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Tertiary educational investment by the small business owner and conscious capitalism

Dissertation (MBA)--University of Pretoria, 2013.

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Other Authors: Price, Gavin
Format: Thesis
Language:English
Published: University of Pretoria 2014
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access_status_str Open Access
author2 Price, Gavin
author_browse Price, Gavin
author_facet Price, Gavin
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2013.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:42.081Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/40647 Tertiary educational investment by the small business owner and conscious capitalism Price, Gavin ichelp@gibs.co.za Van der Mescht (Nee de Coster), Gina UCTD Small, medium and micro-enterprises (SMMEs) Education, Higher Dissertation (MBA)--University of Pretoria, 2013. South Africa‘s education system is in dire straits with few people having access to tertiary education. This has resulted in a skills shortage across all industries. Private companies as well as public companies are experiencing problems due to this skills shortage. This paper investigated whether private companies feel they have a duty to assist in resolving this problem, considering Milton Friedman‘s assertion that the sole purpose of a company is to make money for the shareholders compared with the notion of conscious capitalism. A literature review was followed by a qualitative study where CEOs of private companies were interviewed. These companies included unlisted companies, partnerships and sole proprietors. During the interview process, they were asked whether in their opinion they have a duty to be involved in solving the problem of lack of access to tertiary education, whether they are currently involved and the reasons why they are involved or not. The question was asked whether in their opinion the theory of Friedman or conscious capitalism is more applicable to their environment through investment in education. It was found that the small business owner does experience a sense of duty and responsibility towards solving problems in tertiary education. In some cases, this was due to legislation promulgated by government. This sense of duty is limited to their immediate environment. It was shown how legislation has interfered with the theory of conscious capitalism in terms of the four constructs on which it is built and how various other factors need to be taken into account when considering whether conscious capitalism is relevant in the business environment. lmgibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-08T11:03:01Z 2014-07-08T11:03:01Z 2014-04-30 2013 Mini Dissertation Van der Mescht (Nee de Coster), G 2013, Tertiary educational investment by the small business owner and conscious capitalism, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40647> http://hdl.handle.net/2263/40647 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Small, medium and micro-enterprises (SMMEs)
Education, Higher
Tertiary educational investment by the small business owner and conscious capitalism
title Tertiary educational investment by the small business owner and conscious capitalism
title_full Tertiary educational investment by the small business owner and conscious capitalism
title_fullStr Tertiary educational investment by the small business owner and conscious capitalism
title_full_unstemmed Tertiary educational investment by the small business owner and conscious capitalism
title_short Tertiary educational investment by the small business owner and conscious capitalism
title_sort tertiary educational investment by the small business owner and conscious capitalism
topic UCTD
Small, medium and micro-enterprises (SMMEs)
Education, Higher
url http://hdl.handle.net/2263/40647