The impact of employee remuneration inequalities on employee productivity in the South African workplace
- Authors: Van Zyl, Gerhardus
- Date: 2021
- Subjects: Remuneration gap , Fixed-panel data estimations , The Sen index
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/479839 , uj:43417 , Citation: Van Zyl, G., 2021, ‘The impact of employee remuneration inequalities on employee productivity in the South African workplace’, Journal of Economic and Financial Sciences 14(1), a633. https:// doi.org/10.4102/jef.v14i1.633 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: This article is part of an ongoing research project on various aspects of employee productivity in the South African workplace. Research purpose: The aim of this article is to determine firm-based employee productivity impacts as a result of employee remuneration inequalities (excess-remuneration and underremuneration) in the South African workplace. Motivation for the study: The study focuses on understanding the impact and magnitude of employee remuneration inequalities on employee productivity in a unionised South African workplace. Research design: The article adopts two distinct estimation models. The aim of the additive multivariate linear estimation model is to determine the sign and the significance of the impact of both under- and excess-remuneration levels on employee productivity when employee characteristics such as levels of training, work experience and managerial involvement are considered. The second model is a fixed-effect panel data estimation where the full sample set of the relevant firm-based data is used. The aim of the panel data estimations is to estimate the robustness of the additive multivariate linear estimates. The manufacturing industry of Gauteng has been chosen as the case study, given the importance of this industry, in the gross geographical product of Gauteng province and the availability of firm-based data. Main findings: Estimation results indicate a strong and significant negative impact of underremuneration on employee productivity levels. Excess-remuneration levels have a small positive impact on employee productivity levels. Practical/managerial implications: The estimations indicate the necessity to eliminate remuneration inequalities and opt for equalised remuneration structures for similar occupations in the market to enhance employee productivity levels. Contribution/value-added: The study contributes to our understanding of the impact of remuneration inequalities for similar occupations on employee productivity.
- Full Text:
- Authors: Van Zyl, Gerhardus
- Date: 2021
- Subjects: Remuneration gap , Fixed-panel data estimations , The Sen index
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/479839 , uj:43417 , Citation: Van Zyl, G., 2021, ‘The impact of employee remuneration inequalities on employee productivity in the South African workplace’, Journal of Economic and Financial Sciences 14(1), a633. https:// doi.org/10.4102/jef.v14i1.633 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: This article is part of an ongoing research project on various aspects of employee productivity in the South African workplace. Research purpose: The aim of this article is to determine firm-based employee productivity impacts as a result of employee remuneration inequalities (excess-remuneration and underremuneration) in the South African workplace. Motivation for the study: The study focuses on understanding the impact and magnitude of employee remuneration inequalities on employee productivity in a unionised South African workplace. Research design: The article adopts two distinct estimation models. The aim of the additive multivariate linear estimation model is to determine the sign and the significance of the impact of both under- and excess-remuneration levels on employee productivity when employee characteristics such as levels of training, work experience and managerial involvement are considered. The second model is a fixed-effect panel data estimation where the full sample set of the relevant firm-based data is used. The aim of the panel data estimations is to estimate the robustness of the additive multivariate linear estimates. The manufacturing industry of Gauteng has been chosen as the case study, given the importance of this industry, in the gross geographical product of Gauteng province and the availability of firm-based data. Main findings: Estimation results indicate a strong and significant negative impact of underremuneration on employee productivity levels. Excess-remuneration levels have a small positive impact on employee productivity levels. Practical/managerial implications: The estimations indicate the necessity to eliminate remuneration inequalities and opt for equalised remuneration structures for similar occupations in the market to enhance employee productivity levels. Contribution/value-added: The study contributes to our understanding of the impact of remuneration inequalities for similar occupations on employee productivity.
- Full Text:
Impacting accounting education using integrated information and communication technologies
- Dasoo, Nazreen, Bornman, Marina, Rhodes, Raymond J.
- Authors: Dasoo, Nazreen , Bornman, Marina , Rhodes, Raymond J.
- Date: 2020
- Subjects: Accountancy education , Impact analysis , Information and communication technologies
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/455230 , uj:40284 , Citation: Dasoo, N., Bornman, M. & Rhodes, R.J., 2020 ‘Impacting accounting education using integrated information and communication technologies’, Journal of Economic and Financial Sciences 13(1), a540. https://doi.org/ 10.4102/jef.v13i1.540 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: Computers, especially in the form of information and communication technologies (ICT), have changed the procedures through which bookkeeping and accounting are accomplished in business. Modern debates centre on the veracity and methodology of including of ICT in accounting education. This study assessed the impact of one method of integrating ICT in accounting education, as adopted by the University of Johannesburg (UJ) in one diploma offering. This method has been termed ‘subject integrated information and communication technologies’ (SIICT). Research purpose: The purpose of this study was to evaluate the impact that the integration of ICT into certain subjects (SIICT) has had on selected key role players of the diploma in Accounting. This section of the study evaluates this impact on the students by comparing the outcomes of two cohorts of students. Motivation for the study: In 2011, UJ replaced National Diploma offerings in Accounting with a new diploma in Accounting that integrated ICT into two core subjects. This impact study evaluated the integration, which used a theoretical model of integration that was untested in its application. Research approach/design and method: This case study, designed as an impact study, tested the impact of integrating ICT into the core modules of the diploma. Data collection was based on a mixed-method data collection model and included research questionnaires to the students, recorded observations of lecturers, interviews with lecturers and a document investigation. Main findings: The students were positively impacted through (1) completing their studies in a shorter time, (2) the time to obtain employment being shortened, (3) fewer students studying further and (4) experiencing a greater sense of work preparedness and confidence during interviews. Practical/managerial implications: The average time that students spend studying is shorter, freeing university resources and costing the student less money. Different methods of study are applied, and the students are more engaged as the subjects become more ‘real to life’. Contribution/value-add: Employers’ acceptance of the changes and the student comments reflect an earlier engagement with work at their place of employment.
