Dissertations / Theses on the topic 'Growth opportunities'
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Greenspan, Lisa Cheryl. "Running head : opportunities for personal growth." Thesis, City University London, 2010. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.546735.
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Danielson, Morris G. "Firm value, growth opportunities, and leverage /." Thesis, Connect to this title online; UW restricted, 1996. http://hdl.handle.net/1773/8793.
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Albee, Melissa J. "Opportunities for spiritual awakening and growth in mothering." [Tampa, Fla] : University of South Florida, 2008. http://purl.fcla.edu/usf/dc/et/SFE0002397.
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Molchan, Michael E. "Growth Opportunities and Extreme Market Reactions to Mergers and Acquisitions: Do Growth Targets Generate Extreme Announcement Day Returns?" Miami University / OhioLINK, 2021. http://rave.ohiolink.edu/etdc/view?acc_num=miami1618924024777613.
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Harbol, Samuel Charles. "Forest Management Opportunities at Working Woods at Holden Arboretum." Cleveland State University / OhioLINK, 2021. http://rave.ohiolink.edu/etdc/view?acc_num=csu1631813778769591.
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Zaman, Farhana. "Characterization of selective epitaxial graphene growth on silicon carbide: limitations and opportunities." Diss., Georgia Institute of Technology, 2012. http://hdl.handle.net/1853/43624.
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The need for post-CMOS nanoelectronics has led to the investigation of innovative device structures and materials. Graphene, a zero bandgap semiconductor with ballistic transport properties, has great potential to extend diversification and miniaturization beyond the limits of CMOS. The goal of this work is to study the growth of graphene on SiC using the novel method of selective graphitization. The major contributions of this research are as follows - First, epitaxial graphene is successfully grown on selected regions of SiC not capped by AlN deposited by molecular beam epitaxy. This contribution enables the formation of electronic-grade graphene in desired patterns without having to etch the graphene or expose it to any detrimental contact with external chemicals. Etching of AlN opens up windows to the SiC in desirable patterns for subsequent graphitization without leaving etch-residues (determined by XPS). Second, the impact of process parameters on the growth of graphene is investigated. Temperature, time, and argon pressure are the primary growth-conditions altered. A temperature of 1400oC in 1 mbar argon for 20 min produced the most optimal graphene growth without significant damage to the AlN capping-layer. Third, first-ever electronic transport measurements are achieved on the selective epitaxial graphene. Hall mobility of about 1550 cm2/Vs has been obtained to date. Finally, the critical limitations of the selective epitaxial graphene growth are enumerated. The advent of enhanced processing techniques that will overcome these limitations will create a multitude of opportunities for applications for graphene grown in this manner. It is envisaged to be a viable approach to fabrication of radio-frequency field-effect transistors.
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Bashir, Yusuf. "Next generation business intelligence software, areas for growth & opportunities for innovation." Thesis, Massachusetts Institute of Technology, 2011. http://hdl.handle.net/1721.1/65795.
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Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2011.Cataloged from PDF version of thesis.
Includes bibliographical references (p. 54-55).
In today's world, as the volume of business and consumer data continues to grow at an unprecedented pace, there is increasing desire to utilize that data in new and innovative and ways to provide insight and improve decision making. For businesses, data is being generated from transactions, machine logs, digital media and feeds from sensors and wireless devices at a volume and velocity not seen before. When combined with data from external sources such as partners, or from the Internet from blogs, social networking sites, YouTube, Facebook and Twitter, it has the capability to provide organizations with new insight, a more holistic picture of customer and stakeholder behavior and new ways of gaining competitive advantage. Consumers are being presented with applications of increasing analytical sophistication, leading to growing comfort in making fact-based decisions. New devices will help monitor energy usage within the home and provide insight on the optimal times to schedule devices and run household appliances. As data volumes continue to grow, systems will need to automate the uncovering of patterns and trends in data if they are to scale. Business Intelligence (BI) software, which has traditionally been used to gain insight from data, will need to evolve and new capabilities developed to support these significant changes. Areas of growth and opportunities for new innovation within the BI software industry will be explored that will enable stakeholders to take full advantage of this new and exciting opportunity.
by Yusuf Bashir.
S.M.
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Wu, Wenjie. "Growth opportunities, state shareholding and corporate policy choices of listed Chinese firms /." View Abstract or Full-Text, 2002. http://library.ust.hk/cgi/db/thesis.pl?FINA%202002%20WU.
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Thesis (M. Phil.)--Hong Kong University of Science and Technology, 2002.Includes bibliographical references (leaves 73-77). Also available in electronic version. Access restricted to campus users.
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Morrison, Heather. "The dramatic growth of open access : implications and opportunities for resource sharing." Haworth Press, 2006. http://hdl.handle.net/2429/953.
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The Open Access movement seeks to make scholarly, peer-reviewed journal articles freely available to anyone, anywhere over the World Wide Web. There were some very significant developments in the area of Open Access (OA) in 2004, including statements by major funders in support of Open Access. There are now so many Open Access scholarly journal articles freely available, that, in the author’s opinion, being aware of, and using, the resources and related tools is now essential for libraries. Libraries can provide more resources faster for users by supplementing paid resources with ones that are Open Access.
Library resources, such as link resolvers, are beginning to incorporate Open Access materials and web searches for Open Access materials. For example, the reSearcher software suite includes Open Access collections along with subscription-based resources in the CUFTS journals knowledgebase, and a web search for an Open Access copy of an article in the GODOT link resolver. SFX also incorporates Open Access journals. After exhausting more traditional resources, interlibrary loans staff are beginning to include Google searching in their workflow.
This article will discuss what Open Access is, the dramatic growth of Open Access, and major collections, resources and tools. Implications, issues, and leadership opportunities for resource sharing specialists will be explored.
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Day, Robert Watson. "Crystal Growth on One-Dimensional Substrates: Plateau-Rayleigh Crystal Growth and Other Opportunities for Core/Shell Nanowire Synthesis." Thesis, Harvard University, 2015. http://nrs.harvard.edu/urn-3:HUL.InstRepos:17464133.
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Nanowires hold significant promise for both fundamental studies and technological applications ranging from energy conversion to electronics to biological sensing. The detailed understanding of nanowire synthesis and the realization of new synthetic approaches have enabled precise control over their size, morphology, and composition, and, consequently, their material properties. While much of the work on synthesis in the literature relates to axial nanowire growth, where growth proceeds in the direction of its long axis, this thesis has focused on probing the unique opportunities of shell growth, where material deposits radially around a nanowire core. To this end, I will show, first, that faceted Si core/shell nanowires can be synthesized with embedded pn junctions and that these structures can function as efficient photovoltaic devices with enhanced light absorption properties distinct from bulk Si devices. Second, through choice of reactants and reaction conditions used for shell growth, we demonstrate fine control over the size and morphology of these nanowires, which, in turn, drastically enhances their light absorption at particular wavelengths. Finally, we report for the first time a growth phenomenon that is unique to one-dimensional materials and which combines the underlying physics of the Plateau-Rayleigh instability with crystal growth. By exploiting this phenomenon, which we term Plateau-Rayleigh crystal growth, we demonstrate the growth of periodic shells on one-dimensional substrates. Specifically, we show that for conditions near the Plateau-Rayleigh instability the deposition of Si onto uniform-diameter Si cores, Ge onto Ge cores, and Ge onto Si cores can generate diameter-modulated core/shell nanowires. Rational control of deposition conditions enabled tuning of distinct morphological features, including diameter-modulation periodicity, amplitude and cross-sectional anisotropy. More generally, Plateau-Rayleigh crystal growth highlights the opportunities in understanding the thermodynamics and kinetics unique to crystal growth on nanowires and other low dimensional systems.Chemistry and Chemical Biology
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Åkerman, Niklas. "Learning strategies for international growth : On knowledge acquisition and opportunity realization." Doctoral thesis, Linnéuniversitetet, Institutionen för organisation och entreprenörskap (OE), 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-52549.
