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An exploration of the costs associated with business rescue in South Africa
Dissertation (MCom)--University of Pretoria, 2018.
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| Other Authors: | |
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2019
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| _version_ | 1867613530805501952 |
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| access_status_str | Open Access |
| author2 | Rosslyn-Smith, Wesley John |
| author_browse | Rosslyn-Smith, Wesley John |
| author_facet | Rosslyn-Smith, Wesley John |
| collection | Thesis |
| dc_rights_str_mv | © 2019 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 (MCom)--University of Pretoria, 2018. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/70066 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:37.270Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| 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:2263/70066 An exploration of the costs associated with business rescue in South Africa Rosslyn-Smith, Wesley John u13230817@tuks.co.za Pretorius, Marius De Abreu, Nicole Varela Aguiar UCTD Business rescue costs Business rescue practitioner Contingency fees Economic and management sciences theses SDG-08 Economic and management sciences theses SDG-09 Dissertation (MCom)--University of Pretoria, 2018. Background: The direct costs associated with business rescue proceedings are integral to the decision-making of directors, business rescue practitioners and other affected parties. Business rescue has been criticised for being a costly procedure, but what constitutes these costs and how they are defined remain largely unknown. Purpose: This research set out to explore the direct costs of business rescue proceedings in South Africa. More specifically, the study set out to identify and measure the direct costs of business rescue. In addition, the study examined the relationship between the direct costs and the following variables: company size and duration of business rescue proceedings. Method: An exploratory sequential mixed methods research design was employed in this study. Phase one, which consisted of semi-structured interviews supplemented by a closed card sort with 14 business rescue practitioners, resulted in direct cost categories and components that were used to develop a survey instrument. A survey was conducted in phase two, whereby the direct costs were measured for 19 companies that were previously under business rescue in South Africa. Results: The results of phase one show that the direct costs of business rescue consist of four categories, namely; the basic remuneration of the business rescue practitioner, contingency fees, professional fee disbursements and general disbursements. Given the small sample size, the results of phase two were inconclusive. Conclusion: The results may assist affected parties as it offers some insight and clarity as to the nature and magnitude of the direct costs of business rescue proceedings. cb2026 Business Management MCom Unrestricted SDG-08: Decent work and economic growth SDG-09: Industry, innovation and infrastructure 2019-06-02T11:39:59Z 2019-06-02T11:39:59Z 2019/04/08 2018 Dissertation de Abreu, NVA 2018, An exploration of the costs associated with business rescue in South Africa, MCom Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/70066> A2019 http://hdl.handle.net/2263/70066 en © 2019 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 Business rescue costs Business rescue practitioner Contingency fees Economic and management sciences theses SDG-08 Economic and management sciences theses SDG-09 An exploration of the costs associated with business rescue in South Africa |
| title | An exploration of the costs associated with business rescue in South Africa |
| title_full | An exploration of the costs associated with business rescue in South Africa |
| title_fullStr | An exploration of the costs associated with business rescue in South Africa |
| title_full_unstemmed | An exploration of the costs associated with business rescue in South Africa |
| title_short | An exploration of the costs associated with business rescue in South Africa |
| title_sort | exploration of the costs associated with business rescue in south africa |
| topic | UCTD Business rescue costs Business rescue practitioner Contingency fees Economic and management sciences theses SDG-08 Economic and management sciences theses SDG-09 |
| url | http://hdl.handle.net/2263/70066 |