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NDMRP Proceedings

 

 

 

Copyright © Global Illuminators. All rights reserved

NDMRP Proceeding
Volume 5, Pages 1-81
2019 NDMRP Conference on “NEW DIRECTIONS IN MULTIDISCIPLINARY RESEARCH & PRACTICE” (NDMRP 2019)
June 15-16, 2019 London, UK
Edited by Dr. Ahmed Saddam

 

Volume 1
pp. 1-305 (2015)
2015 NDMRP Conference on “NEW DIRECTIONS IN MULTIDISCIPLINARY RESEARCH & PRACTICE” (NDMRP 2015)
Volume 2
pp. 1-137 (2016)
2016 NDMRP Conference on “NEW DIRECTIONS IN MULTIDISCIPLINARY RESEARCH & PRACTICE” (NDMRP 2016)
Volume 3
pp. 1-73 (2017)
2017 NDMRP Conference on “NEW DIRECTIONS IN MULTIDISCIPLINARY RESEARCH & PRACTICE” (NDMRP 2017)
Volume 4
pp. 1-83 (2018)
2018 NDMRP Conference on “NEW DIRECTIONS IN MULTIDISCIPLINARY RESEARCH & PRACTICE” (NDMRP 2018)
Volume 5
pp. 1-81 (2019)
2019 NDMRP Conference on “NEW DIRECTIONS IN MULTIDISCIPLINARY RESEARCH & PRACTICE” (NDMRP 2019)

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Preface of proceeding


Track: Business Management & Economic Studies

Taxation on Expatriates: A Comparative Study

2

Pages 1-7
Dahms Joani

Abstract
As from 1 March 2020, a large number of South African (SA) expatriates (expats) being employed abroad and whose annual income exceeds $73 855 will be affected by an amendment in expat taxation (tax) legislation. From the mentioned date, expats will be liable for tax ranging up to 45% of their foreign remuneration. To facilitate tax for expats generally, the Organisation for Economic Cooperation and Development (OECD) has introduced the Common Reporting Standard (CRS) in 2014. Through this Standard, global authorities attain information from their financial institutions and exchange it with other authorities. More than a hundred countries are already participating in this global initiative to enhance the transparency of international tax-related information. However, it has been established that currently, not all SA individuals working abroad, declare all their foreign income to the South African Revenue Services (SARS). This comparative research used a critical review and an exploratory methodology to investigate how the US and UK implement their expat tax laws, and more specifically, how these legal frameworks affect expats. This study aimed to determine the tax position of expats on the amended SA tax legislation to be implemented in 2020. The results of this study show that SARS can consider increasing the annual exclusion of $73 855 and introduce a possible foreign housing exclusion to lessen the tax burden on SA expats. The administrative burden on tax authorities can also be reduced if payroll relief is applied. Furthermore, it was established that the SA expats will be carrying the largest tax burden compared to the US and UK. This study may benefit expats, employers and tax authorities by clarifying the tax position of expats in light of the amended tax legislation.

Investing the Use of Debt Finance in Merger and Acquisitions by Multinational Entities as a Tax Avoidance Strategy

2

Pages 8-14
Jacobs Lerike, Swanepoel Thys

Abstract
Multinational entities (MNEs) have grown their global footprint rapidly over the past decades. In many instances it is not because of organic growth but due to mergers and acquisitions (M&As). M&As form an important part of the corporate financial landscape. The literature emphasises a number of reasons why M&As are part of the growth strategies of MNEs. Two reasons for undertaking a M&A are the potential tax benefits as well as the reduction of finance charges available to the acquiring MNE. The question could be asked; is the use of debt finance in M&A transactions tax avoidance strategy? The aim of the study is to determine potential tax benefit of the acquiring MNE, if debt is used to finance the M&A of the target entity. The annual financial statements of the best 15 M&As of 2017 were used, based on a report available from Nasdaq. Evidence of tax avoidance strategies related to debt finance of M&As is clearly visible in the annual financial statements. To determine the tax benefit effect of the 14 M&A entities, the annual financial statements of 2016, 2017 and 2018 were reviewed and analysed. Document analysis was used to analyse the relevant data received, using a Pearson regression coefficient to determine the significance of debt finance on the tax liability. The study proposes that MNEs use debt finance of M&As as a tax benefit and provides some evidence to suggest that managers, directors and shareholders should consider debt financing as an option in M&As. The study could potentially help stakeholders decide on whether or not an M&A of a target entity will create sustainable wealth and reduce the tax liability of the acquiring MNE.