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Literature on firm internationalization has pointed out knowledge and learning as central components in the internationalization process. While much research has emphasized the development of experience in the firm as the main source of new knowledge, this notion has also been challenged. Furthermore, in internationalization literature, most attention has been paid to market entry and far less to growth in the market thereafter. This research addresses how internationalizing firms capture growth opportunities by acquiring new knowledge in foreign markets. The purpose is to describe and explain how internationalizing firms learn about foreign markets by combining various knowledge sources in order to realize growth opportunities in these markets. To address this purpose, data from two steps of data collection is analyzed. The first step contains qualitative focus-group data from seven Swedish firms and aims to describe learning from a combination of knowledge sources, which leads to the development of a typology of learning strategies. The tentative results from the first step are established in the second step, which contains survey data from 144 internationalizing Swedish firms. In addition to validating the typology, data from the second step explains heterogeneous knowledge outcomes based on differences in learning strategies, suggesting that a diversified strategy has the greatest potential for learning. These results indicate that external knowledge matters more than what has been previously recognized. Furthermore, the results show curvilinear effects of knowledge of the local network and international spread on the realization of international growth opportunities. By integrating components from international entrepreneurship, this research may contribute to internationalization-process literature by (1) describing the typology of how internationalizing firms learn in foreign markets, (2) establishing the described types and explaining the knowledge consequences for internationalizing firms, and (3) explaining how this knowledge impacts the ability to realize international opportunities. This chain of components provides the links between learning and growth of the internationalizing firm beyond the initial market entry.
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Stillisano, Jacqueline. "Mentoring preservice teachers : opportunities for professional learning and growth in professional development schools." Virtual Press, 2004. http://liblink.bsu.edu/uhtbin/catkey/1302161.
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The purpose of this study was to explore a particular opportunity for experienced teachers to continue to learn and grow professionally within the context of their daily practice. Using the cooperating teacher/preservice teacher dyad as a framework, the study explored reciprocity of professional learning and growth in mentoring relationships.The participants, six secondary teachers from two Professional Development Schools, had each mentored one or more preservice teachers during their careers. Identified through non-probability sampling, the participants represented both genders, several disciplines, and career spans of 3 to 30 years.Data were collected through a series of three semi-structured, phenomenologically based interviews with each participant. Additional data were provided through researcher observations and a reflective research journal kept by the researcher during the data collection and analysis. All interviews were tape recorded and transcribed in their entirety. Individual case narratives were developed for each participant and a cross-case analysis of the individual case studies was performed. An inductive analysis of the data identified five discrete yet overlapping themes: professional pride, collegial relationships, sources of new learning, personal/professional growth, and professional renewal.Each theme encompassed several sub-themes. Sub-themes comprising the theme of professional pride included giving back, making a difference, touching the future, learning to teach, and the real world. The second theme, collegial relationships, was comprised of breaking the isolation of the classroom, teacher talk, mentoring meetings, and time. Sources of new learning included modeling, observing, and evaluating. The theme of personal/professional growth encompassed new roles and responsibilities and interaction with the university. Professional renewal was comprised of three sub-themes: challenges, enthusiasm of student teachers, and revival of mentor teachers' enthusiasm.The five identified themes and attendant sub-themes provided insight into the participants' interpretations of their experiences and their understanding of the meaning of the experiences to them as professional educators. While the research centered on the mentor teachers' perceptions and explored the psychosocial and career benefits offered to them through the experience of mentoring, its value would be increased by expanded study on the subject and its implications for teachers, schools, and colleges of education.Department of Educational Studies
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te, Velde Rob. "The Influence of Corporate Governance Quality and Growth Opportunities on Firms’ Payout Policy." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-377179.
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This paper examines the effect of corporate governance quality on firms’ payout policy. We analyze a global sample of 3,904 firms (25,773 firm-year observations) over the period 2002-2016. I find that corporate governance quality is positively related to payout ratios, consistent with the perspective of the free cash flow hypothesis (Jensen, 1986) and the outcome dividend model (LLSV, 2000). Moreover, consistent with findings of Mitton (2004) the positive relationship between firm’s corporate governance and dividend payout mainly holds for countries with strong shareholder or creditor protection, suggesting that firm-level corporate governance and country-level protection rights are complements rather than substitutes. This study also shows that firms with high corporate governance quality are less likely to disburse cash to their shareholders when controlling for country-level shareholder rights. Furthermore, this study contributes to the existing literature by investigating share repurchases and finds that well governed firms distribute less cash through share repurchases and total payout when they experience high growth opportunities. Moreover, the results suggest that countries that experience stronger shareholder and creditor rights reduce the positive impact that corporate governance quality has on share repurchases and total payout.
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Connell, Richard Perry. "Opportunities for LNG supply infrastructure and demand growth in US and International markets." Thesis, Massachusetts Institute of Technology, 2004. http://hdl.handle.net/1721.1/33428.
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Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Ocean Engineering, 2004.Includes bibliographical references (leaves 142-146).
Countries are looking beyond their borders for options to satiate a forecasted increase in natural gas consumption. A strong option for importing natural gas is by way of a liquefied natural gas (LNG) supply chain where natural gas is liquefied, transported in special tankers, and regasified at the destination. Research was conducted to determine a method of evaluating the feasibility of such a project. A computer-based simulation model was created to calculate financial metrics for potential LNG projects based on unique inputs such as annual production, distance, and natural gas market and commodity price. Potentially feasible projects are based on the resulting metrics as well as interpretations of risk, and a source's ability to meet a consuming market's demand requirements. Financially, the most attractive projects were the short haul routes to countries with high market prices. However, due to risk and supply inadequacy, it was determined that markets with the most growth to satisfy were best supplied by countries with the most adequate resources.
by Richard Perry Connell.
S.M.
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Hu, May Yung. "Asian Americans and Pacific Islanders in higher education leadership challenges and opportunities for growth /." Diss., Restricted to subscribing institutions, 2008. http://proquest.umi.com/pqdweb?did=1692725411&sid=1&Fmt=2&clientId=1564&RQT=309&VName=PQD.
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Wu, Jinhan. "The effect of corporate governance and growth opportunities on dividend payout; does cross-listing matter?" Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-347198.
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Using a sample of 434 firms listed on U.S. capital markets, including Over-the-counter, and 356 domestically listed firms from 47 countries during 2010 to 2015, this research confirms corporate governance’s positive effect, as well as growth opportunities’ negative effect on firm’s dividend payout. Then, based on the proved relationship above, this research also finds support that cross-listing and Over-the-counter both strengthen the positive relationship between growth opportunities and dividend payout. Meanwhile, although cross-listed and Over-the-counter firms do have stronger corporate governance, no evidence is observed for their strengthening the negative effect of corporate governance on dividend payout.
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Banford, Paulette C. "Program development of the Growth Opportunities model a nonprofit supervision, psychotherapy and volunteer exchange program /." View full text, 2005.
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Kwok, Siu-man, and 郭小雯. "Land use opportunities: the Hong Kong Chek Lap Kok International Airport to enhance economic growth." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2003. http://hub.hku.hk/bib/B31261085.
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Warnich, Sonja. "Public transport as a catalyst for development opportunities along the Northern growth corridor, Cape Town." Thesis, Cape Peninsula University of Technology, 2006. http://hdl.handle.net/20.500.11838/1449.
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Thesis (MTech (Town and Regional Planning))--Cape Peninsula University of Technology, 2006This research study explores corridor development and the various impacts on its su"ounding urban environment. These impacts include socio-economic influences, land-use changes, movement and transport needs and a critical look at development control, with specific emphasis on densities. The functioning of activity ~idors differs depending on the specific contexts. For this reason it is useful to investigate theory, as well as local and intemational case studies to have a clear understanding of what a corridor is and how it can be beneficial. This research not only explores corridor development in the context of the Developing World, but includes the Developed World context in the investigation phase of the study. This study is significant in that it is not only relevant to the Developing World or Developed World countries, but can be applied to both. This study focuses on the role ofpublic transport in corridor development. Public transport can be seen as the catalyst for development that is needed along the NGC. At present the public transport system in the sub-region does not comply with envisioned demands and needs. This is a major concem for the City of Cape Town as it is generally accepted that public transport must play an important role in the economic and social integration and upliftment all along the NGC, as far north as the town ofAt/antis. It is contended that the value of this research project will lie in providing a clear understanding of the term corridor development and its relevance to the Northern Growth Corridor, and possibly to most others.
