY AND OTHER ACTIVITIES BASED ON EXPERTISE DEVELOPED IN RESEARCH Associate Professor Derek Botha is on: the editorial board of the South African Journal of Business

Management; the panel of assessors for the Centre for Science Development, Pretoria, in regard to applications for research funding activities.

Professors Geoff Everingham and Alex Watson and Mr Mark Graham are on the adjudication panel for the Ernst & Young/Finance Week Excellence in Financial Reporting awards.

Professor Enrico Uliana is editor of The South African Journal of Accounting Research and is on the editorial boards of Meditari and the South African Journal of Economic and Management Sciences and consults on the practical application of finance theory and on management control systems.

Associate Professor Michael Wormald is on: the editorial board of the South African Journal of Accounting Research and acted as a referee for the 2000 SAIMS conference.

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DEPARTMENT OF INFORMATION SYSTEMS HEAD OF DEPARTMENT – Assoc. Professor M.L. Hart DEPARTMENTAL CONTACT DETAILS Postal Address: Department of Information Systems University of Cape Town

Private Bag Rondebosch 7701 South Africa

Telephone: SA (21) 650-4028 Fax: SA (21) 650-2280 e-mail: ataliep@commerce.uct.ac.za DEPARTMENTAL PROFILE Research in the Department is conducted in a wide variety of topics. Both pure and applied research is carried out by staff members and post-graduate students. The technical reports and empirical research reports produced by masters and honours students are published, and there is a strong demand for them in both the academic and professional communities. Research produced covers a broad spectrum of topics in Information Systems and commerce. Research can be described under these headings: management of the information systems function, management of information systems professionals, system development approaches, management information systems, methodologies of information system development, computer supported cooperative work and electronic meeting systems, information systems and culture, electronic commerce, information systems and national development, enterprise computing, information systems in corporate strategy and knowledge management. Staff in the Department look at both technical and managerial aspects of information systems 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 and commerce.

DEPARTMENTAL STATISTICS 2000

RESEARCH FIELDS PERMANENT STAFF Mr. Irwin Brown

strategic IS Planning; IS effectiveness measures; GSS; use of systems thinking (SSM, System Dynamics) in IS work; end user application of soft operational research methodologies to IS work.

PERMANENT AND LONG TERM CONTRACT STAFF

Professors 2 Associate Professors 2 Senior Lecturers 7 Lecturers 3 Administrative and Clerical Staff

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TOTAL 18

STUDENTS

Doctoral 10 Masters 10 Honours 62 Undergraduate 2971 Postgraduate Diploma 31 TOTAL 3084

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Dr. Eric Cloete computer architectures and software; information systems management; image processing

Mr. Mike Eccles teaching educationally disadvantaged students; information systems controls and security

Mr. Jan Franken biometric applications in IS

Associate Professor Mike Hart use of information technology in retailing; management issues in information systems, perceptions of IS

Mr. Tony Hooper strategic aspects of information systems; electronic commerce; knowledge management; IT contracts; ethical issues in Information Systems

Professor Paul Licker information systems and national development; culture and information systems; group support systems; information systems personnel management; management information systems

Mr. Graham McLeod software methodologies; object orientation approaches to systems development

Ms. Jane Nash information auditing; technology acceptance

Ms. Elsje Scott object-orientated programming; methodologies efficient teaching methods for programming concepts; IS project management

Dr. Stan Shear use of the Internet in marketing and advertising; multi-media (audio & visual)

Professor Derek Smith information systems personnel mananagement; project management issues; teams

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

Mr. Jean-Paul van Belle strategic use of IS; expert systems; conceptual foundations of IS; enterprise IS architectures; conceptual modelling; business objects

Associate Professor Peter Weimann Enterprise Resource Planning (ERP) systems; business and software engineering; (ERP) systems extension into the internet

RESEARCH OUTPUTS

RESEARCH PAPERS AND REFEREED ARTICLES Licker, P., Bailey, D., Scott, A. & Stamper, B. 2000. Website Literacy Requirements: Readability and

Occulacy Measurement. South African Computer Journal November: 190-195. Smith, D.C. 2000. Success Factors for the Project Management Team. ProjectPro 10(1) February: 22-

24. Smith, D.C., van Jaarsveld, Q., Neethling, C. & Andrews, R. 2000. Diversity and Effectiveness in IS

Project Teams. South African Computer Journal 26 November: 91-96. Van Belle, J.P. & Price, B. 2000. A Proposed Framework for Evaluating Generic Enterprise Models.

South African Computer Journal 26 November: 69-76. CHAPTER IN BOOKS Eccles, M.G., Julyan, F.W., Boot, G. & Van Belle, J.P. 2000. The Principles of Business Computing.

Cape Town: Juta. Hooper, A.S.C. 2000. Public libraries and community information services in South Africa: a brief

summary of the issues. In Issak, A. Public libraries in Africa: a report and annotated bibliography: 153-163. Oxford, International Network for the Availibility of Scientific Publications (INASP).

Stander, A. (ed.) 2000. SACLA Conference (South African Computer Lecturers Association): 239-244. Van Belle, J.P. 2000. The Interactive Science Dictionary. A CD-ROM reference work for students and

trainees in science. Cape Town: Infosource cc.

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BOOKS Smith, D.C. & Stander, A. 2000. Data Communications: A Business Perspective: 1-260. Cape Town:

Department of Information Systems, University of Cape Town. PUBLISHED CONFERENCE PROCEEDINGS Cloete, E. 2000. A New Class of Non-linear 2D Smoothers for Digital Image Processing. Pattern

Recognition Association (PRASA2000), Johannesburg, 81-85. Hart, M.L. 2000. What Information Systems management topics should we teach? Proceedings of the

Annual Conference of the South African Computer Lecturers Association (SACLA 2000), Cape Town, 96-104.

Hooper, A.S.C. 2000. Management issues of the virtual library. Paper presented to the Symposium Virtual campus, virtual libraries: Dancing with the devil. University of Stellenbosch, available at http://www.sun.ac.za/library/Sym2000/Default.htm.

Licker, P. 2000. Community Informatics in Developing Countries. Keynote Address. Get Smart Conference on Community Informatics, Rockhampton, Australia.

Licker, P., Bailey, D., Scott, A. & Stamper, B. 2000. Website Literacy Requirements: Readability and Occulacy Measurement. Proceedings, South African Institute of Computer Scientists and Information Technologists, Cape Town, 190-195.

Licker, P. 2000. Will E-Commerce Marginalise South Africans? Proceedings, South African Institute of Computer Scientists and Information Technologists, Cape Town, electronic publication.

Licker, P. 2000. Distance Education in an Information Systems Doctoral Program: TeleAssociation at UCT. Proceedings, South African Computer Lecturers Association 2000 Conference, Strand, South Africa, 126-134.

Licker, P. 2000. New Business Models for E-Commerce. Panel Presentation, Proceedings, First Annual Global Information Technology Management Conference, Memphis, USA, 280-281.

Licker, P. & Motts, N. 2000. Extending the Benefits of E-Commerce in Africa: Exploratory Phase. Proceedings, First Annual Global Information Technology Management Conference, Memphis.

Licker, P. 2000. A Venture Capital Website for South African Small and Micro Enterprises: A Match Made in South Africa. Proceedings, IFIPS Working Group 9.4 (Social Implications of Computing in Developing Countries) Annual Conference, Cape Town.

McLeod, G. 2000. Beyond Use Cases. Proceedings of 5th International Workshop on Evaluation of Modeling Methods in Systems Analysis and Design, (EMMSAD ‘00) in conjunction with Conference on Advanced Information Systems Engineering, Stockholm, Sweden, (CAiSE’00), M1-16.

Nash, J., Brodner, H., Gajjar, K. & Hareb, J. 2000. Ethical Attitudes of South African IS Students. Proceedings of the 30th Conference of the South African Computer Lecturer’s Association (SACLA 2000), Strand, 92-95.

Scott, E. 2000. A Comparison of the Tabu Search and Great Deluge Methods for Graph Colouring. Proceedings of the 16th Insternational Association of Mathematics and Computer in Simulation (IMACS). World Congress on Scientific Computation, Applied Mathematics and Simulation Lausanne, Switzerland, 363.

Smith, D.C. 2000. Building Highly Effective Information Systems: An Exploratory Study. Proceedings of the Project Management Institute (PMI) Research Conference, Paris, France, 419-430.

Smith, D.C. 2000. Diversity and Effectiveness in IS Project Teams, presented to South African Institute of Computer Scientists and Information Technologists (SAICSIT) 2000 research conference in Cape Town, 91-96.

Stander, A. 2000. A View Of The Future: Using Wireless Devices As A Support Mechanism For Distance Education. Information Resources Management Association (IRMA) 2000 Conference, Anchorage, Alaska, 812-813.

Van Belle, J.P. 2000. Teaching an Information Systems Foundation Course: What Works and What Doesn't. Proceedings of the International Conference of the Academy of Information and Management Sciences, Western Carolina University, Maui, 79-83.

Van Belle, J.P. 2000. Evaluation of Selected IS Course Delivery Options on Student Performance. 30th Conference of the SA Computing Lecturers’ Association, Strand, 239-245.

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CONFERENCE ABSTRACTS McLeod, G. 2000. Zip! Becoming Seamless - An Efficient Integrated Process from Stakeholder Trigger

to Component Architecture. Tutorial at Object Technology 2000, Oxford, UK. McLeod, G. 2000. Rapid Systems Delivery with Objects, Components and Patterns - the Inspired

Method. Tutorial at Conference on Advanced Information Systems Engineering Stockholm Sweden (CAiSE*00).

Stander, A. 2000. Wireless Communications for Data Access in Developing Countries, Codata 2000 Conference, Baveno, Italy.

TECHNICAL AND RESEARCH REPORTS AVAILABLE TO ACADEMIC AND PROFESSIONAL COMMUNITIES Cloete, E., Allie, S., Hillen, G. & Solomons, W. 2000.An investigation into the virtualisation of courses at

tertiary institutions across the Western Cape. Research Report, University of Cape Town. Eccles, M., Billimore, G., Elliot, J. & Mullins, J. 2000. Laptops in the classroom. Research Report,

University of Cape Town. Eccles, M., Cook, M., Leech, D. & Westcott, P. 2000. The loyalty profiles of Fashion Africa’s

customers as precursor to Customer Relationship Management. Research Report, University of Cape Town.

Franken, J., Lorimer, D., Cheon Tin, M.N. & Singaravelloo, M. 2000. Users’ perceptions of Biometric Security. Research Report, University of Cape Town.

Hart, M.L., Dawood, I., Greenstein, R. & Natha, M. 2000. On-line trading in the retail sector. Research Report, University of Cape Town.

Hart, M.L., Mathebula, P., Onyango, A. & Sayed, Q. 2000. The human aspect of knowledge management. Research Report, University of Cape Town.

Hooper, T., Gardner, R. & Shagam, S. 2000. Standardisation of Information Systems degree Curricula in South Africa. Research Report, University of Cape Town.

Licker, P., Anderson, R., Macintosh, C. & Van Kets, A. 2000. The effects of different navigation techniques on Website readability. Research Report, University of Cape Town.

Licker, P., Hepburn, A., Laing, D. & Mentor, K. 2000. The influence of culture and time on the effectiveness of group decision support systems. Research Report, University of Cape Town.

Licker, P., Hsu, H.C., Mweemba, D. & Naidu, T. 2000. The feasibility of a venture capital website in assisting small, medium and micro enterprises. Research Report, University of Cape Town.

Mcleod, G., Peters, L.A., Pieterse, S. & Robinson, J. 2000. Comparison of user interface efficiency for knowledge browsing. Research Report, University of Cape Town.

Nash, J., Hendricks, Y., Parker, C. & Wibberley, G. 2000. Internet access for disabled students. Research Report, University of Cape Town.

Scott, E., Bush, S., Mwamuka, E. & Raimondo, A. 2000. Effective e-commerce websites – a focus on customer satisfaction. Research Report, University of Cape Town.

Shear, S., Chen, C.H., Ngwata, D. & Palte, J. 2000. The impact of business-to-consumer E-commerce on the music industry. Research Report, University of Cape Town.

Shear, S., Genevieve, J., Nash, C. & Quenet, M. 2000. An analysis of the significance of personalization and customization used on auction websites. Research Report, University of Cape Town.

Smith, D.C., Becker, M., Burns-Howell, J. & Kykriakides. 2000. IS team effectiveness factors and performance. Research Report, University of Cape Town.

Smith, D.C., Orford, J., Rosenthal, T. & Urquhart, B. 2000. Factors affecting ICT usage in South African Schools. Research Report, University of Cape Town.

Stander, A., Booley, Z., Isaacs, Z. & Rose, R. 2000. A comparison of the interface effect on the use of mobile devices. Research Report, University of Cape Town.

Stander, A., Batchelor, D., Morton, J. & Smith, C. 2000. The use of wireless devices to gain competitive advantage. Research Report, University of Cape Town.

Stander, A., Charles, L., Monodee, H. & Nurek, T. 2000. The critical success factors for mobile commerce. Research Report, University of Cape Town.

Van Belle, J.P., Roach, H., Shelly, N. & Strang, S. 2000. Gender differences in the perception and use of e-mail in South Africa. Research Report, University of Cape Town.

