scholarly journals Measuring human capital in South Africa using a socioeconomic status human capital index approach

2021 ◽  
pp. 1-18
Author(s):  
T. J. Friderichs ◽  
G. Keeton ◽  
M. Rogan
2015 ◽  
Vol 18 (4) ◽  
pp. 486-499 ◽  
Author(s):  
Carla Morris

Even in industrialised emerging economies, the value-generating competencies of a workforce, known as its human capital efficiency, are a key resource for commercial success. The objective of this research is to empirically investigate the relationship between human capital efficiency (as measured by value-added human capital) and the financial and market performance of companies listed on the Main Board and Alternative Exchange (ALT-X) of the Johannesburg Stock Exchange. Return on assets, revenue growth and headline earnings per share were used as financial performance indicators; while market-to-book ratio and total share return were used to measure market performance. Multivariate regressions were performed, with panel data covering 390 companies in the financial, basic materials, consumer services, consumer goods, industrial and technology industries from 2001 to 2011. First, human capital efficiency was found to have no effect on the market performance of listed companies in South Africa. Secondly, higher human capital efficiency was found to result in the extraction of greater returns from both tangible and intangible assets in all industries. Thirdly, higher profitability was found to be associated with higher human capital efficiency in almost every industry in South Africa, with the exception of the technology industry, where human capital efficiency was found to be independent of headline earnings per share. Finally, higher revenue growth was found to be positively associated with human capital efficiency in those industries which are not consumer-driven. In the consumer-driven industries, human capital efficiency contributes to bottom line profitability even though it is not a driver for revenue growth. Overall, the results of this study confirm that human capital efficiency enhances a company’s financial performance, whether it be through a greater capacity for production and service delivery, tighter cost controls or better use of company resources. Management in all South African industries are encouraged to develop the value-creating abilities of their employees through employer-driven personnel enrichment and training programs and by incentivising workers to pursue further education.


2021 ◽  
Author(s):  
Graham Jewitt ◽  
Catherine Sutherland ◽  
Sabine Stuart-Hill ◽  
Jim Taylor ◽  
Susan Risko ◽  
...  

<p>The uMngeni River Basin supports over six million people, providing water to South Africa’s third largest regional economy. A critical question facing stakeholders is how to sustain and enhance water security in the catchment for its inhabitants. The role of Ecological Infrastructure (EI) (the South African term for a suite of Nature Based Solutions and Green Infrastructure projects) in enhancing and sustaining water and sanitation delivery in the catchment has been the focus of a project that has explored the conceptual and philosophical basis for investing in EI over the past five years.</p><p>The overall aim of this project was to identify where and how investment into the protection and/or restoration of EI can be made to produce long-term and sustainable returns in terms of water security assurance. In short, the project aimed to guide catchment managers when deciding “what to do” in the catchment to secure a more sustainable water supply, and where it should be done. This seemingly simple question encompasses complexity in time and space, and reveals the connections between different biophysical, social, political, economic and governance systems in the catchment.</p><p>Through the study, we highlight that there is an interdependent and co-constitutive relationship between EI, society, and water security. In particular, by working in spaces where EI investment is taking place, it is evident that socio-economic, environmental and political relations in the catchment play a critical role in making EI investment possible, or not possible.</p><p>The study inherently addresses aspects of water quantity and quality, economics, societal interactions, and the governance of natural resources. It highlights that ensuring the availability and sustainable management of water resources requires both transdisciplinary and detailed biophysical, economic, social and development studies of both formal and informal socio-ecological systems, and that investing in human resources capacity to support these studies, is critical. In contrast to many projects which have identified this complexity, here, we move beyond identification and actively explore and explain these interactions and have synthesised these into ten lessons based on these experiences and analyses.</p><ul><li>1 - People (human capital), the societies in which they live (societal capital), the constructed environment (built capital), and natural capital interact with, and shape each other</li> <li>2 - Investing in Ecological Infrastructure enhances catchment water security</li> <li>3 - Investing in Ecological Infrastructure or BuiIt/Grey infrastructure is not a binary choice</li> <li>4 - Investing in Ecological Infrastructure is financially beneficial</li> <li>5 - Understanding history, legacy and path dependencies is critical to shift thinking</li> <li>6 - Understanding the governance system is fundamental</li> <li>7 - Meaningful participatory processes are the key to transformation</li> <li>8 - To be sustainable, investments in infrastructure need a concomitant investment in social and human capital</li> <li>9 - Social learning, building transdisciplinarity and transformation takes time and effort</li> <li>10 - Students provide new insights, bring energy and are multipliers</li> </ul>


2021 ◽  
Author(s):  
Abhijit Chakraborty ◽  
Anirudh Tagat ◽  
Sanchari Roy Mukherjee

Author(s):  
Muhammad Shujaat Mubarik ◽  
Vgr Chandran Govindaraju ◽  
Evelyn Shyamala Devadason

2016 ◽  
Vol 19 (2) ◽  
pp. 249-263 ◽  
Author(s):  
Marianne Matthee ◽  
Ernst Idsardi ◽  
Waldo Krugell

The aim of this paper is to examine the diversification of South Africa’s exports over the period 1994 to 2012. A decomposition of export growth shows that exports of non-fuel primary commodities as well as medium-skill and technology-intensive manufactured products increased. The largest decrease was in the export of resource-intensive manufactures. These changes reflect South Africa’s endowment of relatively low levels of physical and human capital. The analysis shows that export products that are further from the country’s comparative advantage, make smaller contributions to growth in the intensive margin. It clearly shows the challenge of sustainably diversifying the export basket.


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