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McCutcheon, Jefferson Scott. "Effects of Forage Source on Growth, Carcass Characteristics, and Market Opportunities for Lambs Finished on Forage." The Ohio State University, 2014. http://rave.ohiolink.edu/etdc/view?acc_num=osu1409026495.
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Jogis-Laats, Jan Fee Frank E. "Victim of merger mania? a qualitative study on German media giant Bertelsmann AG's international strategies and growth opportunities /." Chapel Hill, N.C. : University of North Carolina at Chapel Hill, 2006. http://dc.lib.unc.edu/u?/etd,103.
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Thesis (M.A.)--University of North Carolina at Chapel Hill, 2006.Title from electronic title page (viewed Oct. 10, 2007). "... in partial fulfillment of the requirements for the degree of Master of Arts in the School of Journalism and Mass Communication." Discipline: Journalism and Mass Communication; Department/School: Journalism and Mass Communication, School of.
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Malan, Johannes Hendrik Josephus. "Pension fund investment in unlisted companies as a means of stimulating economic growth in Namibia : risks and opportunities." Thesis, Stellenbosch : Stellenbosch University, 2012. http://hdl.handle.net/10019.1/95582.
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Thesis (MBA)--Stellenbosch University, 2012.Poverty reduction, employment creation and economic growth are priorities in the development of Namibia. Although Namibia has a relatively high domestic savings rate in the form of long-term insurance, unit trust and pension contributions, these savings do not translate into economic growth and job creation. Under Regulation 28 of the Pension Funds Act, Namibian pension funds are required to invest a minimum of 35% of pension fund assets in the domestic economy, with a minimum of 5% of assets to be invested in unlisted entities. Both measures are aimed at using domestic savings to stimulate economic growth. Regulation 28 also requires pension funds to diversify the investments of assets across different asset classes, both domestically and internationally, in order to reduce exposure to the risk posed by a specific asset class. Taking cognisance of the additional risks involved in investment in unlisted entities, Namibian legislators drafted Regulation 29 through which these pension fund investments in unlisted entities are to be made once Regulation 29 is promulgated. Such investments will take the form of private equity investments, although provision is made for debt financing of unlisted entities. This research paper investigates the potential risks and benefits associated with the requirement to invest in unlisted entities, and whether draft Regulation 29 will provide sufficient safeguards to mitigate the risks to pension funds of investing in this asset class. Regulation 29 has been drafted taking into consideration lessons learned from the experience of the Government Institutions Pension Fund in investing in unlisted entities. In order to invest in unlisted entities, draft Regulation 29 requires pension funds to invest in a special purpose vehicle through which investments are made in portfolio companies that have been identified by unlisted investment managers. Pension funds will not be allowed to make direct investments in unlisted entities. The draft regulation details the contractual relationship between the pension fund and the various parties to the unlisted investment. It imposes strict reporting requirements on the pension fund, the special purpose vehicle and the unlisted investment manager, and creates a heavy regulatory burden for the Namibian Financial Institutions Supervisory Authority as the regulator. In addition to access to sufficient funds for private equity investments, adequate investment opportunities, appropriate experience and skills of managers in the industry, and a supportive regulatory environment, private equity investors require ways to exit their investments, either through listing on a stock exchange or disposing of investments on a secondary market.
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Yeoh, Daniel Ghee Chong, and danielyeoh@cimb com my. "An Empirical Examination of Physical Asset Expenditure Announcements in Australia: Growth Opportunities, Free Cash Flow and Capital Market Monitoring." The Australian National University. Commerce, 2001. http://thesis.anu.edu.au./public/adt-ANU20010702.160428.
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This thesis examines the stock market price variations associated with physical asset expenditure announcements in Australia. With the exception of the study of Chen and Ho (1997) in Singapore, most capital expenditure studies in other markets investigate the announcement effects associated with changes in budgeted capital expenditures. The fact that there is almost never any firm level capital budget announcement in Australia presents a unique opportunity to examine individual physical asset expenditure announcements.
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Three primary hypotheses pertaining to growth opportunities, free cash flow theory, and the capital market monitoring argument are developed and tested. These arguments are formulated to explain the abnormal return variations associated with physical asset expenditure announcements. The growth opportunities hypothesis posits that the abnormal returns at physical asset expenditure announcements are positively related to a firm's growth opportunities. Both free cash flow theory and capital market monitoring hypothesis postulate that the abnormal returns at physical asset expenditure announcements are negatively related to a firm's free cash flow, and cash flow respectively. Other control explanators are incorporated from the merger and takeovers literature.
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Event study methodology is used to examine the abnormal returns associated with physical asset expenditure announcements. Two sets of data, intraday and daily, are used to investigate the market reaction. Intraday returns are calculated on a time-weighted approach and two methods are used to calculate intraday abnormal returns. The first method defines abnormal returns as the difference between actual returns and market returns. The second method defines abnormal returns as the difference between market-adjusted returns and market-adjusted returns on a control portfolio. Daily abnormal returns are calculated using the market model.
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Both univariate and multivariate analyses provide strong support for the growth opportunities hypothesis. The results suggest the quality of firms' growth opportunities is the key variable determining the direction and magnitude of the abnormal returns at announcement. Support for the capital monitoring argument and the free cash flow theory is mixed, generally with a lack of support. The free cash flow variable is found to be significantly negatively related to abnormal returns, only when a finer dummy is used in the multivariate regression. All other control variables are found to be insignificant in explaining the stock market variations once the growth opportunities variable is included in the regression.
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This thesis makes the following contributions. First, this thesis presents the initial empirical evidence concerning physical asset expenditure announcements in Australia. Second, the thesis shows that the quality of a firm's growth opportunities is the key factor in determining the direction and magnitude of abnormal returns around physical asset expenditure announcements. These results also suggest that the equity market in Australia reacts to physical asset expenditure announcements which contain information pertaining to growth opportunities rather than the relative size of the physical asset expenditure transactions to firm value. Third, support for the capital monitoring argument and the free cash flow theory is not strong. Fourth, all other control variables are found to be insignificant in explaining the stock market variations once market to book ratio is included in the regression. Fifth, the results suggest that prior research which fails to segregate market to book ratio and free cash flow proxy into finer partitions may have possibly underestimated the market to book and the free cash flow effects.
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Barnett, Jyl Marie. "Farm-to-school in Humboldt County : opportunities for economic growth for small farmers and strategies for change in public schools /." California : Humboldt State University, 2005. http://hdl.handle.net/2148/21.
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Tshehla, Maloba Gerard. "Barriers to, and policy opportunities for, the growth of renewable energy technologies in South Africa : rethinking the role of municipalities." Thesis, Stellenbosch : Stellenbosch University, 2014. http://hdl.handle.net/10019.1/86279.