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UNPUBLISHED RESEARCH/TECHNICAL/POLICY DOCUMENTS Cloete, E. 2000. The Role of Digital Multimedia in Modern IS Applications. Cloete, E. 2000. The Implementation of an Intranet-Based Virtual Campus. McLeod, G. 2000. Business Domain Object Modeling Guide, 22 pages. Smith, D.C. & Walker, L. 2000. Diversity and Performance in Project Teams. Smith, D.C. & Lu, T. 2000. Implementing the Critical Chain Approach in High Technology Company. CONSULTANCY Cloete, E. Training students from the private sector in management IS behavioural disciplines (FTI

diploma) Cloete, E. Training students from the private sector in Internet related topics such as web-design, e-

commerce, etc (Pardus Consulting certificate) McLeod, G. Consultancy on methods for system delivery to software development organizations,

including Computer Configuration Holdings, AST/Abraxas, Indwe Systems, Old Mutual Bank. McLeod, G. Consultancy on architectures, strategy and program management to telecommunications

industry, including MTN; assurance industry, including Sanlam; and media industry, including Naspers.

McLeod, G. Consultancy on e-Commerce Strategy and Customer Relationship Management to assurance industry, including Metropolitan Life, and retail industry, including Clicks Organization.

McLeod, G. Consultancy on Project Management to private training institute, Faculty Training Institute.

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DEPARTMENT OF STATISTICAL SCIENCES (There is also an entry for the Department of Statistical Sciences in the Faculty of Science section of the Research Report). HEAD OF DEPARTMENT – Associate Professor Robin C van den Honert DEPARTMENTAL CONTACT DETAILS Postal address: Department of Statistical Sciences University of Cape Town Rondebosch 7701 South Africa Telephone: (SA) 21 650-3434 Fax: (SA) 21 689-7578 e-mail: sunshine@maths.uct.ac.za webpage: http://www.uct.ac.za/depts/stats/ DEPARTMENTAL PROFILE The Statistical Sciences are defined to include the traditional concept of statistics (as well as all subdisciplines, such as biostatistics, econometrics, technometrics, etc) and the newer disciples such as operations research, management science, decision analysis, quality management. The department is located in both the Faculties of Science and Commerce. The statistical sciences are the ultimate service discipline, and the department believes that the best statistical theory is motivated by data analytic problems in other disciplines. It therefore actively seeks interaction with researchers whose orientation is quantitative.

DEPARTMENTAL STATISTICS 2000

RESEARCH FIELDS

PERMANENT STAFF Professor Theodor Stewart decision analysis; bayesian analysis, resource allocation and management Professor Graham Barr joint appointment with the School of Economics; econometrics Professor Dave Bradfield financial modelling

PERMANENT AND LONG TERM CONTRACT STAFF Professors 5 Associate Professors 3 Senior Lecturers 4 Lecturers 4 Assistant Lecturers 1 Research Officers 1 Admin/Support Staff 3 Departmental Assistants 1 TOTAL 22

STUDENTS

Doctoral 10 Masters 7 Honours 16 Undergraduate 3018 TOTAL 3051

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Professor Cas Troskie multivariate regression Associate Professor Rob van den Honert Head of Department; operations research Associate Professor Trevor Wegner decision support models with applications in management Dr R Guo reliability and quality Mr T Low operations research, ‘soft’ operational research, decision analysis

DISTINGUISHED VISITORS Dr Fabio Losa Istituto di Ricerche Economiche – Universita della Svizzera Italiana, Lugano, Switerland,

MCDA, conflict analysis and resolution

RESEARCH OUTPUTS (Research outputs relevant to the Faculty of Commerce are listed here; see also departmental entry in the Faculty of Science section of the Research Report). RESEARCH PAPERS AND REFEREED ARTICLES Barr, G.D.I & Kantor, B.S. 2000. Adding Market Value to a Holding Company. South Africa Journal

of Accounting Research 14(1): 49-64. Robertson, M., Bradfield, D. & Firer, C. 2000. Identifying Misclassified SA Unit Trusts using Style

Analysis. Investment Analysis Journal 52: 11-24. Van den Honert, R.C. & Lootsma, F.A. 2000. Assesing the quality of Negotiated Proposals using the

REMBRANDT system. European Journal of Operational Research 120(1): 162-173. UNIVERSITY PUBLICATIONS AND PUBLICATIONS OF A POPULAR NATURE Bradfield, D. 2000. Do Winning Funds Remain Winners? MyWealth, November - Unit Trusts &

Wraps page www.mywealth.co.za. Bradfield, D. 2000. Does Fund Size count? MyWealth, October - Unit Trusts & Wraps page

www.mywealth.co.za. Bradfield, D. 2000. Insights on Risk: The Individual Investor and the Unit Trust Industry. MyWealth,

September - Unit Trusts & Wraps page www.mywealth.co.za. Bradfield, D. 2000. Best sit tight when markets fall around you. Saturday Argus, 22 April. Bradfield, D. 2000. Back the New. Financial Mail, 14 April: 86-87. Bradfield, D. 2000. Innovations in Fund Analysis aid Investors. Weekly Mail & Guardian, 21 January:

35. Bradfield, D. 1999. Getting Risk Right. Financial mail, 10 December: 101. Bradfield, D. 1999. Separating Luck and Skill. Financial Mail, 16 July: 86. Bradfield, D. 1999. Timing and Choice Vital for Investors. Business Day, 13 July. Bradfield, D. 1999. Which Risks are Worth Taking. Mail and Guardian, 2 October: 32. Bradfield, D. 2000. Does Age Count? MyWealth, December - Unit Trusts & Wraps page

www.mywealth.co.za Bradfield, D. 2000. Mind your p’s and Quants. Sunday Business Times, 2 July: 8. BOOKS Wegner, T.A. 2000. Quantitative Methods for Marketing Decisions (1st edition) in association with

The Institute of Marketing Management: 1-852. Cape Town: Juta & Co. PUBLISHED CONFERENCE PROCEEDINGS Malyon, B.E. & Stewart, T.J. 2000. Soft-OR and Multi-Criteria Decision Analysis for group decision

support: a case study in fisheries management. In Haines, Y. & Steuer, R. (eds) Research and practice in Multiple Criteria Decision Making: 445-457. Heidelberg, Springer.

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Van den Honert, R.C. 2000. Fair Allocations using Multicriteria Power Indices. In Haines, Y. & Steuer, R. (eds) Research and practice in Multiple Criteria Decision Making: 530-541. Heidelberg, Springer.

CONSULTANCY AND OTHER ACTIVITIES BASED ON EXPERTISE DEVELOPED IN RESEARCH Professor Theo Stewart serves on the Editorial Boards of the Journal of the Operational Research

Society, International Transactions in Operational Research, OMEGA International Journal of Management Science and the Journal of Multi-Criteria Decision Analysis.

Associate Professor Rob van den Honert is Deputy Editor of ORION, the Journal of the Operations Research Society of South Africa.

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GRADUATE SCHOOL OF BUSINESS

DIRECTOR – Professor Nick Segal DEPARTMENTAL CONTACT DETAILS Postal address: Graduate School of Business University of Cape Town Breakwater Campus Private Bag Rondebosch

7701 South Africa Telephone: SA (21) 406-1922 Fax: SA (21) 21-5510 E-mail: sburgess@gsb2.uct.ac.za DEPARTMENTAL PROFILE Research at the Graduate School of Business is multi-disciplinary across a range of fields. The department hosts three on-going contract research programmes - the Breakwater Monitor project on monitoring employment equity and human resource development, and the Manufacturing Round Table, which does research into manufacturing practices. In addition, it has a programme for research on entrepreneurship. Research in the department includes learning theory and performance, labour market flexibility, leadership competencies, innovation, manufacturing strategy, participative organisation structures, organisation culture, human resource practices, consumer behaviour and service quality. Work is undertaken in arbitrage pricing, decision making, information technology, business strategy, financial performance of securities, futures contracts and portfolio and hedging. Research collaboration with the Medical Research Council on social marketing and tobacco control is taking place. Marketing and management of technology are an important focus of study, as is management development pedagogical research.

DEPARMENTAL STATISTICS

PERMANENT AND LONG TERM CONTRACT STAFF Professors 8 Senior Lecturers 5 Lecturers 4 Research Staff 6 Technical and Support Staff 10 Administrative and Clerical Staff 20 TOTAL 53

STUDENTS Doctoral 7 Master of Business Administration (MBA)

203

Executive MBA 80 Associate in Management (AIM)

83

TOTAL 373

RESEARCH FIELDS Mr Kurt April

information technology; leadership; organisation strategy Mr Dave Bond

linguistics, and management education; pedagogical frameworks; management curriculum development; communications; negotiation and participative management discourse

Mr Angus Bowmaker-Falconer affirmative action; employment equity; human resource development; human resource information and organisational effectiveness

Ms Victoria Browning performance management; service quality and human resource practices

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Professor Steve Burgess marketing

Professor Norman Faull best manufacturing practices; operations management; manufacturing strategy

Mr Jonathan Foster-Pedley business strategy; learning theory and international business

Professor Frank Horwitz flexible work practices; labour markets; employment equity; training and development; human resource strategies; mergers and acquisitions; organisation design and development; and conflict resolution

Dr Amy Marks consumer behaviour, social marketing: tobacco control; community-based distribution of contraceptives; marketing social change

Professor Michael Morris entrepreneurship; marketing strategy; business ethics

Professor Deon Nel electronic commerce; marketing; service quality; decision-making

Professor Michael Page arbitrage pricing theory; customer defections; distribution of stock dividends; firm performance on JSE portfolio performance of unit trusts

Ms Hamieda Parker new product development; small, medium-size and micro business development

Ms Eleni Ratheb Marketing

Professor Nick Segal corporate governance; mining industry and economic development; higher education and economic development

Mr Lance Stringer information technology; e-commerce Dr Ailsa Stewart-Smith

communication; group process; language; leadership Professor Gary Stockport

strategic management; international business; entrepreneurship; science parks; ethnography; managing change

Professor Paul Sulcas information technology strategy; business strategy; and applications

Professor Rias van Wyk identifying key technologies; technology analysis forecasting; role of corporate board; management and classification of medical technologies; industrial ecology

Dr Eric Wood innovation and technology development; export strategy; manufacturing performance; new ventures; operations management

HONORARY STAFF Professor Heribert Adam

Simon Fraser University, Vancouver, Canada; business, government and society Professor Harish Jain

Mac Master University, Hamilton, Canada; employment equity Professor Mike Morris

University of Central Florida, USA; industrial marketing and entrepreneurship

RESEARCH OUTPUTS RESEARCH PAPERS AND REFEREED ARTICLES Appiah-Mfodwa, A., Horwitz, F., Kieswetter, G., King, D. & Solai, L. 2000. Flexible work practices,

productivity improvement and employment. Society in Transition 31(2): 1-16. April, K. 2000. Digital Market Places can Transform by Side – E-Commerce in SA. Journal of

Convergence 1(2): 129.

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April, K. 2000. A Stitch in E-Time – SA Trails the World. Journal of Convergence 1(2): 133. April, K. & Hill, S. 2000. The Uncertainty and Ambiguity of Leadership in the 21st Century, SA

Journal of Business Management 31(2): 45-52. April, K. 2000. From Divide and Control to Collaboration and Understanding. Journal of Convergence

1(1): 142-143. Horwitz, F.M., Allan, C., Brosnan, P. & Walsh, P. 2000. Flexible work practices: perspectives from the

Southern hemisphere. South African Journal of Business Management June 31(2): 76-83. Koelble, T. 2000. The Landscapes of Globalisation. Africa Insight January 29(3-4): 56-63. Marks, A., Hofmeyr, J. & Ratheb, E. 2000. Application of the Conversion Model to Analysis of the

Determinants of Black South African Women’s Smoking Lifestyles. Social Marketing Quarterly VI (3): 29-34.

Parker, H. 2000. Interfirm collaboration and the new product development process. Industrial Management and Data Systems 100 (6): 255-261.

Stockport, G. 2000. Developing Skills in Strategic Transformation. European Journal of Innovation Management 3 (1): 45-52.

BOOKS April, K. 2000. The Knowledge Management Handbook. Halfway House: Kagiso. April, K. & Cradock, S. 2000. e or b e@ten: E-Business Redefining the Corporate Landscape in South

Africa. Durban: Butterworths Business Publishing (Pty) Ltd. April, K., Macdonald, R. & Vriesendorp, S. 2000. Rethinking Leadership. Kenwyn, Cape Town:

University of Cape Town Press. Crepaz, M., Koelble, T. & Wilsford, D. (eds) 2000. Democracy and Institutions: The Lifework of

Arend Lijphart. Ann Arbor: Michigan University Press. James, W. & van de Vijver, L. 2000. After the TRC: reflections on truth and reconciliation in South

Africa: 1-228. Cape Town & Athens: David Phillip Publishers and Ohio State University Press. CHAPTERS IN BOOKS Cosh, A., Hughes, A. & Wood, E. 2000. Innovation in the UK SMEs: Causes and Consequences for

firm failure and acquisition. In Acs, Z., Carlsson, B. & Karlsson, C. (eds) Entrepreneurship, Small & Medium-Sized Enterprises and the Macroeconomy: 329-366. New York: Cambridge University Press.

Horwitz, F.M. 2000. Management in South Africa. In Warner, M. (ed.) Management in Emerging Countries: 214-220. London: International Thompson.

Horwitz, F.M. 2000. Preface. The Best Companies to work for in South Africa: viii-xi. Cape Town: Corporate Research Foundation, Zebra Press.