- Full Text:
- Authors: Dasoo, Nazreen , Bornman, Marina , Rhodes, Raymond J.
- Date: 2020
- Subjects: Accountancy education , Impact analysis , Information and communication technologies
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/455230 , uj:40284 , Citation: Dasoo, N., Bornman, M. & Rhodes, R.J., 2020 ‘Impacting accounting education using integrated information and communication technologies’, Journal of Economic and Financial Sciences 13(1), a540. https://doi.org/ 10.4102/jef.v13i1.540 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: Computers, especially in the form of information and communication technologies (ICT), have changed the procedures through which bookkeeping and accounting are accomplished in business. Modern debates centre on the veracity and methodology of including of ICT in accounting education. This study assessed the impact of one method of integrating ICT in accounting education, as adopted by the University of Johannesburg (UJ) in one diploma offering. This method has been termed ‘subject integrated information and communication technologies’ (SIICT). Research purpose: The purpose of this study was to evaluate the impact that the integration of ICT into certain subjects (SIICT) has had on selected key role players of the diploma in Accounting. This section of the study evaluates this impact on the students by comparing the outcomes of two cohorts of students. Motivation for the study: In 2011, UJ replaced National Diploma offerings in Accounting with a new diploma in Accounting that integrated ICT into two core subjects. This impact study evaluated the integration, which used a theoretical model of integration that was untested in its application. Research approach/design and method: This case study, designed as an impact study, tested the impact of integrating ICT into the core modules of the diploma. Data collection was based on a mixed-method data collection model and included research questionnaires to the students, recorded observations of lecturers, interviews with lecturers and a document investigation. Main findings: The students were positively impacted through (1) completing their studies in a shorter time, (2) the time to obtain employment being shortened, (3) fewer students studying further and (4) experiencing a greater sense of work preparedness and confidence during interviews. Practical/managerial implications: The average time that students spend studying is shorter, freeing university resources and costing the student less money. Different methods of study are applied, and the students are more engaged as the subjects become more ‘real to life’. Contribution/value-add: Employers’ acceptance of the changes and the student comments reflect an earlier engagement with work at their place of employment.
- Full Text:
Policy research in accounting : a doctrinal research perspective
- Authors: Coetsee, Daniël
- Date: 2019
- Subjects: Accounting , Accounting policy research , Descriptive research
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/397926 , uj:33100 , Citation: Coetsee, D., 2019, ‘Policy research in accounting: A doctrinal research perspective’, Journal of Economic and Financial Sciences 12(1), a405. https://doi.org/10.4102/jef. v12i1.405 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: The accounting literature acknowledged that a gap exists between accounting research and accounting practice and supported the argument that accounting research does not significantly contribute to accounting practice. Research purpose: The purpose of this article is to evaluate the appropriateness of applying the research approaches identified in doctrinal research to the accounting policy debate. Motivation for the study: The article is motivated by calls for accounting research, accounting standard-setters and accounting practice to work together to address the identified gap. Research approach, design and method: The theoretical article interpreted the research approaches of doctrinal research for application in accounting research by following a structured approach of assessing each research approach separately. Main findings: The article found that doctrinal research used logical argumentation of hermeneutics as foundation for the authoritative interpretation of practical documents. In applying aspects of hermeneutics, doctrinal research includes descriptive, interpretative, normative, critical and comparative research approaches, depending on the desired outcome of the research. Practical/managerial implications: The article provides different research approaches that could be used by researchers to apply doctrinal research to assess the development of new policies in accounting. Contribution/value-add: Hermeneutics and the different research approaches applied in doctrinal research add value by creating a research framework to conduct accounting policy research on accounting doctrines developed in practice. More methodological rigour is therefore created for accounting policy research and helps to bring practice and research closer to each other.
