According to the Reserve Bank of Australia (2006) the increased supply of Commercial Mortgage-Backed Securities (CMBS), with a range of subordination, has broadened the investor base in real estate debt markets and reduced the commercial property sector’s dependence on bank financing The CMBS...

A number of economic models have been applied to analyse theCommon Agricultural Policy. The partial equilibrium models CAPRI,ESIM, AGLINK, AGMEMOD and CAPSIM and the general equilibriummodels GLOBE and GTAP are currently integrated in a modellingplatform for Agro-Economic Policy Analysis in the...

Empirical analysis of rural credit market failure has been of key scientific and political interest in recent years. The aim of this paper is to give an overview of various methods for measuring credit rationing of farms employed in the literature. Furthermore, based on a common analytical...

Financial institutions make use of a variety of delivery channels for servicing their customers. The primary channel utilised as a means of acquiring new customers and increasing market share is through the retail branch network. The 1990s saw the Internet explosion and with it a threat to...

ENGLISH ABSTRACT: Several studies have shown that abnormal returns can be generated simply by buying past winning stocks and selling past losing stocks. Being able to predict future price behaviour by past price movements represents a direct challenge to the Efficient Market Hypothesis, a...

In today’s business environment it is widely accepted that innovation is key to improving theeconomic performance of companies (Van der Panna et al. 2003) and for achieving andsustaining a competitive advantage in the market place.Based on the definition of radical innovation, a radical...

This thesis explores the innovation survival issue. As role players in an increasinglyglobal marketplace, businesses acknowledge that regular and constant innovation isthe key to remaining competitive. In other words, in order to be successful, businessesare compelled to operate and produce...

ENGLISH SUMMARY: The research documents the development of a conceptual framework, the improbable circumstances strategic (ICS) framework, which guides organisations in the preparation for improbable circumstances.Four fields include: strategic management, innovation, systems thinking and...

South Africa has an uneven distribution of economic wealth. The political history of recentdecades is the main reason for this phenomenon and has led to a situation where vastnumbers of citizens did not receive the necessary training and development to embark onself-employment or to be employed...

ENGLISH ABSTRACT: The crucial role of innovation in creating sustainable competitive advantage is widely recognised in industry today. Likewise, the importance of having the required information accessible to the right employees at the right time is well-appreciated. More specifically, the...