Hughes, A. & Wood, E. 2000. Rethinking innovation comparisons between manufacturing and services: the experience of the CBR SME surveys in the UK. In Metcalf, J. & Miles, I. (eds) Innovation Systems in the Service Economy: Measurement and Case Study Analysis: 105-124. Kluwer Academic Publishers, Economics of Science, Technology and Innovation.

James, W. & Lever, J. 2000. The Second Republic – Race, Inequality and Democracy in South Africa. In Beyond Racism: Three Nations at a Crossroads: 43-59. Atlanta: Southern Education Foundation.

James, W. & Lever, J. 2000. The Second Republic. In James, W. & van de Vijver (eds) After the TRC: Reflections on Truth and Reconciliation in South Africa: 191-200. Cape Town and Athens, David Philip Publishers and Ohio Sate University Press.

Koelble, T. 2000. The new South African Constitution: a case of consensus democracy? In Crepaz, M., Koelble, T. & Wilsford, D. (eds) Democracy and Institutions: The Lifework of Arend Lijphart. Ann Arbor: Michigan University Press.

Stockport, G. 2000. Amazon.com and BHP Case Studies. In Johnson, G. & Scholes, K. Exploring Corporate Strategy – Text and Cases. London: Prentice Hall.

PUBLISHED CONFERENCE PROCEEDINGS April, K. 2000. Guidelines for management education in South Africa. Paper resented to 2nd Annual

International Conference for Connected Learning and Critique, Cambridge University, 1-22. Horwitz, F.M., Jain, H. & Steenkamp, A. 2000. Pay discrimination in South Africa: overcoming the

apartheid legacy. Invited paper World Congress of the International Industrial Relations

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Association, Tokyo Japan, 1-18. Also in proceedings of the Annual conference of the Industrial Relations Association of South Africa (IRASA), Cape Town, 1-17.

Parker, H. 2000. Successful Alliance Formation in Entrepreneurial Technology Firms: Its Management and Consequences. Twenty-Third ISBA National Small Firms Policy and Research Conference, Aberdeen: United Kingdom, 1-20.

Segal, N.S. 2000. Restructuring and refocusing organisations for effective change: strategies from the private sector and higher education in partnership. Paper presented at a seminar on Leadership and Industrial Change in Higher Education, Cape Town, 49-60.

Wood, E. 2000. Aligning innovation for dynamic capabilities and sustainable growth in South African manufacturing, paper presented at “FORUM 2000: Paths to Growth & Employment in South Africa”, Glenburn Lodge, Gauteng, South Africa, 1-34.

UNIVERSITY PUBLICATIONS AND PUBLICATIONS OF A POPULAR NATURE Horwitz, F.M. 2000. Aligning business strategy, people and work process. People Dynamics 18(9): 48-

49. Horwitz, F.M., Hellman, F. & Salig, V. 2000. A flexible gamble: turning Sun City around. Graduate

School of Business, University of Cape Town, Case Study: 1-28. Horwitz, F.M. & Brown, K. 2000. Change Management at South African Nylon Spinners. Graduate

School of Business, University of Cape Town, Case Study: 1-20. James, W. 2000. Values, Education and Democracy: Report of the Working Group on Values in

Education. Cape Town, Department of Education: 1-54 Segal, N.S. 2000. Business Schools in a developing economy. Inaugural Lecture Series 218, University

of Cape Town, 1-16. Stockport, G. & Street, D. 2000. Amazon.com: From startup to the New Millennium, 300-014-1,

European Case Clearing House: 1-38. Stockport, G. & Street, D. 2000. Teaching note - Amazon.com: From startup to the New Millennium,

300-014-8, European Case Clearing House: 1-18. Stockport, G. & Norvall, G. 2000. Broken Hill Properties (BHP) Company Limited: Turnaround

Strategy, 300-025-1, European Case Clearing House: 1-28. Stockport, G. & Norvall, G. 2000. Teaching note - Broken Hill Properties (BHP) Company Limited:

Turnaround Strategy, 300-025-8, European Case Clearing House: 1-15. Stockport, G. & Wibberley, S. 2000. Thawte Consulting (Pty) Ltd: Becoming a Global Player in the

Digital Certificate Industry 1995-1999, 300-012-1, European Clearing House: 1-37. Stockport, G. & Wibberley, S. 2000. Teaching note - Thawte Consulting (Pty) Ltd: Becoming a Global

Player in the Digital Certificate Industry 1995-1999, 300-012-8, European Clearing House: 1-25.

Stockport, G. & Sands, J. 2000. Drkoop.com: Competitive Positioning in the American E-Health Sector, 300-013-1, European Case Clearing House: 1-34.

Stockport, G. & Sands, J. 2000. Teaching note - Drkoop.com: Competitive Positioning in the American E-Health Sector, 300-013-8, European Case Clearing House: 1-19.

Stockport, G. 2000. The Art of Strategic Transformation – University of Cape Town Inaugural Lecture, New Series, 219: 1-11.

Wood, E. 2000. Managing Innovation at Ziton SA (Pty) Ltd, MBA Case Study, Graduate School of Business, University of Cape Town: 1-16.

Wood, E. 2000. Ogee (Pty) Ltd 2000. MBA Case Study, Graduate School of Business, University of Cape Town: 1-10.

UNPUBLISHED RESEARCH/TECHNICAL/POLICY DOCUMENTS Segal, N.S. & Malherbe, S. 2000. A perspective on the South African mining industry in the 21st

Century. Chamber of Mines: 1-80. Segal, N.S. & Malherbe, S. 2000. Corporate Governance in South Africa. OECD Case Study on

Corporate Governance in Developing Countries and Emerging Economies: 1-50. THESES AND DISSERTATIONS PASSED FOR HIGHER DEGREES Abrahams, S. 2000. The Role of Integrated Marketing Communications in Outreach and fundraising at

Chabab House Johannesburg. Graduate School of Business, University of Cape Town.

17

Allardice, S. 2000. Discovery Holdings: Using Internet Technology to Dazzle the Customer. Graduate School of Business, University of Cape Town.

Allen, W. 2000. Comparative tracking of the unfolding market and technology shaping Mobile Commerce in Europe and South Africa. Graduate School of Business, University of Cape Town.

Anderssen, K. 2000. The Effects of Mergers on Organisational Culture. Graduate School of Business, University of Cape Town.

Atchia, S. 2000. Prediction criteria for e-Venture failures with specific reference to South Africa. Graduate School of Business, University of Cape Town.

Barendse, A. 2000. Telkom SA (Pty) Limited: Applying a resource based strategic framework to assist Telkom attain competitive advantage sustainability in a fully competitive market. Graduate School of Business, University of Cape Town.

Barnard, J. 2000. Investigating a Methodological Approach to Change Management in a Retail Organisation. Graduate School of Business, University of Cape Town.

Barry, P. 2000. Strategy implementation in manufacturing operations: An investigation into the existence and operation of the shadow (or ghost) organisation for improving business operations. Graduate School of Business, University of Cape Town.

Beart, C. 2000. Project “VUKA” effective channel marketing by South African Breweries Beer Division in the emerging market economy. Graduate School of Business, University of Cape Town.

Bellairs, G. 2000. Key factors for export success in the South African Medical Device Industry: a comparative study. Graduate School of Business, University of Cape Town.

Bhargava, A. 2000. Tactical Asset Allocation. Graduate School of Business, University of Cape Town. Blyth, S. 2000. Share Buybacks: A study of their effect on value for shareholders in South Africa.

Graduate School of Business, University of Cape Town Bose, F. 2000. Cross-Sectional Patterns of South African Unit Trust Fund Managers – Are some better

than others? Graduate School of Business, University of Cape Town. Botes, N. 2000. Reintermediating the Value Chain: Evaluating “Cybermediaries” as a E-Commerce

Business Strategy for the South African Tourism Industry. Graduate School of Business, University of Cape Town.

Botha, T. 2000. Strategic Evaluation of the Global and the South African Tobacco industries. Graduate School of Business, University of Cape Town.

Bowers, M. 2000. Options Valuation of Flexible and Strategic Investments: SO2 Emission Reduction for a Petroleum Refinery. Graduate School of Business, University of Cape Town.

Bramwell, C. 2000. Ernst & Young: Evaluation of a Knowledge Management Imitative at Old Mutual Internal Audit. Graduate School of Business, University of Cape Town.

Braz, E. 2000. Old Mutual: delivering on the promise of CRM benefits at Old Mutual Direct and Individual Life. Graduate School of Business, University of Cape Town.

Breitenbach, P. 2000. Key factors for export success in the South African Medical Device Industry: A comparative study. Graduate School of Business, University of Cape Town.

Brennan, C. 2000. Children of Women entrepreneurs in the Western Cape: Factors impacting on attitudes towards entrepreneurship and subsequent career choices. Graduate School of Business, University of Cape Town.

Breyer, Z. 2000. Celera Genomics: Commercial Genomics and its impact on the Biotechnology Industry. Graduate School of Business, University of Cape Town.

Bronn, A. 2000. Franchised Restaurant Companies – The pitfalls facing such companies that list on the Johannesburg Stock Exchange. Graduate School of Business, University of Cape Town.

Brown, D. 2000. Nando’s Chickenland and Starbucks Coffee Company: A study of the Key Success Factors of global expansion strategies in service based organizations. Graduate School of Business, University of Cape Town.

Bryant, M. 2000. Cross-Sectional Patterns of South African Unit Trust Fund Managers – Are some better than others? Graduate School of Business, University of Cape Town.

Buthelezi, H. 2000. Predicting financial distress in the life assurance environment using a synthesis of quantative and qualitative models. Graduate School of Business, University of Cape Town.

Buthelezi, H-Girl (FT). 2000. Southern Life Association Ltd: Predicting financial distress using a synthesis of quantitative and qualitative models. Graduate School of Business, University of Cape Town.

Capper, W. 2000. Key factors for export success in the South African Medical Device Industry: a comparative study. Graduate School of Business, University of Cape Town.

Carrol, K. 2000. Strategic Evaluation of the Global and the South African Tobacco industries. Graduate School of Business, University of Cape Town.

18

Carroll, A. 2000. Measuring the alignment between Business Strategy and IS Strategy: An explorative study that incorporates the impact of e-commerce on a popular Alignment instrument. The exploration includes and intra-organisational pilot study of the amended instrument at Vodacom. Graduate School of Business, University of Cape Town.

Carrot, S. 2000. Prospects for the New Entrants in SA Telecommunications: A comparative international study of Fixed-line Telecommunications Deregulation. Graduate School of Business, University of Cape Town.

Castaldo, S. 2000. An analysis of dominant strategic management models and an assessment of their adoption in current management practice. Graduate School of Business, University of Cape Town.

Chibambo, O. 2000. Human Capital: A study of management of knowledge workers in South African oil companies. Graduate School of Business, University of Cape Town.

Conradie, M. 2000. A Stakeholder Analysis of the m-commerce industry in south Africa assessing alternative scenarios leading up to 2004. Graduate School of Business, University of Cape Town.

Cotterrell, E. 2000. B2B Market Exchanges: An analysis of their impact on the South African clothing retail industry. Graduate School of Business, University of Cape Town.

Cowdry, J. 2000. Nando’s Chickenland and Starbucks Coffee Company: A study of the Key Success Factors of global expansion strategies in service based organizations. Graduate School of Business, University of Cape Town.

Cowie, A. 2000. The Turnabout of South African Airways: 1998-2000. Graduate School of Business, University of Cape Town.

Cresswell, F. 2000. Identifying the Current ‘Bricks and Clicks’ Strategic Options Adopted by South African Companies. Graduate School of Business, University of Cape Town.

Cronje, N. 2000. Customer Loyalty Programmes: Developing a framework to guide the choice of a customer loyalty programme within defined strategic contexts. Graduate School of Business, University of Cape Town.

Daniels, M. 2000. Market Value and Investment to EBITDA as Explanatory Variables for Excess Return of JSE Common Stocks. Graduate School of Business, University of Cape Town.

Devir, A. 2000. Incorporating a production flow line in a Volkswagen/Audi motor franchise service department in order to increase production efficiency and quality. Graduate School of Business, University of Cape Town.

Dillon, C. 2000. The construction of Free Float Stock Market Indexes. Graduate School of Business, University of Cape Town.

Dingley, R. 2000. What makes some South African firms successful exporters? A study based on the Global Manufacturing Futures survey, 1992-1998. Graduate School of Business, University of Cape Town.

Dockel, A. 2000. The market value added to a company through the appointment of a non-executive director to its Board: an event study. Graduate School of Business, University of Cape Town.

Dockrat, I. 2000. The Turnabout of South African Airways: 1998-2000. Graduate School of Business, University of Cape Town.

Driver, A. 2000. What makes some South African firms successful exporters? A study based on the Global Manufacturing Futures survey, 1992-1998. Graduate School of Business, University of Cape Town.

Du Plessis, W. 2000. Comparative tracking of the unfolding market and technology shaping Mobile Commerce in Europe and South Africa. Graduate School of Business, University of Cape Town.

Duffin, J. 2000. B2B Market Exchanges: An analysis of their impact on the South African clothing retail industry. Graduate School of Business, University of Cape Town.

Duigan, R. 2000. Lurgi South Africa (Pty) Limited: The implementation of 3-D CAD, and its effect on project management. Graduate School of Business, University of Cape Town.

