CEO pay-performance sensitivity in the South African context
- Authors: Bussin, Mark
- Date: 2015
- Subjects: Performance - Management , Compensation management , Performance - Measurement , Organizational effectiveness - Measurement
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/226782 , uj:22937 , Citation: Bussin, M. 2015. CEO pay-performance sensitivity in the South African context. South African Journal of Economic and Management Sciences, 18(2):232-244. DOI: http://dx.doi.org/10.17159/2222-3436/2015/v18n2a7 , ISSN: 2222-3436 (Online) , ISSN: 1015-8812 (Print)
- Description: Abstract: The topic of executive pay-performance sensitivity has resulted in mixed research findings. Literature related to executive remuneration constructs, company performance measures and the underlying theories is critically reviewed in this article. The literature is compared to research findings within the South African context pre, during and post the Global Financial Crisis of 2008. The researcher found similar results in the South African context compared to research in other countries and industries. The research challenges the notion that there is one dominant theory driving CEO compensation. The principal-agent theory, supported by the optimal contract theory, are foremost during periods of strong economic performance, while the influence of managerial power and other behavioural theories appear to prevail during periods of weak economic performance. This article proposes some critical considerations in order to manage this tension.
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Die uitwerking van stresinokulasieopleiding op toetsangs en selfdoeltreffendheid
- Authors: Van der Walt, Ruan von Moltke
- Date: 2014-04-03
- Subjects: Test anxiety , Anxiety , Performance - Measurement
- Type: Thesis
- Identifier: uj:4651 , http://hdl.handle.net/10210/9992
- Description: M.A. (Industrial Psychology) , In reviewing current literature on the evaluation of people, it is clear that the effect of test anxiety accompanying the evaluation process may be detrimental to the individual's performance. In fact, this under achievement of apprentices doing trade tests have significant financial implications for both the individual and the organization concerned. Accordingly, to counteract this adverse effect, it has been recommended that the technique "Stress Inoculation Training" (SIT) be implemented - the end result being an improvement in the individuals' performance. Theoretical persepectives and alternative conceptual understandings of test anxiety are reviewed. In this respect an important development in the field of test anxiety treatment is research dealing with the reinforcement of the individual's ability to cope with stressful and problematic situations, for when test anxiety is reduced the person experiences a corresponding increase in self-efficacy. Self-efficacy plays an important role in a person's belief that he or she can perform to achieve a desired result. In addition, a high degree of self-efficacy has a strong motivational effect. It is suggested therefore, that learning experiences be so designed as to improve self-efficacy, perseverance and performance. This performance can be achieved by the skills taught in SIT. It is also stressed that SIT is a comprehensive approach for the control of stress-related problems.
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The formulation of performance measurements for software development projects
- Authors: Hughes, Wayne Guy
- Date: 2014-02-05
- Subjects: Performance - Measurement , Computer software development - Management , Project management - Evaluation
- Type: Thesis
- Identifier: uj:3662 , http://hdl.handle.net/10210/9047
- Description: M.B.A , The performance of project delivery in the software development domain has a poor history of successes. This research focused on identifying some of the reasons for this poor performance for software development projects in order to propose a possible framework for measuring and evaluating a software development project's performance. The proposed framework is intended to link individual project performance into the strategic performance measurements for an organisation and hence includes the aspect of being able to evaluate an individual project's performance relative to other projects within a programme, organisation or industry. The research was conducted through in-depth interviews and literature studies. The following three Key findings resulted from this study: • Firstly that unless an organisation establishes upfront what the intended use of the measurements is, as well as how they as an organisation and project define "project success" in terms of their overall objectives, any measurements taken will be oflittle value. • Secondly that there is still strong support for the generic measurements of Time, Cost, and Quality all within good customer relations, however, these need to take into account the aspects of project complexity, project management skills, the team fit and the accuracy of the estimates. • Thirdly that the ultimate framework adopted by an organisation for measuring and evaluating project performance should be simple without being simplistic and hence should be generic and easy to implement across a broad range of projects.
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The management of performance measurement in the implementation of the integrated quality management system
- Authors: Makaota, Tshekiso Walter
- Date: 2012-08-16
- Subjects: School management and organization - South Africa , Performance - Measurement
- Type: Mini-Dissertation
- Identifier: uj:9541 , http://hdl.handle.net/10210/5968
- Description: M.Ed. , The point of departure with this research project is that in 1996 the National Department of Education established a National Task Team on Education Management Development to review South Africa's education system and to make recommendations to improve the management of education (Department of Education, 2000c). In addressing the challenges and opportunities facing the education system in South Africa, various reform initiatives have been implemented including the introduction of curriculum reform of which one is the Integrated Quality Management System (IQMS). There has been a move towards shared decision-making whereby the School Management Teams (SMTs) and educators play a significant role hence the need to identify and overcome the challenges faced by the SMT in the management of the Performance Measurement (PM). The research was prompted by questions such as: What challenges are there for the management of Performance Measurement? What recommendations can the SMT apply to overcome these challenges? How can Performance Measurement be managed to improve professional development of educators? The literature review in chapter two revealed that the management of Performance Measurement (PM) could impact significantly on educator performance and individual development. The occurring continuous changes in the new appraisal system that prevail in our education system are in most cases, not educator friendly. Chapter three gave an overview of the research design and the methodology used. A description of what "quantitative research" entails and how it compares to qualitative research was given. The advantages and disadvantages of the questionnaire as an instrument of collecting data for this investigation were also discussed. It concluded with a breakdown of the biographical details which consisted of tables substantiated by pie graphs. Chapter four analysed and interpreted the data collected. The data was subjected to the Kaiser-Meyer-Olkin measure of sampling test. Th thirty one (31) items were subjected to two successive factor analytic procedures that reduced the items to three factors. These factors were named: Effective management of Performance Measurement, Individual competence and Participative decision-making. The overall observation was that the literature findings concluded that the way SMTs manage the Performance Measurement system based on the responses indicated that educators are generally satisfied with its implementation. Chapter five concluded with key findings and recommendations of this study. Contextual factors and the pay and salary progressions play a role in the management of the PM and the improvement of performance. The involvement of educators in the management of the PM and instructional decision-making, and the maintenance of a constant flow of vital information among educators and the SMT should be encouraged to overcome the challenges in managing PM. Opinions of educators must be valued, and the staff must be kept informed of the SMT's quality effort to manage the PM system effectively. The education authorities together with policy-makers must implement a consultative approach to involve educators. Their inputs with regard, trends and in class experience are vital to implement or formulate policy and practices that will ensure the the success of the management of the PM system.
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