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Thesis (MPhil)--Stellenbosch University, 2014.ENGLISH ABSTRACT: Amid the climate change crisis of the 21st century, South Africa faces its own, tailor-made challenges. In its attempt to contribute to the global effort to mitigate climate change and achieve sustainable development, South Africa faces the challenge of a history steeped in cheap electricity - the curse of an abundance of coal. The municipality, as the lowest leg of governance, currently finds itself at a tough nexus, involving; municipal mandates to provide basic services; the possible financial risks of implementing RETs; the regulatory ambiguity surrounding electricity generation and distribution jurisdiction; and the necessary implementation of RETs as a means of addressing the growing risk of revenue loss from reduced electricity sales as consumers install their own RETs, and as a contribution to national climate change mitigation. This nexus is herein referred to as the ‘municipal dilemma’. This thesis, via a complex systems approach, explores the major barriers and policy opportunities in the implementation of renewable energy technologies (RETs) by municipalities embedded within the larger ambit of the South African government, as they attempt to address what the author has termed the ‘municipal dilemma’. What is especially interesting and relevant about a complex systems approach is the notion of learning and therefore adaptability. In light of municipalities and their role in the South African context, the notion of systems learning affords a unique perspective into the municipal dilemma and means of overcoming it. From a literature analysis of policy, through to a specific case study of Hessequa municipality, this study sought to assist municipalities in addressing this dilemma. South Africa’s energy and municipal management policies starting from the Constitution, is found to be conducive to the growth of RETs. Furthermore, there are clear channels through which municipalities can engage with these new technologies to address the municipal dilemma. What is seen to hinder this process is a web of institutional, political and regulatory barriers stemming from the over-politicization of the country’s energy sector - a direct result of a long history entrenched in coal-fired electricity generation. What was found lacking in the South African energy debate was the perspective of the municipality itself, which is ultimately tasked with catering for the energy needs of South African citizens while participating in national efforts. The notion that municipalities are best positioned to be influential in the growth of RETs is reinforced by the literature explored and through a complex systems approach. To effectively play their role, municipalities must: (a) be creative and bold in their development of appropriate policies to support RETs; (b) align their efforts with provincial and national programmes and simultaneously influence these programmes through municipal experience; (c) take advantage of systems in place, such as the Integrated Development Plan (IDP) process, to gradually build capacity within the municipality to manage increasingly complex RET implementation; (d) develop long-term strategies which, as per the tenets of complex systems theory, must feed from and into the ever-changing national and global landscape. This thesis posits that the municipal dilemma not only needs to be addressed, but offers the municipality a unique opportunity to rethink its role in the South African context. It has been found that a conducive regulatory environment is on the rise in the South African energy context. This environment, however, still requires much input from municipalities which are well positioned to offer direction to the policy creation process. In doing so, municipalities not only address the municipal dilemma, by also take their place as custodians of sustainable development.
AFRIKAANSE OPSOMMING: Te midde van die krisis van die 21ste eeu, naamlik die uitdaging van klimaatverandering, staar Suid-Afrika sy eie, unieke uitdagings in die gesig. Met die nodigheid om by te dra tot die globale poging om klimaatsverandering te versag en volhoubare ontwikkeling mee te bring, is Suid-Afrika gekonfronteer met die uitdaging van 'n geskiedenis ‘ryk’ in goedkoop elektrisiteit - die vloek van 'n oorvloed steenkool. Hierdienooreenkomstig bevind die munisipaliteit, as die laagste been van regering, homself in 'n moeilike krisispunt, naamlik die handhawing van die grondwetlike mandaat om basiese dienste te verskaf, en om ekonomiese ontwikkeling te verseker, maar tog by te dra tot die land se volhoubare ontwikkeling. Dit is uiters moeilik om alle aspekte genoegsaam aan te spreek, en hierna word verwys as die munsipale dilemma. Ter oorweging van die munisipaliteit as ingebed in 'n groter stelsel, naamlik die Suid-Afrikaanse konteks, en met 'n komplekse stelselsbenadering om die munisipale dilemma aan te spreek, ondersoek hierdie tesis die groot struikelblokke tot, en beleidsgeleenthede vir, die implementering van hernubare energietegnologie deur munisipaliteite. In terme van die komplekse stelsels benadering is veral belangrik die opvattings van leer en dus aanpasbaarheid van die stelsels en hul relevansie vir die Suid-Afrikaanse konteks. Uit 'n ontleding van die beleidsliteratuur, en deur ‘n spesifieke gevallestudie van Hessequa munisipaliteit, poog hierdie studie om munisipaliteite te help in die aanspreek van hul dilemma. Daar is gevind dat Suid-Afrika se energie- en munisipale bestuursbeleid, vanaf die Grondwet, die groei van hernubare energietegnologie bevorder. Verder is daar duidelike kanale waardeur munisipaliteite betrokke kan raak by hierdie nuwe tegnologie ten einde die munisipale dilemma aan te spreek. Hierdie proses word wel verhinder deur 'n web van institusionele, politieke en regulatoriese hindernisse, wat spruit uit die oorverpolitisering van die land se energie-sektor; 'n direkte gevolg van 'n lang geskiedenis verskans in steenkool-aangedrewe opwekking van elektrisiteit. Wat ontbreek in die Suid-Afrikaanse energie-debat is die perspektief van die munisipaliteit self, wat uiteindelik getaak is met die adressering van die behoeftes van die Suid-Afrikaanse samelewing, met gelyktydige deelname aan nasionale pogings. Die plaaslike en globale gevallestudies lig talle gemeenskaplike temas uit en vorm die basis van die gevolgtrekkings van hierdie tesis. Die idee dat munisipaliteite die beste geposisioneer is om invloedryk te wees in die groei van hernubare energietegnologie word versterk deur die literatuur ondersoek en deur middel van 'n komplekse sisteem benadering tot die gevallestudies. Om effektief te wees in hul rol, moet munisipaliteite (a) kreatief en dapper wees in hul ontwikkeling van toepaslike beleide om dié tegnologieë te ondersteun; (b) hul pogings in lyn bring met provinsiale en nasionale programme en terselfdertyd hierdie programme beïnvloed deur munisipale ervaring; (c) voordeel trek uit stelsels wat reeds in plek is om geleidelik kapasiteit op te bou binne die munisipaliteit om die toenemend komplekse hernubare energie implementering te bestuur; en (d) langtermyn strategieë ontwikkel in die steeds veranderende nasionale en internasionale landskap. Hierdie tesis postuleer dus dat die munisipale dilemma nie net aangespreek moet word nie, maar bied die munisipaliteit 'n unieke geleentheid om sy rol in die Suid-Afrikaanse konteks te heroorweeg. Wat bevind is, is dat toepaslike beleid reeds bestaan en dat munisipaliteite hul plek kan inneem as bewaarders van volhoubare ontwikkeling.
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Haswell, Michael P. "East Los Angeles soccer club| Elite playing opportunities for underserved student-athletes with a focus on academic and leadership growth." Thesis, California State University, Long Beach, 2017. http://pqdtopen.proquest.com/#viewpdf?dispub=10239744.
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This capstone project lays the groundwork for launching a non-profit soccer club in East Los Angeles focused on using soccer as the motivation to develop student athletes academically and as leaders in their school, home, and community. There is a need for sport opportunities in underserved neighborhoods, many benefits that being a part of a sports team can have, and sports development programs currently operating that are doing it well. Elite youth soccer in the United States is available only to those with money and parental support. East Los Angeles is barren of any such opportunity with poor local fields, gang violence, single-family homes, less than ten percent of residents with a bachelors degree, and roughly one-third below the poverty line. This club will work to overcome these obstacles by providing opportunity for elite soccer, mentoring, and tutoring in a safe, fun, and respectful environment.
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Makhitha, K. M. (Khathutshelo Mercy). "An Investigation into buyer behaviour of craft retailers in South Africa." Thesis, University of Pretoria, 2013. http://hdl.handle.net/2263/40271.
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The SA government has identified the craft industry as a key focus area contributing to sustainable development, economic growth and employment opportunities. However the industry faces many challenges such as global competition and lack of resources. More importantly, craft producers in SA cannot access the craft retailer market successfully which limit their financial success.
The purpose of this study is to investigate the buyer behaviour of craft retailers in SA. The specific focus of the study is to investigate the buying process followed by craft retailers, to determine the importance of supplier selection criteria used to evaluate suppliers, as well as to determine the sources of information that craft retailers use most often when searching for suppliers.
A self-administered survey was conducted among craft retailers and a sample of 233 were realised. The descriptive statistics are reported as well as factor analysis, ANOVA and MANOVA results.
Findings indicated that the buying process craft retailers go through are extensive and that certain stages are also more often used than others. No statistical significant differences were found between the types of craft retailers or the years of buying experience and the stages of the buying process.
„Product quality‟ was considered the most important supplier selection criteria followed by „product is exciting and attractive‟ and „product styling and design‟. Statistical significant differences were found between different types of craft retailers and the importance they attach to selected supplier selection criteria but no significant differences were found for the years of buying experience.
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The results also indicated that craft retailers consult certain information sources more often than others. Information sources were grouped into three factors after the factor analysis: internal and personal information, promotional information and print advertising. The statistical significant differences were found between the different types of craft retailers and their use of promotional information sources but no differences were evident for the other two sources, namely internal and personal and print advertising.