Eshun, J. 2000. Portnet and the Port of Cape Town: Divisionalisation at Portnet-Port of Cape Town: An analysis of the Implementation Strategy. Graduate School of Business, University of Cape Town.

Evans, D. 2000. The retail supply chain: A case study on the implementation and operation of a retail supply chain management system. Graduate School of Business, University of Cape Town.

Flude, L. 2000. Ernst & Young: Evaluation of a Knowledge Management Initiative at Old Mutual Internal Audit. Graduate School of Business, University of Cape Town.

Frank, C. 2000. The Western Cape on Violence against women: Seeking a “best practice” change management framework for community-based organizations in South Africa. Graduate School of Business, University of Cape Town.

19

Freemantle, A. 2000. Wal-Mart, Inc: Going Global. Graduate School of Business, University of Cape Town.

Fulton, A. 2000. Portnet and the Port of Cape Town: Divisionalisation at Portnet-Port of Cape Town: An analysis of the Implementation Strategy. Graduate School of Business, University of Cape Town.

Gaus, B. 2000. Customer Loyalty Programmes: Developing a framework to guide the choice of a customer loyalty programme within defined strategic contexts. Graduate School of Business, University of Cape Town.

Geffen, B. 2000. An investigation into the applicability and effectiveness of principle-centered leadership, servant leadership and spirituality in the workforce in current business practices in south Africa and the environmental factors that have contributed to their adoption. Graduate School of Business, University of Cape Town.

Gemmill, M. 2000. South African Breweries plc: JSE to the LSE: The Road to International Capital. Graduate School of Business, University of Cape Town.

Glaser, M. 2000. IT Outsourcing: Organisational implications. Graduate School of Business, University of Cape Town.

Good, W. 2000. Franchised Restaurant Companies – The pitfalls facing such companies that list on the Johannesburg Stock Exchange. Graduate School of Business, University of Cape Town.

Gordon, D. 2000. Telkom SA (Pty) Limited: Applying a resource based strategic framework to assist Telkom attain competitive advantage sustainability in a fully competitive market. Graduate School of Business, University of Cape Town.

Griffiths, G. 2000. The market value added to a company through the appointment of a non-executive director to its Board: an event study (submitted 17/10/00). Graduate School of Business, University of Cape Town.

Grobbelaar, P. 2000. Price Impacts of Large Trades of the Johannesburg Stock Exchange. Graduate School of Business, University of Cape Town.

Groves, C. 2000. Predicting financial distress in the life assurance environment using a synthesis of quantative and qualitative models. Graduate School of Business, University of Cape Town.

Groves, C. 2000. Southern Life Association Ltd: Predicting financial distress using a synthesis of quantitative and qualitative models. Graduate School of Business, University of Cape Town.

Gwatidzo, P. 2000. TA Holdings PVT LTD: Zimbabwe: TA Holdings: exploring the process of acquiring companies and implementing strategy and change after an acquisition. Graduate School of Business, University of Cape Town.

Gwebu, I. 2000. A Values-based Perspective on Entrepreneurship: The Case of Successful Black Urban South African Entrepreneurs. Graduate School of Business, University of Cape Town.

Hamilton, D. 2000. The retail supply chain: A case study on the implementation and operation of retail supply chain management system. Graduate School of Business, University of Cape Town.

Harvey, G. 2000. Traditional accounting measures as indicators of company value: a statistical analysis. Graduate School of Business, University of Cape Town.

Hendry, I. 2000. Cape Advanced Vehicles (CAV): Starting up for the Global Market – a unique opportunity. Graduate School of Business, University of Cape Town.

Heurlin, L. 2000. Factor inhibiting supply chain collaboration in selected South African Companies. Graduate School of Business, University of Cape Town.

Hill, T. 2000. Hansie Cronje – Fallen Idol – A study of the Hansie Cronje case and its relevance to Business Ethics. Graduate School of Business, University of Cape Town.

Hochmuth, F. 2000. Electric utility regulation and its effectiveness in meeting social, political and macro-economic objectives. Graduate School of Business, University of Cape Town.

Hunter, S. 2000. Customer Loyalty Programmes: Developing a framework to guide the choice of a customer loyalty programme within defined strategic contexts. Graduate School of Business, University of Cape Town.

Illgner, G. 2000. An investigation into whether South Africa possesses sustainable competitive advantage within the global automotive engineering industry. Graduate School of Business, University of Cape Town.

Jacobs, E. 2000. CCAfrica: The key drivers leading to Conservation Corporation’s merger with Afro Ventures. Graduate School of Business, University of Cape Town.

Johnsson, K. 2000. Soothsaying with insight: Development of a scale to assess Asset Management Firms on Non-Financial Measures. Graduate School of Business, University of Cape Town.

Jordaan, D. 2000. Subcontracting and Collective Bargaining: An investigation into trends towards subcontracting and informalisation/casualisation and the viability of centralized bargaining councils. Graduate School of Business, University of Cape Town.

20

Kahn, T. 2000. Social Marketing and HIV/AIDS: Management Issues in Taking a Pilot Programme to Scale. Graduate School of Business, University of Cape Town.

Kailasanathan, T.K. 2000. Creation of an index to measure entrepreneurial performance in South Africa SMME’s – The GSB/Liberty EPI 500. Graduate School of Business, University of Cape Town.

Kennedy, K. 2000. An analysis of dominant strategic management models and an assessment of their adoption in current management practice. Graduate School of Business, University of Cape Town.

Kennelly, V. 2000. An Analysis of the Labour Brokerage and Independent Contractor Industry in South Africa. Graduate School of Business, University of Cape Town.

Khan, F. 2000. Prospects for the New Entrants in SA Telecommunications: A comparative international study of Fixed-line Telecommunications Deregulation. Graduate School of Business, University of Cape Town.

Killick, M. 2000. Cisco Systems Inc: Growth through Acquisitions Strategy. Graduate School of Business, University of Cape Town.

Kralik, F. 2000. Old Mutual: delivering on the promise of CRM benefits at Old Mutual Direct and Individual Life. Graduate School of Business, University of Cape Town.

Kraus, C. 2000. De Beers Consolidated Mines Limited. Graduate School of Business, University of Cape Town.

Kukard, J. 2000. Best practice people management for competitive advantage with electronic commerce business. Graduate School of Business, University of Cape Town.

Kunnath, G. 2000. boo.com – a dot-com failure. Graduate School of Business, University of Cape Town.

Kupe, S. 2000. Privatisation of South Afican Airways: An evaluation of the impact on stakeholders. Graduate School of Business, University of Cape Town.

Levin, J. 2000. m-Commerce: An analysis of a South African scenario from the perspective of the mobile operators 1999-2004. Graduate School of Business, University of Cape Town.

Lewis, G. 2000. Critical success factors for South African Online Internet Securities trading firms. Graduate School of Business, University of Cape Town.

Linder, M. 2000. Hansie Cronje – Fallen Idol – A study of the Hansie Cronje case and its relevance to Business Ethics. Graduate School of Business, University of Cape Town.

Maccelari, A. 2000. Traditional accounting measures as indicators of company value: a statistical analysis. Graduate School of Business, University of Cape Town.

Macfarlane, P. 2000. A Stakeholder Analysis of the m-commerce industry in South Africa assessing alternative scenarios leading up to 2004. Graduate School of Business, University of Cape Town.

Magadla, N. 2000. Estimation of the Black Scholes implied volatility term structure of Equity Warrants listed on the JSE: A comparison of volatility measures. Graduate School of Business, University of Cape Town.

Mamathuba, C. 2000. Options Valuation of Flexible and Strategic Investments: SO2 Emission Reduction for a Petroleum Refinery. Graduate School of Business, University of Cape Town.

Martin, P. 2000. An analysis of the role of institutional investors in the South African Venture Capital industry. Graduate School of Business, University of Cape Town.

Matroos, C. 2000. Share Buybacks: A study of their effect on value for shareholders in South Africa. Graduate School of Business, University of Cape Town.

Mazhande, S. 2000. A comparative study of the deregulation of the Kenyan retail oil industry: Lessons for South Africa. Graduate School of Business, University of Cape Town.

Mckeown, C. 2000. Soothsaying with insight: Development of a scale to assess Asset Management Firms on Non-Financial Measures. Graduate School of Business, University of Cape Town.

Michau, H. 2000. Financial intermediaries in South Africa – Critical Success Factors. Graduate School of Business, University of Cape Town.

Milanesi, I. 2000. An investigation into the use of Information Technology in attracting and retaining loyal customers in the South African retail sector. Graduate School of Business, University of Cape Town.

Mosoeunyane, K. 2000. The Perceived Effects of Mergers and Acquisitions on Corporate Culture. Graduate School of Business, University of Cape Town.

Motsopa, I. 2000. Cape Advanced Vehicles (CAV): Starting up for the Global Market – a unique opportunity. Graduate School of Business, University of Cape Town.

Mseleku, W. 2000. Human Capital: A study of management of knowledge workers by South African oil companies. Graduate School of Business, University of Cape Town.

21

Mthupa, V. 2000. The Equity Premium: A comparison of realised and expected Gordon growth model risk premium on the JSE Allshare Index. Graduate School of Business, University of Cape Town.

Mtwalo, M. 2000. Financial intermediaries in South Africa – Critical Success Factors. Graduate School of Business, University of Cape Town.

Mulder, W. 2000. DoCoMo’s I-mode: Strategies for success. Graduate School of Business, University of Cape Town.

Mupita, R. 2000. Measuring the alignment between business processes and business strategy: an intra-organisational study – Old Mutual Individual Life. Graduate School of Business, University of Cape Town.

Murray, C. 2000. Investigating a Methodological Approach to Change Management in a Retail Organisation. Graduate School of Business, University of Cape Town.

Naude, D. 2000. A framework for evaluating new product opportunities in the aluminium rolled products industry ensuring synergy between company strategy, marketing and manufacturing capabilities. Graduate School of Business, University of Cape Town.

Newcomb, G. 2000. Reintermediating the Value Chain: Evaluating “Cybermediaries” as a E-Commerce Business Strategy for the South African Tourism Industry. Graduate School of Business, University of Cape Town.

Ngcwembe, K. 2000. Human Capital: A study of management of knowledge workers in South African oil companies. Graduate School of Business, University of Cape Town.

Niehaus, C. 2000. Critical success factors for South African Online Internet Securities trading firms. Graduate School of Business, University of Cape Town.

Njua, A. 2000. Assessing the different strategies of the advertising industry based in the Western Cape. Graduate School of Business, University of Cape Town.

Norton, A. 2000. Market Value and Investment to EBITDA as Explanatory Variables for Excess Return of JSE Common Stocks. Graduate School of Business, University of Cape Town.

Nyberg, J. 2000. Tactical Asset Allocation. Graduate School of Business, University of Cape Town. Okupe, A. 2000. Privatisation of South African Airways: An evaluation of the impact on stakeholders.

Graduate School of Business, University of Cape Town. Pienaar, W. 2000. Identifying the Current ‘Bricks and Clicks’ Strategic Options adopted by South

African companies. Graduate School of Business, University of Cape Town. Pinkham, C. 2000. Best practice people management for competitive advantage with electronic

commerce business. Graduate School of Business, University of Cape Town. Pollinger, J. 2000. An analysis of the role of institutional investors in the South African Venture

Capital industry. Graduate School of Business, University of Cape Town. Pretorius, P. 2000. B2B Market Exchanges: An analysis of their impact on the South African clothing

retail industry. Graduate School of Business, University of Cape Town. Price, E. 2000. Creation of an index to measure entrepreneurial performance in South Africa SMME’s

– The GSB/Liberty EPI 500. Graduate School of Business, University of Cape Town. Pudney, D. 2000. eBay.com – Leading the way to e-commerce profitability. Graduate School of

Business, University of Cape Town. Rambouts, H. 2000. Dimension Data Holding “Globalisation through Acquisitions”. Graduate School

of Business, University of Cape Town. Ratheb, F. 2000. Dimension Data Holding “Globalisation through Acquisitions”. Graduate School of

Business, University of Cape Town. Rawoot, I. 2000. Cisco Systems Inc: Growth through Acquisitions Strategy. Graduate School of

Business, University of Cape Town. Reddy, K. 2000. Factor inhibiting supply chain collaboration in selected South African Companies.

Graduate School of Business, University of Cape Town. Riegler, D. 2000. Business-To-Business E-Commerce: Benchmarking viability, Substainability and

growth of South African exchanges against International Best Practices. Graduate School of Business, University of Cape Town.

Roberts-Baxter, G. 2000. Investor Requirements for Seed and Start-up Capital in South Africa. Graduate School of Business, University of Cape Town.

Robinson, M. 2000. Measuring the alignment between Business Strategy and IS Strategy: An explorative study that incorporates the impact of e-commerce on a popular Alignment instrument. The exploration includes and intra-organisational pilot study of the amended instrument at Vodacom. Graduate School of Business, University of Cape Town.

22

Rowe, G. 2000. Incorporating a production flow line in a Volkswagen/Audi motor franchise service department in order to increase production efficiency and quality. Graduate School of Business, University of Cape Town.

Rutherford, K. 2000. Changing environmental conditions and the effects on Strategic Planning in the Hotel Industry of the Western Cape Province. Graduate School of Business, University of Cape Town.

Salzmann, D. 2000. Business-To-Business E-Commerce: Benchmarking viability, Substainability and growth of South African exchanges against International Best Practices. Graduate School of Business, University of Cape Town.

