An investigation into stakeholder inclusivity and the board’s ability to create competitive advantage at South Africa’s “big five” retail banks
- Authors: Wolhuter, Darren Wilfred
- Date: 2022-04-06
- Subjects: Stakeholder management South Africa , Strategic planning South Africa , Banks and banking South Africa , Corporate governance South Africa , Competition , Resource-based theory
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284548 , vital:56073
- Description: Stakeholder theory has long put forth the concept that managerial attention must be given to all stakeholders towards the realisation of value creation opportunities. Through the process of stakeholder engagement, and through the adoption of stakeholder inclusivity principles, an organisation can position itself to reap the benefits of understanding the legitimate needs and interests of all its stakeholders by seeking to satisfy all its stakeholders in turn. This study analysed the integrated reports of five retail banks, whose main base of operations were in South Africa, to assess the board’s ability to create value for its stakeholders through adopting a stakeholder inclusive approach to corporate governance as advocated for by the King Code on Corporate Governance in South Africa – King IV™. This assessment was done through an examination of a selection of outcomes relevant to the banking industry and related to each of the six capitals that form part of the value creation process as indicated for in the Integrated Reporting Framework (IIRC, 2013): 1) Financial Capital, 2) Manufactured Capital; 3) Intellectual Capital; 4) Human Capital; 5) Social and Relationship Capital, and; 6) Natural Capital. The results obtained, over a three-year period – 2018 to 2020, revealed that while the directors had a firm understanding of who their material stakeholders were, they struggled to create value that catered to all their stakeholders collectively. In addition, the directors were also unable to create sustainable value over the assessment period. As a result of this, most banks, with the exception of one, were unable to realise the value creation opportunities that could have led to a potential source of competitive advantage. The study concludes that while no observable sustainable competitive advantage was evident over the period of assessment, the concept of stakeholder inclusivity is an important corporate governance principle that drives value creation and, as such, warrants more attention from the director’s point of view. This research is intended to contribute to the growing knowledge on the importance of stakeholder inclusivity in corporate governance execution. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
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- Date Issued: 2022-04-06
The design of a performance space for the Zip Zap Circus in the Johannesburg City Centre
- Authors: Fouche’, Daniel
- Date: 2021-12
- Subjects: Theaters -- Designs and plans , City planning -- South Africa --Johannesburg
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/58794 , vital:60122
- Description: Historically, news of a travelling circus coming to town created an atmosphere of anticipation andexcitement amongst all ages within a community. Normally the daily lives of the towns people were a monotonous routine, making the novelty and flamboyancy of the circus’s arrival an occasion to remember; the biggest day of the year showcased the greatest show on earth. Carnival processions would parade around the main streets and animate the whole town in order to gather people and subsequently lead the way to the big top tent. This spectacle brought entertainment to communities who would not normally be exposed, or have access, to environments made up of this wonder and excitement. In turn, to run away and join the circus was an attractive thought to the youth living in these mundane circumstances. Having been given a glimpse into what a theatrical life portrayed; especially self-expression and a strong community essence, the circus instilled something enchanting within the youth from otherwise difficult, diverse and indifferent backgrounds. Similarly, the UK collective Archigram, responded to the grey modernist environment with an architecture that appealed to the people through hyper-sensual events. The group imagined worlds that were both physically, or digitally, mobile; providing a moment in time in which a small village could experience events reminiscent of a city metropolis. Consequently, this treatise unpacks the popular works and research of Archigram to understand the relevance of an eccentric postmodern approach to modern-day placemaking within the Johannesburg city centre. A daily life of struggle and survival became common within the city centre as it started to see its decline in the early 80s. What was once the home of jazz, art, politics and insurgent popular aspirations now represents inner-city decay, dereliction and urban sprawl. The removal of major investments from what was the central business district has left city dwellers and their environment as victims of crime, violence and abandonment. The design of a performance space therefore aims to bring upliftment and celebration to the city through the circus ideal. The outcome is a world-class act that promotes social cohesion, creates opportunities, unlocks potential and transfers skills to the South African youth. Through proving a unique moment in time, people are given the opportunity to escape their reality and momentarily believe in a little bit of magic. , Thesis (MArch) -- Faculty of Engineering, the Built Environment and Technology, School of Architecture, 2021
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- Date Issued: 2021-12