The study resulted in a proposed marketing strategy for craft producers to enable them to market their craft products more effectively to crafts retailers.Thesis (PhD)--University of Pretoria, 2013.
gm2014
Marketing Management
unrestricted
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Bonhomme, Raphael. "Analysis of international market strategy and growth opportunities for the garment industry in Bulgaria : a case applied to C&A." Master's thesis, Vysoká škola ekonomická v Praze, 2014. http://www.nusl.cz/ntk/nusl-192699.
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The thesis attempts to analyze the international business strategy of the company C&A and its search of growth opportunities for the context of Bulgaria. The study relates to international business issues and successively provides a comprehensive overview of potential in the retail industry in Bulgaria as well as critical analysis on the interest of the company to internationalize its activity on the market. The thesis brings sufficient baseline whether to enter the market and how to be successful there.
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Maziwisa, Michelle Rufaro. "An examination of the legal framework governing opportunities and barriers to economic development in Southern Africa: a case study of Zimbabwe." Thesis, University of the Western Cape, 2016. http://hdl.handle.net/11394/6184.
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Doctor Legum - LLDThis thesis examines the legal framework of Zimbabwe to determine if the laws and policies which are in place create opportunities for, or barriers to, economic development. Specifically, it examines the legal framework governing trade, investment and financial services. The thesis focuses on Zimbabwe as a case study and draws lessons from South Africa. It proceeds from the premise that despite the numerous attempts made at international, regional and domestic levels to increase economic development (such as through liberalisation of markets and access to international development finance), Zimbabwe has failed to attain 'developed country' status. The purpose of the thesis is to examine the causes of poor economic performance in Zimbabwe postindependence (post-1980).
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Trimbach, Kara Elizabeth. "Examining Perceptions of Obesity-Related Training Opportunities and Needs for Head Start Health and Nutrition Managers." Miami University / OhioLINK, 2020. http://rave.ohiolink.edu/etdc/view?acc_num=miami1588247558473111.
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Burns, Mikaila Marie. "Mapping the Gap: Using Growth Opportunity Items and Principles as well as Design Thinking to Eliminate the Creative Achievement Gap." The Ohio State University, 2014. http://rave.ohiolink.edu/etdc/view?acc_num=osu1408964827.
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Islam, Silvia Zia, and silvia islam@rmit edu au. "Choice of financing method with market timing and liquidity: evidence from Australia." RMIT University. Economics, Finance and Marketing, 2009. http://adt.lib.rmit.edu.au/adt/public/adt-VIT20091029.135938.
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This thesis examines the capital structure choice of Australian firms with an emphasis on the impact of market timing and liquidity considering 1438 available firms for the period, 1997 to 2005. The relationship between capital structure and its determinants is the main focus of this thesis, with four empirical analyses. These analyses are all conducted within the Baker and Wurgler (2002) and Hovakimian (2006) models with both pooled ordinary least squares (OLS) and fixed effect panel analysis. The theory of market timing introduced by Baker and Wurgler (2002) has received considerable attention in recent years. Baker and Wurgler (2002) contend that past market timing has a long lasting impact on capital structure and thus, capital structure is the cumulative outcome of the past attempts at equity market timing. This thesis examines the Baker and Wurgler (2002) argument in an Australian context. It is found that the variation in leverage was explained by the market-to-book ratio and the effect of market-to-book ratio was explained by equity issues as market timing theory implies. However, the results are sensitive to data sample choice with variation in the strength of the negative relationship observed between external finance weighted average market-to-book and leverage. This suggests that while market timing appears to affect capital structure choice, it does not support the hypothesis that past market timing decisions have a long lasting impact on Australian firm capital structure. Hovakimian ( 2006) questions the Baker and Wurgler (2002) conclusion about firm behaviour and finds evidence that past market-to-book ratio has a significant impact on current financing decisions because it contains information about growth opportunities, not captured by the current market-to-book ratio. This thesis also examines the Hovakimian (2006) argument and finds evidence to support the argument of Hovakimian (2006) that, growth opportunities provide a reasonable explanation for the past market-to-book ratio effect for Australian firms. Analysis also focuses on broad industry differences. And it is found that there are significant differences between mining and non-mining firm in the determinants of capital structure. Finally, the impact of liquidity on Australian capital structure choice is analysed within the context of the Baker and Wurgler (2002) and Hovakimian (2006) models. It is found that liquidity is important to a firm's leverage choice. There is evidence that liquid firms tend to have lower leverage. Further, while liquidity has little effect on the sensitivity of leverage to market-to-book for Baker and Wurgler (2002) filtered data, a liquidity effect is evident in a broader set of four standard deviation filtered data. It is also found that greater liquidity is associated with less sensitivity of leverage to cash flows and that the asset tangibility relation with leverage is also sensitive to liquidity. Finally, there is evidence that more liquid firms are more sensitive in their tendency to revert to some long run leverage value.
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Oliveira, Rossimar Laura. "Estudos sobre o relacionamento entre estrutura de capital e setor." Universidade de São Paulo, 2018. http://www.teses.usp.br/teses/disponiveis/12/12139/tde-25102018-170606/.
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Esta tese é composta por três artigos que exploram a relação entre estrutura de capital e o setor. A literatura traz evidências que as firmas consideram as ações e decisões de seus pares competidores para tomar suas próprias decisões e que dentro deste ambiente elas podem ter estruturas de capital homogêneas. O objetivo geral é encontrar evidências que fatores relacionados ao setor são relevantes na determinação da estrutura de capital das firmas brasileiras. A contribuição está na busca pelos motivos que explicam esta influência e se os padrões do setor são importantes para as empresas brasileiras, como têm se mostrado para dados de empresas americanas. Esta tese se justifica por contribuir diretamente com as pesquisas que buscam avançar na compreensão de como os fatores relacionados ao setor vão afetar a estrutura de capital das firmas, sem desconsiderar os fatores internos. O primeiro capítulo é um artigo teórico que revisa os artigos publicados sobre o papel do endividamento nas relações intrasetor, competição e Organização Industrial. A relação da alavancagem com desempenho e sobrevivência é um dos temas principais. Os estudos revisados mostram que muitas vezes a firma endividada vai ter pior desempenho no mercado devido ao comportamento predatório das rivais. Não há consenso sobre o comportamento da firma endividada, existem autores que acreditam no comportamento mais agressivo, outros no comportamento mais conservador, assim como a falência de uma firma no setor pode trazer resultados positivos ou negativos para as demais. O segundo capítulo é um artigo empírico que utiliza as alterações de IPI realizadas pelo governo brasileiro como choques exógenos na relação entre alavancagem da firma e do setor. Foram utilizados dados de empresas brasileiras entre 2007-2015. O modelo econométrico utilizado foi o diff-in-diff-in-diff. Os resultados mostram uma relação positiva entre a alavancagem média do setor e da firma, relação esta que se mantém para o grupo de tratamento após a inclusão do choque exógeno de redução do IPI no modelo. Estes resultados se alinham com trabalhos que colocam o setor no centro dos aspectos influenciadores da estrutura de capital da firma. O terceiro e último capítulo também é um artigo empírico onde, em um modelo de ajustamento parcial, a relação entre oportunidades de crescimento de uma firma, quando maiores que as oportunidades de crescimento do setor, vão representar possíveis choques exógenos idiossincráticos recebidos por ela. Foram utilizados dados de empresas brasileiras entre 1995-2016. Os resultados principais confirmam que existe uma relação negativa, se há aumento da razão das oportunidades de crescimento da firma i em relação às oportunidades de crescimento do seu setor j, seus indicadores de alavancagem serão reduzidos, se houver queda na razão das oportunidades de crescimento, haverá aumento da alavancagem. Estes resultados estão ligados a trabalhos que afirmam que empresas com maiores oportunidades de investimento são mais eficientes, tem maior lucratividade e vão procurar manter níveis mais baixos de alavancagem e à Teoria da Agência quando demonstra que as firmas com baixas oportunidades de investimento usam o aumento da dívida como forma de controle dos gerentes.This doctoral dissertation is composed of three papers that explore the relationship between capital structure and the Industry. Literature brings evidence that firms consider the actions and decisions of their competing peers to make their own decisions and they may have homogenous capital structures. The primary objective is to find evidence that industry factors are relevant in determining the capital structure of Brazilian firms. The study contribution is clarifying the reasons for this influence and answering if the industry\'s standards are important for the Brazilian companies as they have been as shown for the data of American companies. This dissertation is justified by contributing to the researches that advance in the understanding of how the industry\'s factors will affect the capital structure of the firms, without disregarding the internal factors. The first chapter is a theoretical article that reviews papers about the role of debt in the intraindustry relations, competition and Industrial Organization. The relationship of leverage with performance and survival is one of the main themes. The reviewed studies show that often the indebted firm will poorly perform on the market due to the predatory behavior of rivals. There is no consensus about the behavior of the indebted firm, there are authors who believe in more others in less aggressive behavior, as well as the bankruptcy of one firm in the industry can bring positive or negative results to others. The second chapter is an empirical investigation that uses IPI benefits (tax benefit) offered by the Brazilian government as an exogenous shock in the relationship between firm and industry leverage. We used data from Brazilian companies between 2007 and 2015. The econometric model used was diff-in-diff-in-diff. The results show a direct relationship between the mean industry leverage and the firm\'s leverage. The same remains for the treatment group after inclusion of exogenous shock of IPI reduction in the model. These results are aligned with studies that consider the industry as the principal influencing aspect of the firm\'s capital structure. The third and final chapter is also an empirical investigation using a partial adjustment model. The relationship between a firm\'s growth opportunities, when larger than the industry\'s growth opportunities, will represent possible received idiosyncratic exogenous shock. The Data is from Brazilian companies between 1995 and 2016. The main results confirm that there is an inverse relationship. If the ratio of growth opportunities of firm i compared with the growth opportunities of its industry j increase, than its leverage indicators will be reduced. If there is a decrease in the growth opportunities, than there will be increased leverage. These results are related to papers that show companies with greater investment opportunities are more efficient, have higher profitability and will try to maintain lower levels of leverage. These results are also related to Agency Theory, when it demonstrates that firms with low investment opportunities use the increase debt as a managerial control tool.