Sampson, C. 2000. Carbon Emissions and Carbon Emissions Trading: An investigation of the nature in which carbon target setting and carbon emission trading has permeated in SA oil industry. Graduate School of Business, University of Cape Town.

Schmitz, G. 2000. An Analysis of the Labour Brokerage and Independent Contractor Industry in South Africa. Graduate School of Business, University of Cape Town.

Schroen, N. 2000. Project “VUKA” effective channel marketing by South African Breweries Beer Division in the emerging market economy. Graduate School of Business, University of Cape Town.

Sedick, R. 2000. boo.com – a dot-com failure. Graduate School of Business, University of Cape Town. Seeling-Hochmuth, G. 2000. TA Holdings PVT LTD: Zimbabwe: TA Holdings: exploring the process

of acquiring companies and implementing strategy and change after an acquisition. Graduate School of Business, University of Cape Town.

Shevel, D. 2000. A framework for the Overseas Expansion of Small to Medium Sized Enterprises from the South African Market. Graduate School of Business, University of Cape Town.

Simpson, B. 2000. Market selection and product standardisation for South African exporters: the case of abalone. Graduate School of Business, University of Cape Town.

Simpson, R. 2000. DoCoMo’s I-mode: Strategies for success. Graduate School of Business, University of Cape Town.

Skudder, A. 2000. South African Breweries plc: JSE to the LSE: The Road to International Capital. Graduate School of Business, University of Cape Town.

Slingerland, G. 2000. Subcontracting and collective bargaining: An investigation into trends towards subcontracting and informalisation/casualisation and the viability of centralised bargaining councils. Graduate School of Business, University of Cape Town.

Smith, N. 2000. The Effects of Mergers on Organisational Culture. Graduate School of Business, University of Cape Town.

Soboil, N. 2000. Assessing the different strategies of the advertising industry based in the Western Cape. Graduate School of Business, University of Cape Town.

Stapelberg, C. 2000. Investor Requirements for Seed and Start-up Capital in South Africa. Graduate School of Business, University of Cape Town.

Stevenson-Milln, C. 2000. Changing environmental conditions and the effects on Strategic Planning in the Hotel Industry of the Western Cape Province. Graduate School of Business, University of Cape Town.

Swart, A. 2000. A Strategic Framework for e-Commerce Companies to ensure Profitability and Competitive Advantage. Graduate School of Business, University of Cape Town.

Theron, P. 2000. Minimising long term agricultural price risk: A quadratic programming model based on the Markowitz mean-variance approach to risk minimisation. Graduate School of Business, University of Cape Town.

Thole, K. 2000. The Perceived Effects of Mergers and Acquisitions on Corporate Culture. Graduate School of Business, University of Cape Town.

Thompson, J. 2000. Wal-Mart, Inc: Going Global. Graduate School of Business, University of Cape Town.

Thompson, S. 2000. De Beers Consolidated Mines Limited. Graduate School of Business, University of Cape Town.

Townshend, M. 2000. An investigation into the use of Information Technology in attracting and retaining loyal customers in the South African retail sector. Graduate School of Business, University of Cape Town.

Tredoux, N. 2000. Prediction criteria for e-Venture failures with specific reference to South Africa. Graduate School of Business, University of Cape Town.

Upshall, C. 2000. IT Outsourcing: Organisational implications. Graduate School of Business, University of Cape Town.

23

Valabjee, V. 2000. Social Marketing and HIV/AIDS: Management Issues in Taking a Pilot Programme to Scale. Graduate School of Business, University of Cape Town.

Van Biljon, A. 2000. A framework for evaluating new product opportunities in the aluminium rolled products industry ensuring synergy between company strategy, marketing and manufacturing capabilities. Graduate School of Business, University of Cape Town.

Van Breda, M. 2000. CCAfrica: The key drivers leading to Conservation Corporation’s merger with Afro Ventures. Graduate School of Business, University of Cape Town.

Van der Merwe, M. 2000. eBay.com – Leading the way to e-commerce profitability. Graduate School of Business, University of Cape Town.

Verster, C. 2000. Comparative tracking of the unfolding market and technology shaping Mobile Commerce in Europe and South Africa. Graduate School of Business, University of Cape Town.

Vlahovic, D. 2000. Price Impacts of Large Trades of the Johannesburg Stock Exchange. Graduate School of Business, University of Cape Town.

Von Hone, M. 2000. A Strategic Framework for e-Commerce Companies to ensure Profitability and Competitive Advantage. Graduate School of Business, University of Cape Town.

Webber, B. 2000. The construction of Free Float Stock Market Indexes. Graduate School of Business, University of Cape Town.

Whales, C. 2000. A Values-based Perspective on Entrepreneurship: The Case of Successful Black Urban South African Entrepreneurs. Graduate School of Business, University of Cape Town.

Williams, S. 2000. An evolving information technology implementation strategy for a manufacturing company. Graduate School of Business, University of Cape Town.

Wolfenden, R. 2000. m-Commerce: An analysis of a South African scenario from the perspective of the mobile operators 1999-2004. Graduate School of Business, University of Cape Town.

CONSULTANCY AND OTHER ACTIVITIES BASED ON EXPERTISE DEVELOPED IN RESEARCH Angus Bowmaker-Falconer’s Breakwater Monitor research was used by the Department of Labour in

drafting the Employment Equity Act. The project is assisting the department regarding an information technology framework for data collection and data analysis obtained from the reporting requirements of the Act.

Professor Frank Horwitz has worked as a part-time Commissioner on the Commission for Conciliation, Mediation and Arbitration (CCMA), and has facilitated human resource and industrial relations strategy development, and organisation restructuring in tertiary education, and private sectors. He is Western Cape Convenor of the Industrial Relations Association of South Africa (IRASA). He was appointed to the editorial board of the International Journal for Cross Cultural Management (in addition to five others previously). Prof Horwitz was appointed to chair a Commission investigating the effects of sub-contracting on the collective bargaining system of the building industry. He developed a senior executive program: The Human Resource Master Class (HRMC) for the Old Mutual.

Dr Amy Seidel Marks is a social marketing consultant to the Planned Parenthood Association, Western Cape. She serves on the Provincial Administration of the Western Cape Task Team for restructuring contraceptive health service delivery in portions of Khayelitsha.

Professor Nick Segal is involved in the Corporate governance project with the OECD. He has also been appointed to a consulting project for the Chamber of Mines.

Professor Gary Stockport was examiner for a Ph.D Thesis submitted to Griffith University, Queensland, Australia – Influencing the Strategic Decision-Making of Managers: A Test of Psychological versus Deterministic Paradigms. – Supervisor for two Doctor in Business Administration students at the University of Western Australia who are investigating Turnaround Strategy and Sustainable competitive Advantage in the Minerals Sector.

Dr Eric Wood gave a presentation and training Session at a World Bank course on global Integration, Cape Town, March, on South African Manufacturing in Transition.

Dr Eric Wood gave presentation and training Sessions at “World Class Manufacturing and Services College”, Nampak Group, Somerset West, October, on Securing the Future of Work.

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SCHOOL OF ECONOMICS

(Including The Applied Fiscal Research Centre (AFReC) formally known as The Budget Project, the

Development Policy Research Unit (DPRU), the Science and Technology Policy Research Centre (STPRC), the Trade Policy Monitoring Project, the Southern African Labour and Development

Research Unit (SALDRU). HEAD OF DEPARTMENT – Associate Professor Murray Leibbrandt DEPARTMENT CONTACT DETAILS Postal address: School of Economics University of Cape Town Private Bag Rondebosch 7701 South Africa Telephone: SA (21) 650-2723 Fax: SA (21) 650-2854 email: economic@commerce.uct.ac.za AFReC CONTACT DETAILS Postal address: AFReC School of Economics University of Cape Town Private Bag Rondebosch 7701 Telephone: SA (21) 650-2719 Fax: SA (21) 650-2854 email: afrec@commerce.uct.ac.za DPRU CONTACT DETAILS Postal address: DPRU University of Cape Town Hiddingh Campus Private Bag Rondebosch 7701 Telephone: SA (21) 480-7162 Fax: SA (21) 423-2501 email: acloete@hiddingh.uct.ac.za Internet: www.uct.ac.za/depts/dpru SALDRU CONTACT DETAILS Postal address: SALDRU University of Cape Town Hiddingh Campus Private Bag Rondebosch 7701 Telephone: SA (21) 480-7147 Fax: SA (21) 23-2456 email: adams@hiddingh.uct.ac.za

25

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. The School of Economics contains a number of important research units. These are the Applied Fiscal Research Centre (AFReC) formally known as the Budget Project whose director is Ms Tania Ajam, the Southern African Labour and Development Research Unit (SALDRU) whose director is Professor Francis Wilson, and the Development Policy Research Unit (DPRU) whose director is Mr Haroon Bhorat. The DPRU specialises in policy research in the areas of labour markets and poverty, regulatory reform and regional integration. The unit publishes a successful working paper series, a policy brief series and a regular quarterly journal/newsletter, the Trade & Industry Monitor. Their work is funded by the European Commission (EU); USAID, IDRC, the World Bank, and a range of South African government departments. DPRU staff members undertake limited teaching and graduate supervision. In 2000 a multiyear study on Labour Markets, Poverty and Inequality in South Africa was completed. SALDRU’s aims include stimulating research, providing consultative services, maintaining a library and data-bank, researching labour market issues, and training researchers in the social sciences. Since its establishment, SALDRU has supported a large number of research projects and has published 87 SALDRU Working Papers, 6 Policy Papers, 7 Fact sheets, 311 Carnegie Papers, 21 Carnegie Post-Conference papers and 8 Books. Between September 1992 and December 1994 SALDRU managed the Project for Statistics on Living Standards and Development (PSLSD) in collaboration with the World Bank. This encompassed a household survey of some 9000 households nation-wide. In 1997 and 1998 SALDRU, in partnership with the International Food Policy Research Insitute (IFPRI) in Washington and the Centre for the Study of African Economies at Oxford University, conducted an investigation of public works in the Province of the Western Cape. Also in 1999 a household survey with special emphasis on health issues was undertaken in the Langeberg area of the Western Cape. In 2000 a survey of some 1000 households in the Mitchell’s Plain Magisterial District within the Cape Metropole was undertaken with a special emphasis on education, skills and work. Current research activity, with an emphasis on policy related research, is spread across a number of fields, including: agricultural economics; development economics; international finance; financial theory; monetary economics; labour economics; health economics; education; public economics; fiscal policy; political economy and regional economics.

DEPARTMENTAL STATISTICS 2000

RESEARCH FIELDS

PERMANENT STAFF Associate Professor Murray Leibbrandt

Head of Department, labour; rural development; income distribution; trade and industrial policy; survey econometrics

Professor Iraj Abedian Director of AFReC; macroeconomic theory and policy; public finance; economic growth

Professor Brian Kahn exchange rates; balance of payments; monetary policy

PERMANENT AND LONG TERM CONTRACT STAFF Professor 5 Associate Professors 3 Senior Lecturers 7 Lecturer 5 Research Staff 17 Administrative staff 18 TOTAL 55

STUDENTS Doctoral 14 Masters 27 Honours 30 Undergraduate 3400 TOTAL 3471

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

Professor Nicoli Nattrass labour; economic policy; development; political economy

Professor Francis Wilson Director of the Southern African Labour and Development Research Unit (SALDRU); Chair of the National Water Advisory Council; poverty and development; unemployment; household survey data collection; water policy

Associate Professor Haim Abraham finance; futures and derivatives

Associate Professor Sean Archer economics of training; environmental economics; labour economics

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

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

Dr Hugh High finance; anti-trust law; environmental economics; portfolio theory; labour

Dr Don Ross game theory; philosophy of economics (methodology); philosophy of science; political economy; evolutionary theory

Ms Tania Ajam public finance; intergovernmental fiscal relations; budget and financial management reform in the public sector; public expenditure management; public sector economics and fiscal policy

Ms Beatrice Conradie interface between commercial agriculture and the environment; water economics; economics of irrigated agriculture

Ms Amanda Fitschen intergovernmental fiscal relations; conditional grants as a funding mechanism; international government finance statistics, industrial sector

Ms Justine Keswell microeconomics; labour; poverty and income distribution; rural development; institutional economics

Mr Anthony Black trade and industrial policy; automotive industry, foreign direct investment, regional integration

Mr Mike de Klerk agriculture; land; rural development; labour; development finance; income distribution

Mr Lawrence Edwards international trade; economic education; mathematical modelling

Mr James Hodge service sectors and industrial development; high tech industrial development; technology policy; trade in services; trade and technology

Mr Dudley Horner labour markets and development economics

Mr Anthony Leiman environmental and resource economics; cost-benefit analysis; informal sector

Mr David Lewis industrialisation and industrial policy; industrial organisation and competition policy; labour market policy

Mr Barry Standish gaming industry; public works programmes in Namibia; interactive computer programmes for government budget education

Mr Jeremy Wakeford labour markets; economics of education; regional integration and trade policy; monetary policy; applied econometrics

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CONTRACT RESEARCH STAFF AFREC Mr John Stuart

research manager, AFReC and part-time lecturer; public finance, macroeconomic policy, financial policy, econometric and quantitative modelling

DPRU Mr Haroon Bhorat

labour economics; poverty and income distribution Ms Trudi Hartzenberg

trade and industrial policy; regional integration; regulatory reform Ms Martine Visser

trade and industrial policy; regional integration; resource and environmental economics; sustainable development

Mr Reza Daniels labour economics; trade and industrial policy

Mr Sandile Roro Labour economics; poverty and income distribution

SALDRU Dr Anne Bakilana

economic demography Mr Faldie Esau

labour markets; social and economic development; disaster management Ms Jaqui Goldin

community development and water (DWAF);social impact studies Mr Cecil Mlatsheni

migration and household surveys Mr Thabiso Musa

disaster management information systems Mr Matthew Welch

small business finance; development issues; household surveys

RESEARCH OUTPUTS RESEARCH PAPERS AND REFEREED ARTICLES Abraham, H. 2000. The Black-Scholes model of option prices if individuals’ utilities are admitted.

