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The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange
Includes abstract.
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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Department of Finance and Tax
2015
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| _version_ | 1867613210388987905 |
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| access_status_str | Open Access |
| author | Mavrodinov, Nikolay Stefanov |
| author2 | Holman, Glen |
| author_browse | Holman, Glen Mavrodinov, Nikolay Stefanov |
| author_facet | Holman, Glen Mavrodinov, Nikolay Stefanov |
| author_sort | Mavrodinov, Nikolay Stefanov |
| collection | Thesis |
| description | Includes abstract. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/12209 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:31.718Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Department of Finance and Tax |
| publisherStr | Department of Finance and Tax |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/12209 The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange Mavrodinov, Nikolay Stefanov Holman, Glen Financial Management Includes abstract. Includes bibliographical references. For several decades equity-based compensation has been used as a tool to align the incentives of company executives and employees with those of the company shareholders. For instance globally, during the 1990's, there was and explosion in the issuance of employee stock options. This served several purposes, namely - to motivate managers in the pursuit to increase company value and achieve long-term goals, as a retention tool for talented staff and also as a way for cash strapped young companies to reward employees without the need to divert cash from operating activities.The objective of this study is to examine the current long-term share-based incentive schemes used by JSE listed companies based on data from 50 large and mid cap companies. It aims to identify trends in terms of prevalent scheme types, average scheme size relative to issued share capital, settlement methods, valuation models used, construction of model inputs and the use of performance conditions. 2015-01-15T09:07:23Z 2015-01-15T09:07:23Z 2012 Master Thesis Masters MCom http://hdl.handle.net/11427/12209 eng application/pdf Department of Finance and Tax Faculty of Commerce University of Cape Town |
| spellingShingle | Financial Management Mavrodinov, Nikolay Stefanov The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange |
| thesis_degree_str | Master's |
| title | The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange |
| title_full | The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange |
| title_fullStr | The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange |
| title_full_unstemmed | The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange |
| title_short | The changing landscape of long-term share-based compensation in South Africa: an investigation into recent developments in employee incentive used by companies listed on the Johannesburg Stock Exchange |
| title_sort | changing landscape of long term share based compensation in south africa an investigation into recent developments in employee incentive used by companies listed on the johannesburg stock exchange |
| topic | Financial Management |
| url | http://hdl.handle.net/11427/12209 |
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