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Kalnins, Mattias, and Tobias Pettersson. "Tillväxtmöjligheter på Indiska marknaden : En uppsats om svenska energiteknikföretags potential att lyckas i Indien med förnybara energikällor." Thesis, Mälardalens högskola, Akademin för innovation, design och teknik, 2014. http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-24434.
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Indien är en tillväxtmarknad med många möjligheter; det är en plats för nytänkande och frugala innovationer. Frugala innovationer är ett fenomen som Indien är välkänt för. I grunden uppstår frugala innovationer genom sparsamhet i processen för att ta fram effektiva lösningar. Kunskapen om frugala innovationer och dess förhållningssätt kopplat till svenska energiföretag som är inom branschen för förnybara energikällor är dock begränsad. Därför är innovationsmyndigheten Vinnova och Energimyndigheten intresserade av att se om det finns potential för ett antal svenska energiteknikföretag att lyckas etablera sig på Indiens marknad för förnybara energikällor, där effektivitet och sparsamhet är viktigt. Undersökningen har skett genom en kvalitativ forskningsmetod i form av intervjuer med de företag som har varit tillgängliga och även med en expert med kunskap om den Indiska marknaden. Teorier har främst hämtats ifrån tryckt litteratur och vetenskapliga artiklar. Under studiens gång arbetade författarna fram en modell som kan användas för att bedöma ett företags förmåga att etablera sig på en främmande marknad. I modellen ingår ett antal viktiga aspekter inom områden som ekonomi, innovation, marknad och tillväxt. Forskningen har kommit fram till slutsatser om samtliga undersökta företags potential att lyckas i Indien. I studien fann författarna att om man ska ha potential att lyckas på den Indiska marknaden, ska man bland annat ha en aktuell och effektiv produkt, stark ekonomi, konkurrenskraftighet samt marknadsmöjligheter.India is an emerging market with many opportunities; it's a place for rethinking and frugal innovations. Frugal innovation is a phenomenon that India is well known for. Frugal innovations arise by thrift in the process of developing effective solutions. Knowledge about the frugal innovations and its approach linked to Swedish energy companies that is in the business of renewable energy is limited. Therefore, the innovation agency Vinnova and the Swedish Energy Agency (Energimyndigheten) are interested to see if there is potential for a number of Swedish energy companies to establish in the Indian market for renewable energy, where efficiency and economy are important. The survey was done by a qualitative research in the form of interviews with the companies that have been available and also an expert with knowledge of the Indian market. Theories were mainly collected from printed literature and scientific articles. During the study, the authors came up with a model that can be used to estimate a company's ability to establish itself in a foreign market. The model includes a number of important aspects, such as financial aspects, innovation, market and growth. The research has come to conclusions about all the studied companies potential to succeed in India. In the study, the authors found that if you're going to have the potential to succeed in the Indian market, you should have an up-to-date and effective product, strong economy, competitiveness and market opportunities.
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Kudrimoti, Sanjay. "Two essays on financial condition of firms." [Tampa, Fla] : University of South Florida, 2008. http://purl.fcla.edu/usf/dc/et/SFE0002734.
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Silva, Vinicius Augusto Brunassi. "The role of bond covenants and short-term debt: evidence from Brazil." reponame:Repositório Institucional do FGV, 2011. http://hdl.handle.net/10438/8826.
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This paper examines the relationship between covenants, short-term and long-term debt with companies which face growth opportunities. Using a sample of 159 Brazilian corporate bonds, we found evidence that: 1) Covenants and short-term debt are substitute tools to minimize agency conflict, since they presented a negative and significant relation and; 2) The negative relation between short-term debt and growth opportunities might be attenuated in the presence of covenants.
Esta dissertação tem como objetivo analisar a relação entre covenants e alavancagem financeira no curto e longo prazo com oportunidades de crescimento. A partir de uma amostra de 159 debêntures, encontramos evidência de que: 1) Covenants e dívida de curto-prazo podem ser considerados substitutos na atenuação do conflito de agência, uma vez que apresentaram relação negativa e significante e; 2) A relação negativa existente entre dívida de curto prazo e oportunidades de crescimento pode ser reduzida através da utilização de covenants.
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Yeh, Hsien-Hung. "The Impact of Macroeconomic Conditions, Economic Development and Government Industrial Policy on Capital Structure of Firms: Evidence from Taiwan." Thesis, Griffith University, 2009. http://hdl.handle.net/10072/365407.
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The thesis examines the impact of macroeconomic conditions, economic development and government industrial policy on capital structure. These three macro-level factors have been neglected by most of the voluminous studies on capital structure that have emerged since Modigliani and Miller’s irrelevance propositions in 1958. Very few studies have examined the impact of macroeconomic conditions and economic development on capital structure. In the case of macroeconomic conditions, a few studies on capital structure have analysed this variable in the context of default risk or investor protections while, in regards to economic development, a handful of studies have found that the impact of economic development on capital structure varies amongst countries. No study on capital structure decisions has examined the impact of government industrial policy. Thus, the effect of these three important variables on capital structure is not yet clearly established in the literature. The thesis therefore addresses this knowledge gap.
The investigation of these three factors is conducted based on the Partial Adjustment Model, i.e. PAM, of Capital Structure that the thesis reformulates. The thesis considers two important situations that have not been addressed by previous studies based on PAM – when firms are under financial constraint of either over-leverage or under-leverage relative to their target capital structure. Unlike previous studies, the thesis investigates macroeconomic conditions, economic development and government industrial policy guided by the agency theory of capital structure and with consideration given to growth opportunities. The thesis research is undertaken in the context of Taiwan – a country that has recently joined the ranks of developed countries after successfully transforming itself from being a Third World country, and with industries that are widely recognised worldwide. The period of study is from 1983 to 1995. This period has been chosen due to the limited availability of data for the electronics industry before 1980 and to control for the potential impact of intervening factors such as the Asian Financial Crisis in 1997, Taiwan’s implementation of a new tax policy in 1998 and both the bubble economy and the dot-com problem in the early 2000s. The sample used in the thesis includes the listed firms in the textile, plastics and electronics industries that were financially supported by the Taiwanese government’s industrial policy during the periods of the 1960s, the 1970s to the mid-1980s and the mid-1980s to the mid-1990s...Thesis (PhD Doctorate)
Doctor of Philosophy (PhD)
Department of Accounting, Finance and Economics
Griffith Business School
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Keal, Duncan. "An investigation of changing socio-economic conditions, opportunities and development interventions in small Eastern Cape towns in South Africa." Thesis, Rhodes University, 2009. http://hdl.handle.net/10962/d1005516.