Studies in Economics and Econometrics 24(1):1-10. Archer, S. 2000. Technology and ecology in the Karoo: a century of windmills, wire and changing

farming practice. Journal of Southern African Studies 26(4):675-696. Bhorat, H. 2000. Public expenditure and poverty alleviation in the South African labour market.

Development Southern Africa 17(5):815-829. Bhorat, H., Leibbrandt, M. & Woolard, I. 2000. Understanding contemporary household inequality

in South Africa. Studies in Economics and Econometrics 24(3):31-52. Bhorat, H. 2000. The impact of trade and structural changes on sectoral employment in South Africa.

Development Southern Africa 17(3):437-466. Edwards, L. 2000. An econometric evaluation of academic development programmes in economics.

South African Journal of Economics 68(3):455-483. Hodge, J. 2000. Liberalising communications services in South Africa. Development Southern Africa

17(3):373-387. Castel, J. & Kantor, B. 2000. Tracking stocks an alternative to unbundling for the South African group.

Investment Analysts Journal 51: 49-56. Leibbrandt, M., Woolard, I. & Woolard, C. 2000. The contribution of income components to income

inequality in the rural former homelands of South Africa: a decomposable gini analysis. Journal of African Economies 9(1):79-99.

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Leibbrandt, M. & Nattrass, N. 2000. Introduction to Special Edition. Studies in Economics and

Econometrics 24(3):1-6. Nattrass, N. 2000. The debate about unemployment in the 1990s. Studies in Economics and

Econometrics 24(3):73-90. Nattrass, N. 2000. Inequality, unemployment and wage-setting institutions in South Africa. Studies in

Economics and Econometrics 24(3):129-142. BOOKS Hartzenberg, T. (ed.) 2000. SADC-EU trade relations: 1-96. Harare, Zimbabwe : Sapes Books. Harzenberg, T. & Elbadawi, I. (eds) 2000. Development issues in South Africa: 1-296. London:

MacMillan. Nattrass, N. 2000. Macroeconomics: theory and policy in South Africa: 1-290. Cape Town: David

Philip. Ross, D., Brook, A. & Thompson, D. (eds) 2000. Dennett’s Philosophy: A comprehensive assessment:

1-397. Cambridge, Mass: MIT Press. CHAPTERS IN BOOKS Ajam, T. 1999. Fiscal federalism in South Africa. In Calitz, E. & Black, P. (eds) Public Finance: 309-

330. Pretoria: Oxford University Press. Ayogu, M. & Singh, G. 2000. Country Profiles: South Africa. In Africa Competitiveness Report

2000/2001 (CID, Harvard University and World Economic Forum): 200-207. New York: Oxford University Press.

Bhorat, H., Torres, L., Leibbrandt, M. & Cassim, F. 2000. Poverty and the labour market. In May, J. (ed.) Poverty and inequality in South Africa: meeting the challenge:73-96. Cape Town: David Philip.

Bhorat, H., Leibbrandt, M. & Woolard, I. 2000. Understanding South Africa’s inequality. In Elbadawi, I. & Hartzenberg, T. (eds) Development issues in South Africa:14-50. London: Macmillan.

Cassim, R. & Zarenda, H. 2000. Regional economic integration: reflections on South Africa and the Southern African Region. In Elbadawi, I. & Hartzenberg, T. (eds) Development issues in South Africa: 170-194. London: MacMillan.

Hartzenberg, T. & Cassim, R. 2000. South Africa in the world trading system. In Oyejide, A. et al. Africa in the world trading system.

Hartzenberg, T. & Elbadawi, I. 2000. Introduction and overview. In Elbadawi, I. & Hartzenberg, T. (eds) Development issues in South Africa: 1-13. London: Macmillan.

Leiman, A., van Zyl, H. & Store, T. 2000. Valuing time spent collecting water in a Kenyan town. In Rietbergen-McCracken, J.A. & Abaza, H. (eds) Environmental Valuation: a worldwide compendium of case studies: 23-34. London: Earthscan.

Leiman, A., van Zyl, H. & Store, T. 2000. The recreational value of viewing wildlife in Kenya. In Rietbergen-McCracken, J.A. & Abaza, H. (eds) Environmental Valuation: a worldwide compendium of case studies: 35-52. London: Earthscan.

Leiman, A., van Zyl, H. & Store, T. 2000. Determinants of land values in Accra, Ghana. In Rietbergen-McCracken, J.A. & Abaza, H. (eds) Environmental Valuation: a worldwide compendium of case studies: 53-63. London: Earthscan.

Leiman, A., van Zyl, H. & Store, T. 2000. Measuring the costs of rainforest conservation in Cameroon. In Rietbergen-McCracken, J.A. & Abaza, H. (eds) Environmental Valuation: a worldwide compendium of case studies: 64-77. London: Earthscan.

Muradzikwa, S. 2000. Fiscal policy in South Africa. In Nattrass, N. (ed.) Macroeconomics: theory and policy in South Africa: 257-285. Cape Town: David Philip.

Ross, D. 2000. Rainforest realism: a Dennettian theory of existence. In Ross, D., Brood, A. & Thompson, D. (eds) Dennett’s philosophy: a comprehensive assessment: 147-168. Cambridge, Mass: MIT Press.

Ross, D. 2000. The Dennettian Stance. In Ross, D., Brook, A. & Thompson, D. (eds) Dennett’s Philosophy: a comprehensive assessment: 1-26. Cambridge, Mass: MIT Press.

Wakeford, J. 2000. Monetary and exchange rate policy in South Africa. In Nattrass, N. (ed.) Macroeconomics: theory and policy in South Africa: 208-256. Cape Town: David Philip.

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THESES PASSED FOR HIGHER DEGREES Akazili, J. 2000. Economic Costs of Seeking Malaria Care to Households in the Kassena-Nankana

District of Northern Ghana. M.A. coursework and dissertation: University of Cape Town. Crosoer, D.R. 2000. Vulnerability to Currency Crises: A Contrast Between South Africa and

Zimbabwe in the 1990s. M.Soc.Sc. coursework and dissertation: University of Cape Town. Eita, J.H. 2000. Namibia and the Common Monetary Area: Costs, Benefits and Choices. M.Com by

dissertation: University of Cape Town. Heese, K. 2000. Financial and Fiscal Facilitation of Developmental Local Government in South Africa.

M.Soc.Sc. by dissertation: University of Cape Town. Ichoku, H.E. 2000. The Demand for Health Care Services in Nigeria – A Nested Logit Model.

M.Soc.Sc. coursework and dissertation: University of Cape Town. Jhamna, M.L.J.S. 2000. Restructuring of the Mauritian Clothing Industry in the Light of New Trade

Agreements. M.Soc.Sc. coursework and dissertation: University of Cape Town. Mabuza, P.V. 2000. Revisiting Minimum Wage-Fixing in South Africa. M.Soc.Sc. coursework and

dissertation: University of Cape Town. Mlatsheni, C.S. 2000. The Role of Education and Fertility in the Participation and Employment of

African Women in South Africa. M.Soc.Sc. coursework and dissertation: University of Cape Town.

Mosigi, W. 2000. Role and Procedures of Natural Resources Accounting (NRA): An NRA Framework for Botswana. M.A. coursework and dissertation: University of Cape Town.

Mwangi, P.K. 2000. An Analysis of the User-Fee Policy for Health Care in Kenya: is the effort worth it? M.Soc.Sc. coursework and dissertation: University of Cape Town.

Phiri, B. 2000. An Economic Evaluation of Reproductive Health Service Delivery in Central Lusaka. M.A. coursework and dissertation: University of Cape Town.

Rangasamy, K. 2000. Budget Deficits and the Term Structure of interest rates: Evidence from Mauritius. M.Com coursework and dissertation: University of Cape Town.

Traverso, A.B.A. 2000. Testing the JSE as an Efficient Market. M.Com by dissertation: University of Cape Town.

Welch, M.J. 2000. Theories of Migrant Labour. M.Com coursework and dissertation: University of Cape Town.

UNIVERSITY PUBLICATIONS AND PUBLICATIONS OF A POPULAR NATURE Ajam, T. 2000. The Public Finance Management Act 1999. Financial Mail 25 February: 11 Ajam, T. 2000. The impact of the Public Finance Management Act. Institute for Public Finance and

Auditing Journal 1(2): 6-14. Ayogu, M. 2000. Nigeria: Towards an optimal macroeconomic management of Public Capital. AERC

Research Paper 104. Bhorat, H. 2000. Are wage adjustments an effective mechanism for poverty alleviation? Some

simulations for domestic and farm workers. DPRU Working paper 00/41. Bhorat, H. 2000. The effect of trade flows on labour demand. Trade & Industry Monitor 13:6-9. Bhorat, H. 2000. The impact of trade & structural changes on sectoral employment in South Africa.

TIPS Working Paper 8. Bhorat, H. 2000. Some people are more jobless than others. Sunday Independent 5 November 2000: 7 Bhorat, H. 2000. A closer look at the income grant. Mail & Guardian, 10 February: 38. Bhorat, H. 2000. How to reduce SA's wage gaps. Mail & Guardian, 17 August: 17. Bhorat, H. 2000. Brain drain hits the labour market. Business Day, 7 September : 11. Bhorat, H., Leibbrandt, M., Maziya, M., van der Berg, S. & Woolard, I. 2000. Labour Markets and the

challenge of poverty and inequality in South Africa. German Agency for Technical Co-operation (GTZ) publication.

Black, A. & Muradzikwa, S. 2000. Prospects for the automotive industry in the SADC free trade area. Trade and Industry Monitor 14: 7-10.

Brown, M. & Lloyd, M. 2000. South Africa's brain drain. South African Process Engineering 2: 95. Brown, M., Kaplan, D. & Meyer, J. 2000. The Brain Drain: an outline of skilled emigration from South

Africa. Africa Insight: 41-47. Clark, D. 2000. Perceptions of development: some evidence from the Western Cape. Saldru Working

Paper 88:1-72.

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Daniels, R. 2000. Report 1: Monitoring and evaluating the impact of access rights' allocations on poverty in subsistence fishing communities. Subsistence Fisheries Research Report. Development Policy Research Unit.

Daniels, R. 2000. Report 2: Regional profiles of subsistence fishing communities. Subsistence Fisheries Research Report. Development Policy Research Unit.

Daniels, R. 2000. Subsistence Fisheries Research Project - project summary and recommendations. Subsistence Fisheries Task Group (SFTG) summary. Development Policy Research Unit.

Driver, A. & de Barros, J. 2000. The impact of the Maputo Development Corridor on freight flows: an initial investigation. DPRU Working Paper 00/38.

Driver, M. & Barros, J. 2000. How will the Maputo Development Corridor impact freight flows? DPRU Policy Brief 00/P1.

Driver, A. & Hodge, J. 2000. Understanding the high tech sector in the Cape Metropolitan Region: a contribution to the development of a regional strategy for high tech industry. DPRU Working Paper 00/37.

Edwards, L., Mlangeni, T. & van Seventer, D. 2000. Revealed comparative advantage in SADC economies. Southern African Update 5:1-4.

Edwards, L. 2000. Labour shedding output growth: is trade the culprit? Trade & Industry Monitor 14:2-14.

Goldin, J. & Adato, M. 2000. Labour intensive employment and social development: the working for water programme in the Western Cape Province. Saldru Working Paper 89:1-61.

Hartzenberg, T. 2000. Regional Integration in Southern Africa. Background Paper prepared for ADB 2000 Report, African Development Bank.

Harvey, C. 2000. Macroeconomic policy and trade integration in Southern Africa. DPRU Working Paper 00/39.

Harvey, P. 2000. Is macroeconomic policy convergence necessary for a sustainable SADC free trade area? DPRU Policy Brief 00/P4.

Hodge, J. 2000. An overview of the role of producer services in the petrochemicals industry in South Africa: A Case Study of Sasol. DPRU Working Paper number 00/36.

Kalenga, P. 2000. Regional trade integration in Southern Africa: critical policy issues. DPRU Working Paper 00/42.

Kalenga, P. 2000. What are the major trends and determinants of foreign direct investment in SADC countries? DPRU Policy Brief 00/P2.

Kalenga, P. 2000. What are the critical issues arising from the SADC trade integration process? DPRU Policy Brief 00/P3.

