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Faculty of Management Sciences

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    The effect of institutional research strategy on the attitudes of accountancy academics towards research engagement : a case study of higher education institutions in KwaZulu-Natal
    (2020) Nzuza, Zwelihle Wiseman; Lekhanya, Lawrence Mpele
    Accountancy academics are choosing to embrace the accountancy profession rather than undertake research, with poor participation in research activities requiring investigation. IRS is a system by which universities can engage academics with research. This study, therefore, intends to bridge the gap and contribute to the body of knowledge by reviewing the effect of IRS on accountancy academics’ attitude towards research engagement and to identify factors affecting IRS operation by accountancy academics, with specific reference to public universities in the province of KwaZulu-Natal, South Africa. The findings will be of particular relevance to historically disadvantaged public universities that view IRS as a form of praxis for instigating an accountancy research culture. This study was descriptive and cross-sectional in nature, with data gathered from a sample of 82 respondents. Likert-scaled self-administered survey questionnaires and an online survey among relevant staff of the public universities in KwaZulu-Natal were used, namely, Durban University of Technology, Mangosuthu University of Technology, University of KwaZulu-Natal, and University of Zululand. Data were analysed using descriptive and inferential statistics (frequency tables, figures, correlation tables, regression tables, and cross-tabulations) and categorised according to themes. The IBM Statistical Package for Social Sciences (SPSS) version 25.0 was used to determine statistical results. The results revealed various external and internal factors related to the university that inhibit the IRS operation. In order to move the knowledge frontier forward, a conceptual model of the effect of IRS on the attitudes of accountancy academic staff towards research engagement has been suggested and tested. Nonetheless, the study concludes an existing disparity of research ideas between academics, universities and industry practitioners, with findings providing several recommendations
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    A theoretical framework for four key selected determinants of Municipal financial performance
    (MCSER, 2014-12) Nzuza, Zwelihle Wiseman; Lekhanya, Lawrence Mpele
    The aims of this study are twofold: to identify factors influencing the success of municipal financial performance and to design a model for key selected determinants of municipal financial performance. The study was cross-sectional and quantitative in nature and the questionnaire was an instrument used for data collection, and was distributed to only one municipality in the Kwa-Zulu Natal (KZN) Province. The sample consisted of 82 respondents, selected using a census sampling method. The proposed theoretical framework was designed following a literature review. The factors that fitted to the best were then selected as the basis for the proposed model. The results indicate a significant relationships of stock requisition (p=.000), procurement understanding (p=.007), human transparency (p=.000), and understanding of information communication technology (ICT) (p=.000) with municipal financial performance. The study recommends that other researches to test and validate a proposed model could be conducted with large sample sizes.
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    Perceived effectiveness of municipal financial management on the performance of inventory stock management in local government of South Africa
    (International Foundation for Research and Development (IFRD), 2014-03) Nzuza, Zwelihle Wiseman; Lekhanya, Lawrence Mpele
    This paper reports on the perceived effectiveness of municipal financial management (MFM), on the performance of inventory stock management, by South African local government. The study aimed to evaluate and discuss various factors affecting the effectiveness of MFM on the performance of inventory stock management, in a local municipal government of South Africa, with specific reference to the Kwa-Zulu Natal (KZN) Province. The MFM Act was used as a theoretical framework for the study, and a quantitative research method was applied. The questionnaire was formulated based on information obtained from the literature, and was distributed to only one KZN local government department. The sample consisted of 57 respondents, selected using a census sampling method. The results indicate that there is significant relationships between experience and performance of inventory stock management (p=.003a,b*), experience and effectiveness/efficiency of MFM (p=.000a,b*),as well as experience and the economic viability of MFM (p=.000b,c*).Interestingly, the respondents also indicated that, although there is good inventory stock management, there is a weak relationship between the effectiveness/efficiency, economic viability, and transparency of MFM. This study recommends that further research should aim to advance financial management skills in South African local government, in order to build financial management capacity to deal with inventory stock management issues. This should enable communication with other related structures and improve the understanding of each other’s efforts in the organization.
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    Critical internal factors influencing the centralization of stock procurement processes in a South African municipality
    (Clute Institute, 2014-11) Nzuza, Zwelihle Wiseman; Lekhanya, Lawrence Mpele
    The purpose of this paper was threefold: 1) to examine the internal factors influencing centralization of stock procurement processes, 2) to assess the relationship between demographic factors and staff understanding of Information Communication Technology (ICT) with performance improvement, and 3) to examine the relationship between prevention of corruption with management commitment. A structured questionnaire was used to collect data from 82 members of staff from procurement division in a South African municipality, with specific reference from the KwaZulu-Natal (KZN) Province. A census sampling method was used and a Statistical Package for Social Scientists (SPSS) software was used to analyse the data. The results indicate that ICT, planning tools, communication tools, inbound logistics, and staff competency are the most contributing factors influencing decentralized procurement process of stocks in a South African municipality. Although a hypothesis between performance improvement and gender was rejected, the study showed significance relationships between performance improvement with qualification (p=.035), experience (p=.000), and age (p=.000). It further proved that there is a significance relationship between understanding the ICT and performance improvement (p=.031) and that prevention of corruption is significantly related with management commitment (p=.001). Based on the results, the study recommends that a supporting internal control should be established to ensure that the centralization of stocks by procurement is executed by individuals with clear understanding of inbound logistics, clear communication, commitment, and comprehensive planning. Since the findings of this study are based on 82 members of staff from one South African municipality, it is recommended that a larger sample size may be used in future studies in order to improve accuracy of the results.