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The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE
Mini Dissertation (MBA)--University of Pretoria, 2015.
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| Other Authors: | |
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2016
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| _version_ | 1867613515423940608 |
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| access_status_str | Open Access |
| author2 | Thaver, Kuben |
| author_browse | Thaver, Kuben |
| author_facet | Thaver, Kuben |
| collection | Thesis |
| dc_rights_str_mv | ©2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2015. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/52366 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:22.574Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/52366 The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE Thaver, Kuben ichelp@gibs.co.za Chetty, Prashantha UCTD Mini Dissertation (MBA)--University of Pretoria, 2015. The internationalisation performance relationship is a critical aspect of international business literature. However the focus has primarily been on multinationals from developed markets whilst multinationals from emerging markets have been largely ignored. The last decade has seen emerging market multinationals expanding at a rapid pace to effectively compete with its global rivals. This study is set within the emerging market context of Africa as it investigates the impact on financial performance of South African companies expanding into the continent. Longitudinal analysis over the period 2010 to 2014 analysed the effects of expansion on average net profit margin, average ROE, average share price and average market capitalisation. This study compared financial measures of 30 JSE listed companies that have expanded into Africa against 30 JSE listed companies that have no presence in Africa and also tested for the effect of degree of internationalisation, firm age and operations in multiple countries on performance. It was found that companies that expanded into Africa exhibited a lower average net profit margin and a higher average ROE when compared to their counterparts that had no presence on the continent. There was also evidence of an increase in average share price and average market capitalisation over the period which reflects the positive benefits of internationalisation. Whilst there was a significant positive correlation between average share price and operations in multiple countries there was no correlation between the degree of internationalisation and firm age on any of the financial performance measures. The research also indicates that the subject is very complex and more research is required. vn2016 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2016-05-04T13:45:58Z 2016-05-04T13:45:58Z 2016-03-30 2015 Mini Dissertation Chetty, P 2015, The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE, MBA Mini-dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/52366> GIBS http://hdl.handle.net/2263/52366 en ©2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE |
| title | The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE |
| title_full | The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE |
| title_fullStr | The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE |
| title_full_unstemmed | The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE |
| title_short | The impact of expansion into Africa on the financial performance of emerging market multinationals listed on the JSE |
| title_sort | impact of expansion into africa on the financial performance of emerging market multinationals listed on the jse |
| topic | UCTD |
| url | http://hdl.handle.net/2263/52366 |