Kantor, B. 2000. What should Alan Greenspan be doing? Financial Mail 17 March : 18-19. Kantor, B. 2000. Not such a grim reaper. Financial Mail 4 August: 18-19. Kantor, B. 2000. Half-listening to the Market. Financial Mail 22 September: 22-23. Kantor, B. 2000. Extend consumer choice to roads. Financial Mail 8 December: 18. Kantor, B. 2000. Investment strategy update – in the light of the budget. Investec Securities

Budget 1999/2000. Kantor, B. 2000. The Dawn of inflation targeting in South Africa. Investec Secutiries March 1999. Kantor, B. 2000. Some lessons for the new Reserve Bank Governor. Investec Securities

August 1999. Kantor, B. 2000. Control freaks, on and off the JSE. Investec Strategy 18 October : 12-19. Kaplan, D. 2000. Innovation, technological capability and exporting: an empirical analysis of small

manufacturing firms in the South African electronics industry. Ntsika Enterprise Promotion Agency (NTSIKA) and Friedrich Ebert Stiftung (FES) paper.

Maphiri, B.D. 1999. The role of treasury in promoting efficient cash management: evidence from South Africa. AFReC Discussion Paper number 40.

Maphiri, B.D. & Keswell, J. 1999. The long-term structure of the South African electricity industry: generation and transmission. AFReC Research Monograph number 3.

Meyer, J., Brown, M. & Kaplan, D. 2000. Assessing the South African Brain Drain: A Statistical Comparison. DPRU Working Paper 00/40.

Shall, A. 1999. Budget Reform: an evaluation of the implementation of performance budgeting in the Department of Health, Mpumalanga. AFReC Research Monograph number 12.

Shall, A., Barberton, C. & Ajam, T. 2000. Costing Legislation: a review of international and local practices with a view to developing recommendations for South Africa. AFReC Research Monograph number 15.

Shall, A. 1999. Intergovernmental Fiscal Relations. In The intergovernmental relations audit: towards a culture of co-operative government. Department of Provincial and Local Government.

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Shall, A. 2000. The importance of the Tree E's in the budgeting process for line managers. Journal of the Institute for Public Finance and Auditing 1(3): 13

UPUBLISHED RESEARCH/TECHNICAL/POLICY DOCUMENTS Archer, S. 2000. Rights and resources in the Southern African economy after political change.

Conference paper presented at the Centre for Applied Legal Studies, University of the Witwatersrand conference on Law and Transformation, Midrand.

Archer, S. 2000. Treating education as a human right. Conference paper at the Kenton Education Conference, University of Port Elizabeth.

Ayogu, M. 2000. Addressing barriers to development: infrastructure constraints. Background paper for Africa in the 21st century project. In Can Africa claim the 21st century? Washington D.C: The World Bank.

Ayogu, M. 2000. The political economy of infrastructure investments. Paper presented at the Annual Bank Conference on Development Economics (ABCDE), Washington DC.

Ayogu, M. 2000. The structure of power and the pattern of public spending in a fiscal federalism. Paper presented at the Annual Bank Conference on Development Economics (ABCDE), Europe, Paris.

Ayogu, M. & Hodge, J. 2000. Privatisation in South Africa: institutional foundations and pitfalls. Paper presented at the Global Development Network Annual Conference, Tokyo.

Barberton, C. & Shall, A. 2000. Best Practice in Costing. Commissioned by GTZ. Barberton, C. & Shall, A. 2000. Budgeting and Reporting and the PFMA. Institute of Public Finance

and Auditing conference Professionalising Financial Management in the Public Sector, Centurion Lake Hotel.

Barberton, C. & Shall, A. 2000. The 3 E's and line managers. IPFA conference, Institute for Public Finance and Auditing conference in Professionalising Financial Management in the Public Sector, Centurion Lake Hotel.

Barberton, C. & Shall, A. 2000. Equity and intergovernmental fiscal relations in South Africa. Decentralising to Democracy Conference, Makassar, South Sulawesi, Indonesia.

Bhorat, H. 2000. Wage premia and wage differentials in the South African labour market. TIPS Annual Conference Paper.

Bhorat, H. 2000. Are wage adjustments an effective mechanism for poverty alleviation? Some simulations for domestic and farm worker. TIPS Annual Conference Paper.

Black, A. 2000. Policy options for the Mozambican automotive industry on the context of the SADC free trade agreement. Report for the Government of Mozambique.

Black, A. 2000. Scale intensive manufacturing. Report for the President’s Office Study on fixed investment in South Africa.

Black, A. & Gelb, S. 2000. South Africa: FDI trends, causes, issues, project on brownfield investment in emerging markets. London Business School.

Brown, M. 2000. Regional conference on brain drain and capacity building in Africa. IDRC Conference Paper.

Burns, J. 2000. A global living wage? Paper presented at the Rethinking Marxism 2000 Conference, University of Massachussetts, Amherst.

Cichello, P., Fields, G. & Leibbrandt, M. 2000. Which African workers have gotten ahead and by how much? The story of KwaZulu-Natal, South Africa, 1993-98. TIPS Annual Conference Paper.

Daniels, R. 2000. Poverty alleviation and the prospects for micro-enterprise development in South Africa: lessons from the subsistence fishing industry. TIPS Annual Conference Paper.

Edwards, L. 2000. National enterprise survey: investment behaviour in knowledge intensive sectors. Report for the President’s Office Study on fixed investment in South Africa.

Edwards, L. 2000. Globalisation and the skill bias of occupational employment in South Africa. Paper presented at the Econometrics Southern Africa conference, WITS.

Edwards, L. & Visser, M. 2000. Regional Trade Flows According to the GTAP Database: An Intertemporal Perspective. Paper presented at the Trade and Industrial Policy Secretariat Regional Symposium, Glenburn Lodge.

Fields, G., Leibbrandt, M. & Wakeford, J. 2000. Key labour market elasticities in South Africa. Report for Department of Finance.

Hartzenberg, T. 2000. Investment in consumer services in South Africa: retail and tourism, Cabinet Investment Cluster Study on Investment in South Africa. Report for the President’s Office Study on fixed investment in South Africa.

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Hodge, J. 2000. Investment in producer services in South Africa: an analysis of investment behaviour and obstacles using the national enterprise survey. Produced for the Policy Advice and Coordination services, Office of the President.

Hodge, J. Nordås, H. & Tøndel, L. 2000. Diffusion of information technology, SADC and international production. Report for Norwegian Foreign Ministry.

Horner, D., Esau, F. & Mullagee, F. 2000. Training the unemployed. Paper comissioned for the Department of Labour.

Horner, D. 2000. Statistics on socio-economic security in SA. Report commissioned by the ILO, Geneva.

Kalenga, P. 2000. Foreign Direct Investment in Sub-Saharan Africa. OECD Development Centre's research project on New Forms of Co-operation in emerging Africa.

Leibbrandt, M. & Woolard, I. 2000. Measuring changes in inequality overtime: an application from the Kwa-Zulu Natal Income Dynamics study. Paper presented at the Econometrics Southern Africa Conference, Wits.

Leiman, A. 2000. A preliminary economic evaluation of storage space leasing at the Milnerton tank farm, and of proposed upgrades to the pipeline, loading arms and tankfarm at the port of Cape Town. CSIR.

Leiman, A. 2000. Economic scoping report on tolling the N1 and N2 highways. Crowther Campbell. Leiman, A. & van Zyl, H. 2000. Cost-benefit study of proposed zinc mine and processing plant in

Gamsberg, N Cape. KPMG. Leiman, A. & van Zyl, H. 2000. Guidelines for the cost-benefit analysis of water projects and policies

in the Western Cape. Palmer Development. Nattrass, N. 2000. Is South Africa’s high productivity growth strategy appropriate in a labour surplus

economy? Paper presented at Trade and Industry Policy Secretariat 2000 Annual Forum, Muldersdrift.

Nattrass, N. & Seekings, J. 2000. Globalisation and inequality in South Africa. Paper presented at the Conference on Poverty and Income Inequality in Developing Countries, organised by the OECD, Aix-Provence, France.

Ross, D. 2000. Bugbears of globalization: a moral argument with special reference to South Africa. Lecture given by the Annual Meetings of the Philosophical Society of Southern Africa, Muldersdrift, Gauteng.

Ross, D. 2000. Learning, cognition and ideology. The 2000 Rick Turner lecture. Delivered at the University of Natal-Durban, South Africa.

Ross, D. & Spurrett, D. 2000. How minds can cause without emerging. Lecture given to the Faculty of Humanities, University of Natal-Durban, South Africa

Ross, D. 2000. Individuating and explaining emotions. Paper given at the Spring Colloquium, Rhodes University, Grahamstown, South Africa.

Ross, D. 2000. Game-theoretic foundations for the behavioural sciences. Paper given at the Spring Colloquium, Rhodes University, Grahamstown, South Africa and to the Centre for Applied Ethics, University of British Columbia, Vancouver, Canada.

Ross, D. 2000. Agency in Economics, game theory and cognitive science. Lecture given to the Centre for Applied Ethics, University of British Columbia, Vancouver, Canada.

Ross, D. 2000. Review of Stephen R. L. Clark, The Political Animal. Philosophy in Review 20:16-18. Visser, M. 2000. Inter and intra-industry trade flows between SADC and SACU: Key Policy Issues.

DPRU Second Regional Integration Workshop. September. Wilson, F. 1999. Migration-immigration linkages: some reflections. Contribution to a workshop co-

hosted by SALDRU and SAMP. Wilson, F. & Oyen, E. 1999. Only connect: unemployment and poverty: formal and informal economic

activity in a divided world. Paper presented at a conference held by the Pontifical Academy of Social Sciences, The Vatican.

Wilson, F. 1999. Understanding the past to reshape the future: problems of South Africa’s transition. Paper presented at a conference at All Souls and Nuffield College, Oxford.

CONSULTANCY BASED ON EXPERTISE DEVELOPED IN RESEARCH Ms T Ajam did executive training for the Department of Land Affairs on budgeting and financial

management, presented a workshop for the National Council of Provinces Committee Chairpersons on The Budget Process and the NCOP. She facilitated at a workshop on Local Economic Development, South African Department of Constitutional Development. She is the Chief Executive Officer of AFReC (pty) Ltd. She is also the Special Advisor to the Western Cape Treasury and was appointed in 2000 to assist the Western Cape. She is also a consultant

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on inter-governmental fiscal relations for the Inter-governmental Audit commissioned by the Department of Constitutional. Her work culminated in a presentation to Cabinet and a number of parliamentary submissions.

Prof I Abedian is on leave from the department serving as Chief Economics of Standard Bank. Mr H Bhorat is a member of the advisory committee for the Labour Force Survey, Department of

Labour. He is a member of the migration advisory committee for the Department of Labour. He is a regular referee for the journal, Development Southern Africa and is a member of the advisory committee for the October Household Survey, Statistics South Africa. He is a member of the Research Advisory Panel, Department of Labour and a Consulting Editor for the South African Journal of Economics.

Mr A Black acted as a consultant to the Government of Mozambique on the SADC free trade area discussions and was also a consultant to the project on fixed investment in South Africa for the President’s Office.

Ms B Conradie was invited to provide economic input at a workshop on water conservation and demand management in agriculture. The workshop was organised by the Department of Water Affairs and Forestry.

Mr M de Klerk is on leave from the department serving as the Head of Research for the Land Bank. Ms A Fitschen is a visiting lecturer to the University of Stellenbosch Graduate School of Business and

Cape Academy and is consultant to the media group on intergovernmental fiscal issues. She has carried out research for the European Commission and USAID on aid project in South Africa.

Ms T Hartzenberg acts as a consultant to private sector companies and legal firms on competition issues. She has also been on the Liquor Policy Drafting Panel for the Department of Economic Affairs, Agriculture and Tourism of the Western Cape.

Mr J Hodge is an advisor to the Department of Trade and Industry on the current WTO round of trade talks on services as well as the development of a DTI strategy for service industries. He has also been an invited speaker at the following events: TIPS/World Bank ‘Emerging trade issues” course – Cape Town 1-3 March 2000; Competition commission workshop on the jurisdiction of the Commission relative to sector regulators – Midrand 17-18 April 2000; SADC Trade Negotiation Forum meeting on trade in services – Maseru 7-9 June 2000; Mauritian National Workshop on the current WTO trade negotiations, Port Louis, 11/12 October 2000.

Prof B Kahn is on leave from the department serving as Deputy-Director of Research in the South African Reserve Bank.

Prof D Kaplan is on secondment from the department to the Department of Trade and Industry. Associate Professor M Leibbrandt is on the Council of the Economic Society of South Africa and is on

the Editorial Board of the South African Journal of Economics. He is a member of the Research Advisory Panel of the Department of Labour.

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SCHOOL OF MANAGEMENT STUDIES HEAD OF SECTION - Professor John Simpson CONTACT DETAILS Postal Address: School of Management Studies University of Cape Town Private Bag Rondebosch 7701 South Africa Telephone: SA (21) 650-2466 Fax: SA (21) 689-7570 E-mail: bking@commerce.uct.ac.za DEPARTMENTAL 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, Business Finance, Human Resource, Marketing and Industrial/Organisational Psychology streams. Postgraduate diplomas in management are also offered by the School, in Human Resource, Marketing, Organisation and Management, and Tourism and Leisure 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 and Human Resource Management Section provides undergraduate courses in human resource management and industrial/organisational psychology. At the postgraduate level it performs the dual function of training specialists in human resource management and providing professional training in industrial psychology. The research and teaching of the Section reflects a broad understanding of what constitutes organisations. This is evident in its strong commitment to research at the postgraduate level. 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 Unilever Institute of Strategic Marketing is housed in the Marketing Section.