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Small towns internationally and in South Africa are becoming increasingly marginalised, and they are often experiencing economic downturn, demographic shifts and a rearticulation of their role in the urban hierarchy. In the case of South Africa many of these small towns are also faced with low levels of social development. The urgent need to address such conditions is evident by the fact that a large proportion of the South African population resides in small towns, and their surrounding hinterlands. This said, there are examples of small towns, internationally and in South Africa which, through the use of various Local Economic Development actions, have managed to remain sustainable, and in some cases become economically viable localities once again. In light of the above, the research conducted for this thesis seeks first to establish the socio-economic changes occurring over time in three small towns in the Eastern Cape Province of South Africa, namely Stutterheim, Bedford and Hamburg. Secondly, the research aims to identify the nature of LED activities in the three small towns, highlighting those factors contributing to the success of LED initiatives as well as those factors inhibiting LED in small towns. This is done with the intention of developing future lessons for LED in small towns. The research was conducted using a mix of qualitative and quantitative data generated through the interviews with key role players in each town, as well as secondary data sources. Findings from the research suggest that the small towns investigated are characterised by low levels of socio-economic development. In addition, it appears that the development opportunities for the towns are limited. Current initiatives are being driven by private role players with local government being largely uninvolved. Such initiatives are limited in nature, with benefits only felt by small groups of the local community. However, examples do exist of where LED has successfully benefited the broader spheres of the local community, thus suggesting that if implemented properly such an approach does have potential to assist in the socio-economic development of small towns. In light of this, a number of lessons are identified for LED in small towns, including the need for strong leadership, community involvement, partnerships between role players, and planning for project sustainability.
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Carpenter, Janine. "Enabling a generation of social entrepreneurs: A study to establish if the practice of social entrepreneurship offers inclusive self-employment opportunities for disenfranchised South African youth." Master's thesis, Faculty of Commerce, 2018. http://hdl.handle.net/11427/30454.
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This study is concerned with contributing to solutions that address the problems of youth unemployment, inequality and poverty in South Africa, specifically among those youth who are being marginalised from participating equally in mainstream economic activities. It argues that financial and digital exclusion, as well as poor access to a quality education, are factors which are currently limiting these youths' economic potential and perpetuating a cycle of unemployment, inequality and poverty in South Africa. The literature and theory of social entrepreneurship presents a strong case to address unemployment, inequality and poverty, as well as to stimulate economic growth by creating new business and self-employment opportunities for the youth. This qualitative grounded theory study evaluates the theory of social entrepreneurship in practice, by comparing the theory to the lived realities of some disenfranchised youths in Cape Town. The study also provides an analysis of the systems of privilege and the dual economy that exist in South Africa. Through feedback received during interviews with a representative sample of the target group, the study offers new insights into the challenges faced when young people are seeking employment or want to start a business in the South African economy. Youth social entrepreneurship development and start-up incubation programmes arguably perform a critical function in facilitating inclusive economic participation among the youth. Developing new insights, concepts and recommendations to maximise these programmes' social impact is a critical function of this study, which ultimately hopes to contribute to the creation of more inclusive entrepreneurial opportunities for disadvantaged South African youth.
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Chen, Chia-wei. "Two essays on multiple directorships." [Tampa, Fla] : University of South Florida, 2008. http://purl.fcla.edu/usf/dc/et/SFE0002509.
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Mola, James H. "A longitudinal study of the changes in staff development and professional growth opportunities as reflected in the master contracts of the public school corporations of Indiana, 1982-1983 and 1988-1989." Virtual Press, 1991. http://liblink.bsu.edu/uhtbin/catkey/833000.
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The purpose of the study was to determine if the language of the negotiated agreements of Indiana School Corporations was reflected in professional growth and staff development activities. Collective bargaining agreements during 1982-1983 and 1988-1989 from 289 Indiana School Corporations were compared to identify the existence, if any, of (a) a trend in the acknowledgement of professional growth and staff development-related statements found in the contracts, and (b) policy statements delineating how staff development activities and curriculum-related activities were to be conducted in schools. Contract language in which comparisons appeared to be significant were subjected to the Friedman Two-way Analysis of Variance (Friedman ANOVA) to determine whether or not comparisons were statistically significant at the .05 level. Such statistically significant comparisons also helped to determine whether or not school corporations incorporated contract language, which gave instructional staff a legal position in decisions which affected teacher professional growth and participation in curriculum-related matters.Conclusions1. Compared to small enrollment Indiana School Corporations (3,000 students or less), large enrollment Indiana School Corporations (3,001 or more students) were more likely than statistically expected to provide salary compensation for higher levels of teacher education training and sabbatical leave compensation at statistically significant levels of .05 or less, based upon use of the chi-square statistic.2. The research findings failed to support movement toward greater Indiana School Corporation contract language in 1982-1983 and 1988-1989 in most of the specified staff development factors under investigation in the research. Therefore, contrary to the literature which claimed that collective bargaining would be used as a vehicle for staff development change, collective bargaining has not provided structural support for such change among Indiana School Corporations.Department of Educational Leadership
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Cheng, Min-Fa, and 鄭民發. "De-capitalization, Growth Opportunities and Firm Value." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/36374049746173594977.
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碩士國立交通大學
財務金融研究所
98
This paper investigates the impact of de-capitalization on firm value for a large sample of U.S. listed firms over 2003–2007. This paper also uses the variables of financing constraints and growth opportunities to examine the relationship. The key conclusion is that we find firms make de-capitalization has a negative impact on firm value when firm made de-capitalization. Further, firms make up losses by de-capitalization has a negative impact on firm value when firm made de-capitalization. The results are also find that firm value are positively affected by cash ratio and sales growth rate , negatively affected by the growth of total assets when firm made de-capitalization. Further, our analysis provide evidence that firm value after firm made de-capitalization are positive affected by firms continue to make de-capitalization after de-capitalization and firms SEO after de-capitalization in the long-term. The result that we also find the ratio of cash flow to assets has a positive impact and the ratio of net working capital to assets has a negative impact on firm value after firm made de-capitalization in the year whatever in the long-term or short-term. Furthermore, our analysis suggests that a significant positive relationship between growth opportunities and firm value in the long-term after firm made de-capitalization in the year.
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Huang, Chin-Min, and 黃至敏. "Corporate Governance, Growth Opportunities and Firm Performance." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/08984910444508990031.
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碩士國立成功大學
會計學系碩博士班
95
We investigate whether corporate governance characteristics, following the announcement of the Corporate Governance Best-Practice Principles and related laws for companies listed in Taiwan Stock Exchange and GreTai Securities Market, are associated with firm performance. Our sample period covers both the pre-CGBPP period (2000 and 2001)and post-CGBPP period (2002 and 2003).First, we examine whether firms with independent corporate boards, CEO duality, the independence and financial expertise are associated with firm performance. Then owing to the incidence of information asymmetry is higher for growth firms, so we see firm’s growth opportunities as an organization environmental factor to examine the relationship among corporate governance, growth opportunities and firm performance. Our findings show the ratio of the independent directors and independent supervisors and if they are financial expertise are associated with increasing performance. We also find that higher growth firms with CEO isn’t the chairperson of his firm’s board of directors or with higher proportion of independent directors on the board successfully result in more effective monitoring and thus are more likely to have better firm performance. Our findings generally support the requirements of the Principles as an effective governance control to increase firm’s performance.
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Chang, Chien, and 黃建昌. "IPO Returns and Growth Opportunities-Twaiwan stock market." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/80277782457274308398.