- Full Text:
- Authors: Coetsee, Daniël
- Date: 2019
- Subjects: Accounting , Accounting policy research , Descriptive research
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/397926 , uj:33100 , Citation: Coetsee, D., 2019, ‘Policy research in accounting: A doctrinal research perspective’, Journal of Economic and Financial Sciences 12(1), a405. https://doi.org/10.4102/jef. v12i1.405 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: The accounting literature acknowledged that a gap exists between accounting research and accounting practice and supported the argument that accounting research does not significantly contribute to accounting practice. Research purpose: The purpose of this article is to evaluate the appropriateness of applying the research approaches identified in doctrinal research to the accounting policy debate. Motivation for the study: The article is motivated by calls for accounting research, accounting standard-setters and accounting practice to work together to address the identified gap. Research approach, design and method: The theoretical article interpreted the research approaches of doctrinal research for application in accounting research by following a structured approach of assessing each research approach separately. Main findings: The article found that doctrinal research used logical argumentation of hermeneutics as foundation for the authoritative interpretation of practical documents. In applying aspects of hermeneutics, doctrinal research includes descriptive, interpretative, normative, critical and comparative research approaches, depending on the desired outcome of the research. Practical/managerial implications: The article provides different research approaches that could be used by researchers to apply doctrinal research to assess the development of new policies in accounting. Contribution/value-add: Hermeneutics and the different research approaches applied in doctrinal research add value by creating a research framework to conduct accounting policy research on accounting doctrines developed in practice. More methodological rigour is therefore created for accounting policy research and helps to bring practice and research closer to each other.
- Full Text:
Withholding tax on interest : who has the withholding obligation?
- Bornman, Marina, Horn, Charl, Barnard, Lizanne
- Authors: Bornman, Marina , Horn, Charl , Barnard, Lizanne
- Date: 2019
- Subjects: Withholding tax , Interest , Non-resident
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/403734 , uj:33843 , Citation: Bornman, M., Horn, C. & Barnard, L., 2019, ‘Withholding tax on interest: Who has the withholding obligation?’, Journal of Economic and Financial Sciences 12(1), a473. https:// doi.org/ 10.4102/jef. v12i1.473 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: Non-residents receiving interest from a South African source will be taxable in terms of the gross income definition in the South African Income Tax Act. Effective 01 March 2015, new provisions for withholding of tax on interest (WTI) to non-residents were incorporated in the Act with the purpose of simplifying the collection of tax from non-residents. Research purpose: This article aimed to seek clarity on who ‘the person is who makes payment’ of the interest in order to suggest an amendment to the Act. Motivation for the study: When dealing with debt instruments, the issuer of the instrument and the ‘payer’ of the interest might not always be the same person as intermediaries might be involved in the transactions. The provisions on WTI do not clarify who has the withholding obligation in the case of an intermediary, and uncertainty may therefore arise on who the ‘payer’ of the interest is. Research approach/design and method: Using a doctrinal method, the article reviewed and interpreted South African legislation and commentary related to the topic and also turned to international legislation dealing with WTI for guidance. Main findings: It was found that the only person who would be in a position to withhold the withholding tax is the person who is seen as the last client-facing entity or intermediary. Practical/managerial implications: Two suggestions are offered with regard to amending the provisions on WTI, namely to split the withholding obligation between the issuer and the intermediary and to define ‘intermediary’. Contribution/value-add: This study provides clarity on ‘who the payer of the interest’ is on whom the withholding obligation rests.
- Full Text:
- Authors: Bornman, Marina , Horn, Charl , Barnard, Lizanne
- Date: 2019
- Subjects: Withholding tax , Interest , Non-resident
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/403734 , uj:33843 , Citation: Bornman, M., Horn, C. & Barnard, L., 2019, ‘Withholding tax on interest: Who has the withholding obligation?’, Journal of Economic and Financial Sciences 12(1), a473. https:// doi.org/ 10.4102/jef. v12i1.473 , ISSN: (Online) 2312-2803
- Description: Abstract: Orientation: Non-residents receiving interest from a South African source will be taxable in terms of the gross income definition in the South African Income Tax Act. Effective 01 March 2015, new provisions for withholding of tax on interest (WTI) to non-residents were incorporated in the Act with the purpose of simplifying the collection of tax from non-residents. Research purpose: This article aimed to seek clarity on who ‘the person is who makes payment’ of the interest in order to suggest an amendment to the Act. Motivation for the study: When dealing with debt instruments, the issuer of the instrument and the ‘payer’ of the interest might not always be the same person as intermediaries might be involved in the transactions. The provisions on WTI do not clarify who has the withholding obligation in the case of an intermediary, and uncertainty may therefore arise on who the ‘payer’ of the interest is. Research approach/design and method: Using a doctrinal method, the article reviewed and interpreted South African legislation and commentary related to the topic and also turned to international legislation dealing with WTI for guidance. Main findings: It was found that the only person who would be in a position to withhold the withholding tax is the person who is seen as the last client-facing entity or intermediary. Practical/managerial implications: Two suggestions are offered with regard to amending the provisions on WTI, namely to split the withholding obligation between the issuer and the intermediary and to define ‘intermediary’. Contribution/value-add: This study provides clarity on ‘who the payer of the interest’ is on whom the withholding obligation rests.
- Full Text:
- «
- ‹
- 1
- ›
- »