DEPARTMENTAL STATISTICS 2000

PERMANENT AND LONG TERM CONTRACT STAFF

Professors 5 Associate Professors 5Senior Lecturers 6Lecturers 10Research Staff 3Administrative and Clerical Staff 5TOTAL 34

STUDENTS

Doctoral 1 Masters 1 Honours 10 Postgraduate Diploma 200 Undergraduate 1821 TOTAL 2033

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RESEARCH FIELDS PERMANENT STAFF Professor John Simpson

consumer behaviour; retailing; strategic marketing Professor Colin Firer

market timing, performance of unit trusts Associate Professor Trevor Thomson

electronic finance; international finance; financial innovation Dr Martin Birt

training management Dr Vic Razis

the ethical basis of globalisation; the marketing of a nation: South Africa; an examination for the marketing distribution channels for South African fruit

Mr Ian Hipkin physical asset management; technology implementation; strategic management of knowledge

Mr Jeff Bagraim knowledge organisations; workplace power and control; entrepreneurship; organisational commitment; new models of organisation; human resource theory; corporate culture

Ms Eleanor Fraser efficient markets; investments performance

Ms Linda Price social psychology and the world of work with particular interest in the experiences of the elderly

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

Ms Hazel Bothma the changing workplace; managerial stress; organisational change

Mr Richard Kilcullen philosophy of government

Mr Richard George the relationship between tourism and crime: strategies and preventative measures in Cape Town

RESEARCH OUTPUTS

RESEARCH PAPERS AND REFEREED ARTICLES Hipkin, I.B. & De Cock, C. 2000. TQM and BPR: lessons for maintenance management. Omega

International Journal of Management Science 28(3): 277-292. Hipkin, I.B. 2000. TQM: the paradox of empowerment and conformance in the service sector. South

African Journal of Business Management 31(1): 1-8. Hipkin, I.B. 2000. Managerial and worker perceptions of the workplace: a case of South African

agriculture. South African Journal of Labour Relations Spring-Summer: 5-23. BOOKS George, R. 2000. Marketing SA tourism and hospitality (including Instructor’s Manual): 1-347. Cape

Town, Oxford University Press. CHAPTERS IN BOOKS Zucchini, W. & MacDonald, I.L. 2000. Markov Process, Hidden. In Piegorsch, W. et al. (ed.)

Encyclopaedia of Environmetrics. Wiley.

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THESES AND DISSERTATIONS PASSED FOR HIGHER DEGREES Govender, K.K. 2000. Managing service quality by managing the service encounter: the effects of

organisational socialisation strategies. Ph.D. thesis, University of Cape Town. Goodman, S. 2000. Investigating the Experience of Working in a Diversifying Workforce: A Case

Study of the Committee Section of the South African Parliament. M.Bus.Sc. dissertation, University of Cape Town.

UNPUBLISHED RESEARCH/TECHNICAL/POLICY DOCUMENTS Bagraim, J.J. 2000. Understanding the organizational commitment of knowledge workers. Paper

presented at the 27th International Congress of Psychology (ICP2000), Stockholm. Jardine, J.J. & Bagraim, J.J. 2000. The relationship between perceived fairness and organizational

citizenship behaviour – preliminary results from South Africa. Paper presented at the 27th International Congress of Psychology (ICP2000), Stockholm.

Bagraim, J.J. 2000. Researching the organizational commitment of knowledge workers in South Africa. Seminar presented at the Warwick Business School, University of Warwick.

Bagraim, J.J. & Serman, C. 2000. A critical reassessment of the Normative Commitment component of organisational commitment. Paper presented at the 6th national conference of the Psychological Society of South Africa (PsySSA6), Johannesburg.

Birt, M.K. 2000. A contracting model for managing the training function. Paper published in SANDF Bulletin for Educational Technology, July-December.

Bothma, H. 2000. The changing nature of stress within the new workplace: A comparative study between USA and South Africa. Paper presented at XXVII International Congress of Psychology, Stockholm.

George, R. 2000. Examining the effects of violent crime on international tourism numbers. Paper presented to Department of Criminology, UCT.

George, R. 2000. Business Against Crime. Paper presented to Business Trust, SAPS's Tourism Assistance Unit.

Goodman, S. 2000. Investigating the Experience of Working in a Diversifying Workforce: A Case Study of the Committee Section of the South African Parliament. Presented Paper at the annual conference of the Psychological Association of South Africa.

Price, L. 2000. Ageing and memory: making sense of the past. Paper presented at the annual conference of the Psychological Association of South Africa conference.

CONSULTANCY AND OTHER ACTIVITIES BASED ON EXPERTISE OR RESEARCH Birt, M.K. Chairperson: Senior Briefing Group - Institute of Personnel Management Bothma, H. Staff development and supervisor training; organisational and structural change; career

counselling for the CIC; psychological assessment and personality profiling Firer, C. Joint Editor: Investment Analysts Journal; Editorial Board Member: SA Journal of Business

Management Hipkin, I. Assistance and supervision: Business aid projects for small businesses in the Western Cape;

organisational structuring Cape Town City Community Patrol Board Goodman, S. The kinds of learning that take place in an action learning environment: A case study

based on the experiences of the PDOM Genesis groups Price, L. Staff development officer at Christine Revell Childrens Home; vocational and workplace

counselling; supervision of organisational psychology internships; conflict mediation in organisations

Simpson, J. Editorial Board Member: South African Journal of Business Management.

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ACTUARIAL SCIENCE SECTION OF THE SCHOOL OF

MANAGEMENT STUDIES AND CENTRE FOR ACTUARIAL RESEARCH HEAD OF DEPARTMENT – Professor R E Dorrington DEPARTMENTAL CONTACT DETAILS Postal address: School of Management Studies University of Cape Town Private Bag Rondebosch 7701 South Africa Telephone: SA (21) 650-2475 Fax: SA (21) 689-7580 E-mail: ffirth@commerce.uct.ac.za (Departmental Secretary) DEPARTMENTAL PROFILE The section produces about a third of all South African actuaries. Approximately 70% of our graduates go on to complete the professional examinations to qualify as actuaries, which is the highest qualification rate in South Africa. Students attending our post-graduate courses enjoy a pass rate in the professional examinations which is almost double that experienced by other candidates. The Centre for Actuarial Research was established in 2000. It will bring together multi-disciplinary teams to build capacity, improve techniques and produce independent research in the following areas:

• Demography • Healthcare Financing • Social Security • HIV/AIDS Modeling

The Centre will actively promote the collaboration of people with research interests in demography, actuarial science, social security, economics, finance and public sector policy. The Centre for Actuarial Research at the University of Cape Town is the only unit of its kind at an African university. The Centre received formal approval from the University Research Committee in December 2000.

DEPARTMENTAL STATISTICS

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

PERMANENT AND LONG-TERM CONTRACT STAFF Professors 1 Associate Professors 2 Senior Lecturers 2 Administrative and Clerical Staff 1 TOTAL 6

STUDENTS Masters 5 Honours 22 Post-graduate diplomas 32 Undergraduate 196 TOTAL 255

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

Associate Professor H.D. McLeod healthcare financing; medical scheme design and solvency; managed care; HIV/AIDS treatment costs; complementary medicine

Dr P.G. Slattery healthcare financing; medical schemes

RESEARCH OUTPUTS

PUBLISHED CONFERENCE PROCEEDINGS Dorrington, R.E. 2000. HIV/AIDS in the Western Cape: Is there still time to do something? A paper

presented to the Joint Population Conference on the Demographic Impact of HIV/AIDS in South Africa and its Provinces, Port Elizabeth.

Dorrington, R.E. 2000. What the ASSA2000 Model Tells Us about the Epidemic in the Provinces and What that Tells Us about the National Epidemic. A paper presented to the Joint Population Conference on the Demographic Impact of HIV/AIDS in South Africa and its Provinces, Port Elizabeth.

Dorrington, R.E. 2000. The ASSA2000 Suite of Models. A paper presented to the Annual Convention of the Actuarial Society of South Africa, Somerset West.

Rosenberg, S.B., Johnson, L.F., Dorrington, R.E. & Schneider, D. H. 2000. The ASSA Multi-state Select Population Model. A paper presented to the Annual Convention of the Actuarial Society of South Africa, Somerset West.

Timaeus, I., Dorrington, R.E, Bradshaw, D., & Nannan, N. 2000. Mortality in South Africa, 1985-97: From Apartheid to AIDS. A paper presented at the British Society for Population Studies Conference.

CONFERENCE ABSTRACTS AND POSTERS Bourne, D., Dorrington, R.E. & Laubscher, R. 2000. Rapid AIDS Mortality Surveillance in South

Africa. Poster exhibited at the 13th International AIDS Conference, Durban. Dorrington, R.E. 2000. The Demographic Impact of HIV/AIDS in South Africa. A poster presented at

the 13th International AIDS Conference. Dorrington, R.E. 2000. HIV/AIDS and Insurance in South Africa. A panel presentation and discussion

hosted by the Financial Services Board, at the 7th International Association of Insurance Supervisors, Cape Town.

Laubscher, R., Bourne, D., Bradshaw, D. & Dorrington, R.E. 2000. Are AIDS Deaths recorded in the reported deaths? A paper presented at the South African Statistical Association Annual Conference.

Nannan, N., Timaeus, I., Bradshaw, D. & Dorrington, R.E. 2000. Estimating Childhood Mortality in South Africa. Poster presented at the Epidemiological Society of South Africa Conference, East London.

Nannan, N., Timaeus, I., Bradshaw, D. & Dorrington, R.E. 2000. The Impact of HIV/AIDS on infant and child mortality in South Africa. Poster exhibited at the 13th International AIDS Conference, Durban.

Timaeus, I., Bradshaw, D., Dorrington, R.E. & Nannan, N. 2000. Reversal in adult mortality trends in South Africa. Poster exhibited at the 13th International AIDS Conference, Durban.

UNPUBLISHED RESEARCH / TECHNICAL / POLICY DOCUMENTS Goemans, M. & McLeod, H.D. (eds) 2000. An Investigation into the Accumulated Fund Fluctuations

of three of Administrator A’s Medical Schemes in 1999. A confidential technical document provided to the Office of the Registrar of Medical Schemes, Pretoria.

McLeod, H.D., Slattery, P.G. & Van den Heever, A.M. 2000. The Use of Reinsurance in Medical Schemes: A Survey of Medical Scheme Reinsurance 1996-1999. Prepared for the Office of the Registrar of Medical Schemes and the Council for Medical Schemes, Pretoria.

McLeod, H.D., Lakhani, K. & Maske, A. 2000. A Review of the Asset Regulations for Medical Schemes. Discussion document prepared for the Office of the Registrar of Medical Schemes.

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Stummer, T. & McLeod, H.D. (eds) 2000. Monitoring Reserve Levels of Administrator B’s Medical Schemes during 1999, and dentifying the Major Factors which Affect the Volatility of Accumulated Funds. A confidential technical document provided to the Office of the Registrar of Medical Schemes, Pretoria.

Van den Heever, A.M. & McLeod, H.D. 2000. Demarcation and the Medical Schemes Act. Report prepared for the Office of the Registrar of Medical Schemes, the Executive Committee of the Council for Medical Schemes and the Department of Health, Pretoria. Presented to the Council for Medical Schemes.

CONSULTANCY AND OTHER ACTIVITIES BASED ON EXPERTISE DEVELOPED IN RESEARCH R.E. Dorrington was appointed by the Minister of Finance to the South African Statistics Council for a

three-year term, from 1 November 2000. H.D. McLeod was appointed by the Minister of Health to the Council for Medical Schemes for a three

year term, from 1 August 1999. R.E. Dorrington was appointed to a Statistics South Africa National reference group on mortality and

population projection. R.E. Dorrington was appointed to the Research Monitoring and Evaluation Technical Task Team of the

South African National AIDS Council. R.E. Dorrington was appointed Convenor of the AIDS Committee of the Actuarial Society of South

Africa. R.E. Dorrington performed a projection of the impact of HIV/AIDS on the Cape Metropolitan Council

metropolitan health services. R.E. Dorrington performed a population estimation and projection for the Provincial Administration of

the Western Cape. H.D. McLeod presented two seminars to the clients of UBS Warburg, Cape Town and Johannesburg,

July 2000. Topics : Medical Scheme Reinsurance; Health Insurance Demarcation. H.D. McLeod and A.M. van den Heever presented a paper at two sessional meetings for the Actuarial

Society of South Africa, Cape Town and Johannesburg, March 2000. Topic : Demarcation and the Medical Schemes Act.

H.D. McLeod presented a paper at two seminars for the clients of ABSA, Cape Town and Johannesburg, September 2000. Topic: Healthcare Industry Reform.

H.D. McLeod designed and co-presented two-day training course for the Board of Trustees of the Transmed Medical Scheme, September 2000. Sessions presented: Introduction to medical schemes; Fiduciary Responsibility; Overview of Financial Workings of Medical Schemes.

H.D. McLeod designed and presented two one-day workshops for the Financial Oversight staff of the Council for Medical Schemes, Pretoria, in October and December 2000. Topics included : Risk factors; Medical Scheme Design; Pricing, Contribution Tables, Cross-subsidy Issues; Introduction to Managed Care; Medical Scheme Reserving; Demarcation; Reinsurance; Managed Care; Demand management and disease management; Design of managed care arrangements; Risk transfer; Capitation pricing and risk sharing; Provider solvency; Monitoring managed care. Issues facing medical schemes; Investment Policy.