Managing economic transformation and organisational change in the banking industry
- Authors: Geduld, Earl
- Date: 2020
- Subjects: Economic development , Organizational change , Banks and banking
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/451354 , uj:39767
- Description: Abstract: Economic transformation is a fundamental principle and important tool in addressing the socio-economic challenges facing South African society. The banking industry, as an integral player in creating the diverse disparities in the country and society, is also an integral player to address these serious anomalies. The industry, with its influential financial and commercial advantage, has a key role in empowering and enabling individuals and communities to social and economic growth. However, efforts to transform the banking industry to support the greater economic transformation of society and the country as a whole, have proven to be lack-lustre and dismal at best. The aim of the study was to identify challenges experienced by banking industry in meeting its transformation objectives to support socio-economic development, and to propose a strategic framework to the industry to address the challenges encountered. A qualitative study was conducted to gain deeper understanding of the issues relating to the study topic and objectives. A purposive non-probability sampling technique was used to select a sample of 13 participants who were directly and indirectly involved in the banking industry. These participants included 8 middle managers from 6 different banks, as well as 5 participants at a senior management level in the finance ministry and National Treasury, the South African Revenue Service, the Ministry for Public Enterprise, the Ministry for Co-operative Governance, and the Banking Association of South Africa. Data was collected from the participants using semi-structured focus group interviews and semi-structured face-to-face interviews respectively. The interviews were recorded and transcribed as permitted by all participants. Data was subsequently analysed using qualitative content analysis... , M.Com. (Business Management)
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The impact of bank intermediation on economic growth in South Africa, 1981-2007
- Authors: Mashele, Shighughudwana
- Date: 2010-11-09T06:26:59Z
- Subjects: Economic development , Banks and banking , Finance
- Type: Thesis
- Identifier: uj:6958 , http://hdl.handle.net/10210/3467
- Description: D.Litt. et Phil. , This study essentially is about the correlation between finance and economic growth. The research hypothesis postulates a direct causal correlation between bank-intermediated finance and economic growth in South Africa (SA) during the reference period. International research findings give mixed signals on the role, if any, that finance plays in economic growth. In the past, many economic commentators ignored the role of finance in economic growth, or argued that finance had no direct role in economic growth. However, contemporary research tends to assign a positive role for finance in economic growth. This has implications for economic policy-making, because policies which promote bank intermediation indirectly contribute towards enhancing prospects for economic growth, and vice versa. An innovative dimension in the discourse on the finance-economic growth nexus is introduced in this study by means of qualitatively linking bank regulation to economic growth. It is argued in this thesis that bank regulation influences the intensity and scope of the mobilisation and allocation of loanable funds in an economy. If the financial regulatory regime restricts banks from optimising their mobilisation of surplus funds, and the subsequent allocation of credit for productive investment, then the prospects for economic growth will be diminished. On the contrary, financial regulatory policies that promote bank intermediation are also likely to enhance prospects for economic growth. Moreover, financial regulation that unwittingly triggers financial crises, such as bank runs, will be harmful to the performance of the economy. This emphasises that financial regulation should be designed to create an environment in which stability reigns in the financial markets.
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