Financial Management Research
The Department’s expertise in Financial Management cover topics such as the impact of ESG investing on financial performance, behavioural finance, corporate governance, shareholder activism, and impact investing.
The impact of environmental, social and governance (ESG) investment
- Dreyer, J.A., Viviers, S. & Mans-Kemp, N. 2021. Broad-Based Black Economic Empowerment and corporate financial health. International Journal of Technology Management. https://doi.org/10.4102/sajems.v24i1.3652
- Johnson R. 2020. The link between environmental, social and corporate governance disclosure and the cost of capital in South Africa. Journal of Economic and Financial Sciences. https://doi.org/10.4102/jef.v13i1.543
- Mans-Kemp, N. & Van Der Lugt, C.T. 2020. Linking integrated reporting quality with sustainability performance and financial performance in South Africa. South African Journal of Economic and Management Sciences. http://dx.doi.org/10.4102/sajems.v23i1.3572
- Johnson, R., Mans-Kemp, N. & Erasmus, P.D. 2019. Assessing the business case for environmental, social and corporate governance practices in South Africa. South African Journal of Economic and Management Sciences. https://doi.org/10.4102/sajems.v22i1.2727
Behavioural finance
- Baker, K., De Ridder, A. & De Vries, A. 2018. Stockholdings of first-time and more experienced investors. Review of Behavioral Finance. https://doi.org/10.1108/RBF-11-2016-0077
- De Vries, A., Erasmus, P.D. & Schlechter, C. 2017. The familiar versus the unfamiliar: Familiarity bias amongst individual investors. Acta Commercii. https://journals.co.za/doi/abs/10.4102/ac.v17i1.366
Corporate governance
- Van Zyl, M. & Mans-Kemp, N. 2021. A multi-stakeholder view on director remuneration guidance in South Africa. South African Journal of Accounting Research. https://doi.org/10.1080/10291954.2021.1938882
- Van Zyl, M. & Mans-Kemp, N. 2020. Reflecting on corporate governance in South Africa: Lessons learned and the way forward. Southern African Business Review. https://journals.co.za/doi/10.25159/1998-8125/6654
- Mans-Kemp, N., Viviers, S. & Weir, J. 2020. Investigating the extent and impact of director overboardedness using a comprehensive measure. Corporate Governance: The International Journal of Business in Society. https://doi.org/10.1108/CG-07-2019-0234
Shareholder activism
- Viviers, S. & Mans-Kemp, N. 2021. Successful private investor activism in an emerging market. Corporate Governance: The International Journal of Business in Society. 10.1108/CG-11-2019-0366
- Viviers, S., Mans-Kemp, N., Kallis, L. & Mckenzie, K. 2019. Public ‘say on pay’ activism in South Africa: Targets, challengers, themes and impact. South African Journal of Economic and Management Sciences. https://journals.co.za/doi/abs/10.4102/sajems.v22i1.3251
- Viviers, S. & Theron, E. 2019. The effect of public investor activism on trust: A case study in the asset management sector. Journal of Economic and Financial Sciences. https://journals.co.za/doi/10.4102/jef.v12i1.199
Impact investing
- Viviers, S. & De Villiers, J.U. 2021. Impact investments that have stood the test of time: Historical Homes of South Africa (1966-2020). Journal of Sustainable Financial and Investments. https://doi.org/10.1080/20430795.2021.1891780
- McCallum, S.R. & Viviers, S. 2020. Exploring key barriers and opportunities in impact investing in an emerging market setting. South African Journal of Business Management. https://doi.org/10.4102/sajbm.v51i1.1601
