http://hdl.handle.net/11189/5145 Fri, 14 Aug 2026 11:17:08 GMT 2026-08-14T11:17:08Z https://digitalknowledge.cput.ac.za:443/retrieve/23493/ http://hdl.handle.net/11189/5145 http://hdl.handle.net/11189/5181 Title: Size of retail businesses and their level of adoption of global sourcing Authors: Mugobo, Virimai Victor; Paradza, Dignity Abstract: This article uncovers the relationship between the size of retail businesses and their level of adoption of global sourcing and also discusses the challenges faced by shoe retailers in Cape Town, South Africa. A mixed method approach was used to collect and analyse data from a census group of 40 shoe retailers within and around Cape Town. The data was collected using questionnaires and in-depth interviews. The results of the study reveal that the size of the business plays an important role in the adoption of global sourcing. The results also reveal that smaller businesses find it difficult to acquire the resources required to execute an effective global sourcing operation. Fri, 01 Jan 2016 00:00:00 GMT http://hdl.handle.net/11189/5181 2016-01-01T00:00:00Z http://hdl.handle.net/11189/5180 Title: The ownership structure effect on firm performance in South Africa Authors: Mutize, Misheck; Aspeling, Jonathan; Mugobo, Virimai Victor Abstract: This research investigates the effect of corporate governance through ownership structures; ownership concentration, managerial ownership and government ownership on firm performance. A multiple regression analysis was employed on sample data collected over ten years from 2001-2010 from 80 South African companies to test the magnitude of their influence to company performance as measured by return on assets (ROA). This study found a positive and significant correlation between ownership concentration, government ownership and firm performance. Results also showed a negative relationship between insider ownership and firm performance. To this account, the research concludes that managerial ownership is a single factor that significantly weighs down company performance. In validating the significance of the performance determinance model, evidence shows that companies that maintain the recommended King Report shareholding structure have an average to above average performance. Hence, corporate governance is a critical catalyst for company performance. Description: Article Fri, 01 Jan 2016 00:00:00 GMT http://hdl.handle.net/11189/5180 2016-01-01T00:00:00Z http://hdl.handle.net/11189/5179 Title: The impact of sovereign credit rating downgrade on foreign direct investment in South Africa. Authors: Mugobo, Virimai Victor; Mutize, Misheck Abstract: Foreign Direct Investment (FDI) has grown to be an attractive alternative to borrowing from multilateral institutions such as the World Bank and the International Monetary Fund for emerging economies. Global investors prefer investing in countries which have received a Sovereign Credit Rating (SCR) as they perceive it as a good measure of risk allocation. This research applied an event study methodology to SCR downgrades from the three international CRAs (Moody, Standard and Poor and Fitch) over the period 2004 to 2014 to investigate the impact of SCR change on FDI flow into South Africa. Empirical findings show that there is a statistically significant relationship between FDI and SCR downgrades. Evidence also shows that not all downgrades from the three CRAs equally affect investors’ decisions as Moody’s downgrades tend to dominate, causing FDI to reaction at with a higher magnitude. However, not only SCR downgrade determines FDI flow into SA but there is a host of other fundamentals that government should address to attract investment and stabilise financial markets. Fri, 01 Jan 2016 00:00:00 GMT http://hdl.handle.net/11189/5179 2016-01-01T00:00:00Z http://hdl.handle.net/11189/5177 Title: The effects of shadow banking on the traditional banking system in Zimbabwe Authors: Mugobo, Virimai Victor; Mutize, Misheck Abstract: The growth of shadow banks changed the face of banking in Zimbabwe. Their inconsistent product nature and complexity of form has been a cause for concern to regulatory authorities. The interrelationship between their financial intermediary role and that of formal banks has made them good substitutes to formal banking. This study conducts a statistical analysis of the country’s monetary aggregates and the total formal bank loan-to-deposits balances. The findings of this analysis show that the shadow banking system has always been a critical element of the formal banking sector which resulted from market needs and it completes the banking system. The shadow banking system does not pose direct threat to the formal banking system but it was a result of failure to attract savers who found shadow banks as a good alternative. Thu, 01 Jan 2015 00:00:00 GMT http://hdl.handle.net/11189/5177 2015-01-01T00:00:00Z