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碩士國立中正大學
財務金融所
97
We consider a model that highlight the role of growth opportunities in determination of offer price.We offer an explanation for IPO returns by focusing on the growth premium paid by investors.IPO returns reflect at least in part risk premiums for investing in uncertain growth opportunities.We found that the initial returns is positively related to both the fraction of growth premiums and other proxies of uncertainties.
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Lin, Sian-Ming, and 林賢明. "The Impact of Corporate Governance onFirm Value：Considering Growth Opportunities." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/3ky5nu.
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碩士國立臺灣大學
會計學研究所
105
Recent financial scandals such as Enron, WorldCom, and Procomp Informatics raised a global concern about the importance of corporate governance. Using Taiwanese listed companies selected from TEJ database during year 2010-2015, this essay examines the impact of corporate governance (measured by Gov-score ) on firm value (measured by Tobin’s Q)by using the growth opportunities as a moderator. I find a positive impact of corporate governance on firm value. Moreover, I find that, as a company has more growth opportunities, the positive effect of corporate governance on firm value is strengthened.
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Ke, Li-Li, and 柯莉莉. "The association between growth opportunities and corporate financing dividend policies." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/71138901479695548552.
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碩士國立中山大學
企業管理學系研究所
90
Abstract： From previous studies we found that growth opportunity is an important factor help explaining the cross-sectional differences of firms’ dividend and financing policies. However, growth opportunities are unobservable and not measurable, scholars used different proxies to catch the idea. Prior empirical studies used market-to book, earning-price ratio, Tobin’s Q, R&D intensity, capital expenditure (deflated by book value of assets), PPE, previous sales growth as proxies for growth opportunities, but had inconsistent results. The purposes of this thesis are: first, to find out the relationship between growth opportunities and realized growth, and to determine which proxy is most suitable; second, to find the empirical evidences of the relation between growth opportunities and financing policies, growth opportunities and dividend policies support contract theories, tax-based theories or signaling theories; and finally, to find out if firm’s growth opportunities are affected by its financing and dividend policies. We examine all nonfinancial firms listed on the Taiwan Stock Exchange from 1991 to2000. We use the correlation and regression to determine the relation between growth opportunities and realized growth, then distinguish total debt ratio, short-term debt ratio, long-term debt ratio from financing policies, and dividend payout ratio, cash-dividend yield, stock dividend yield, and dividend yield from dividend policies. We use different growth opportunity proxy to separate whole sample into two subsamples, and growth as a dummy variable. We use regression to find the relation between growth and financing policies, dividend policies. Finally, we use simultaneous equation to determine the relationship among growth opportunities, financing policies and dividend policies to see if they are interdependent. Our empirical result shows that growth opportunities and realized growth have positive relations. But growth opportunities are not positively correlated with realized investment growth. Price-based proxies are often overestimate future equity market value growth. Growth firms have higher debt ratios and long-term debt ratios. The result supports contracting theory and progressive tax rate theory. Growth firms have higher short-term debt ratios, too. We can’t find the significant relation between growth opportunities and dividend pay—out ratios. Growth firms have lower cash dividend yield, and the result supports cash-flow constraint and contracting theories. There is no clear relation between stock dividend yield and growth opportunities. Through simultaneous equation, over financing and too much cash-dividend restrict firms’ growth opportunities.
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Kao, Yun-Han, and 高郁涵. "The Association among Growth Opportunities , Insider Trading and Earnings Management." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/02390276932686582919.
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碩士淡江大學
會計學系碩士班
94
Insider trading is always the focus.Prior literature provides a theoretical basis to empirical studies of insider trading and earnings management (Elitzur and Yaari,1995; Trueman,1990).But in Taiwan,there is less study that examine the relationship between insider trading and earnings management.And there is also less study that use growth opportunity as an important variable. The purpose of this study is to examine the association among growth opportunities,insider trading and earnings management.We investigate into the insider trading of the companies in stock market between 1999 and 2004. Our empirical results are as follows.(1)In insider buying sample, we find that when the insider intend to buy their owenership,they would adjust DAs to decrease earnings;(2)In insider selling sample, we find that when the insider intend to sell their owenership,they would adjust DAs to increase earnings;(3) When the company is with high growth opportunity, the insider is tend to buy .To the contary, when the company is with low growth opportunity, the insider is tend to sell; (4)When the company is with high growth opportunity, the insider would adjust discretionary accruals (DAs) to increase earnings; to the contary, when the company is with low growth opportunity, the insider would adjust DAs to decrease earnings. (5)After controlling the growth opportunities,the empirical results support the association among growth opportunities,insider trading and earnings management more.
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Hsu, Pi-Mo, and 許丕模. "Timing, Growth Opportunities and Market Reaction to Seasoned Equity Offerings." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/44286744818626471754.
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碩士輔仁大學
管理學研究所
90
This study examines the relation among timing, growth opportunities and abnormal return to seasoned equity offerings by firms having announced SEOs from 1992 to 2001. The findings of this study are as follows： 1.Market reaction to announcement is significantly positive. However, there is a price recovery after announcement date. In other words, investors might overreact to SEOs’ announcement. 2.In respect of timing： (1)For total samples and electric firms, the firms announcing SEOs at strong economic conditions have positive price reaction. (2)For total samples and non-electric firms, the coefficients of hot markets and cold markets are both statistically insignificant. (3)There is no impact on the effect of equity issue announcement either in bullish markets or bearish markets. 3.With regard to growth opportunities, there is only positive relation between market-to-book ratio and the market reaction to announced equity offerings for total samples. It implies that market-to-book ratio is the best proxy variable for growth opportunities. And the coefficients of all growth opportunities are statistically insignificant for electric and non-electric firms. 4.It shows that the coefficients of timing variables and growth opportunities variables are all statistically insignificant for total samples and non-electric firms. For electric firms, the coefficient of leading indicators is significantly positive, but market-to-book ratio isn’t. It suggests that the explanatory power of economic condition indicators for the announcement effect of SEOs is larger than the explanatory power of growth opportunities.
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Battulga, Delgermurun, and 德沐容. "Optimal Corporate Debt Policy under Growth Opportunities: Evidence from Mongolia." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/ppy3y6.
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碩士國立中正大學
國際財務金融管理碩士學位學程
107
The purpose of this study is to investigate empirically the optimal debt structure policy in relation to growth opportunities under Myers’s theoretical framework using hand-collected data sets of non-financial listed firms in Mongolia for the period from 2012 to 2018 controlling for the effects of variables including tangibility, firm size, liquidity and profitability. The empirical results regarding the debt structure of non-financial listed firms in Mongolia are consistent with Myers's theoretical framework and the trade-off theory where high growth firms prefer to borrow less. Moreover, tangibility, firm size, liquidity and profitability showed strong effects at statistically significant level in the results of the most of the regression models. The contribution of this study is to provide empirical evidence on optimal debt structure of growth firms in Mongolia, a developing country with comparably smaller capital markets, to find out whether results differ to that of previous studies which were conducted on countries with developing as well as developed capital markets.
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Khanh, Pham Duy, and 范惟慶. "Optimal Corporate Debt Policy under Growth Opportunities: The case of Vietnam." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/53319794500375097836.
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碩士國立中正大學
國際財務金融管理碩士學位學程
105
The purpose of this study is to empirically investigate the optimal debt structure policy related with growth opportunities under Myers’ theoretical framework using data sets in Vietnam. Based on a sample of 312 non-financial listed firms from 2008 to 2015, this study uses balanced panel data and employs 2 popular methods with fixed effects model (FEM) and random effects model (REM) for analyzing data. Beside growth opportunities – the major variables, this study also determines the impact of other factors on debt decisions: tax rate, firm size, tangibility, profitability and business risk. The empirical results of non-financial Vietnamese listed firms are not consistent with Myers’ theoretical framework. The Vietnamese firms prefer to borrow more debt when they have higher growth opportunities. Whereas firm size and tangibility show strong effects at significant level, tax rate has no impact to debt decisions. Firm size describes positive influence to debt structure except of long-term debt and business risk implies weak relationship with financial leverage.