Factors Affecting the Entry and Exit of Social Entrepreneur: Understanding through the Lens of RBV

2

Pages 15-20
Anita Sharma

Abstract
Social entrepreneurship is emerging as an area for academic inquiry. The social entrepreneurial process is quite different from that of commercial entrepreneurs. Hence, this paper conceptually delineates the reasons to ‗enter‘ and intentions to ‗exit‘ a social entrepreneurial venture. The coherent framework explains that in serendipitous entry, social entrepreneurs a priori do not focus on resources availability, while in intentional entry resources play a crucial role. On the other hand, intentions to exit a social entrepreneurial venture are dependent on resource scarcity, team cohesiveness, and alignment between entrepreneurs‘ goals and ventures growth strategies. Propositions related to resource requirements during entry and exit in social entrepreneurial process are offered which shapes the future research directions.

Track: Social Science & Humanities

Consumer Protection and China‟s Sharing Economy

2

Pages 21-26
Peng Xu

Abstract

The sharing economy is providing consumers with more affordable, more convenient access to shared goods and services. However, the business model of sharing economy has posed challenges for both consumers and regulators. The Chinese central government has drafted policies to promote the sharing economy while protecting the consumers rights. Due to the lack of an effective exchange of information, and ambiguity in regulatory requirements, it is not easy to achieve the goal of consumer protection in the sharing economy. China needs to take a more positive and specific role in guiding policies towards a sustainable sharing economy for the long-term.


A Meta – Analysis of Learning Management Models Affecting Achievements among Undergraduate Students

2

Pages 27-31
Thanin Ratanaolarn

Abstract

In Thailand, there are many researches about the learning management models affecting learning achievement among undergraduate students. Those research results are either the harmony or the conflict. Most of them has not yet reached the final solution. The researches cannot be concluded about the best learning management model. Therefore, this research aims to synthesize the researches about the learning management models affecting achievements among undergraduate students by meta-analysis. The researchers used in this study were 47 papers published from 2009 to 2018 in Thailand. The synthesis findings showed that 1) the learning objective emphasized developing cognitive domains in the highest proportion. The teaching method emphasized the roles of students and most learning management media will be self-learning media. Most tools used in measurement and evaluation in cognitive domain were test, in affective domain were ethic scale, and in psychomotor domain were practical test. 2) The analysis of effect size to find the best learning management models affecting learning achievement among undergraduate students found that learning objectives emphasized integration of cognitive domain, affective domain, and psychomotor domain. The constructivism was used as a base for teaching model. In addition, teaching method will emphasize the role of students and use learning management media in the type of self-learning media. Measurement and evaluation of achievements will use authentic assessment and various tools. Therefore, this study is beneficial for teachers in designing learning management models among undergraduate students effectively.


Exploring the Professional Competencies for Marketing Communicators in the Next Decade (2017-2027)

2

Pages 31-38
Nottakrit Vantamay

Abstract

This study aims to seek the future scenario of professional competencies for marketing communicators in the next decade (2017-2027). Research process can be divided into 2 stages. Stage I aims to explore the preliminary professional competencies. In this stage, one-round Ethnographic Future Research (EFR) Technique was used by interviewing with a panel of 30 experts in the field of marketing communication. Stage II aims to select the desired and most probable competencies. In this stage, a 2-round Delphi Technique was conducted to reach consensus from the panel of 30 experts participating in the stage I. The research results found that professional competencies for marketing communicators in the next decade composed of 67 competencies in 6 aspects. They were: I) knowledge in marketing (10 competencies), II) knowledge in business administration and social sciences (13 competencies), III) knowledge in communication (9 competencies), IV) skills in information, media production, and technology (6 competencies), V) skills in working and entrepreneurship (11 competencies), and VI) personal attributes (18 competencies). For implications, they were very beneficial for both education and industry in the field of marketing communication and related disciplines. These professional competencies should be adopted to make marketing communicators stronger and more highly qualified for boosting high productivity in this profession effectively.

Rainwater Harvesting and Its Impact on the Access Component of the Water Poverty Index

2

Pages 39-47
Charles Van Der Vyver

Abstract

The aim of this research is to quantify the impact that the implementation of rainwater harvesting will have on improving access to water as part of the water poverty index. It focuses on two municipalities in South Africa, which as a country is already classified as water-stressed. The research is a quantitative study that makes use of secondary data that was collected at a high assurance level to determine the possible costs involved. It was found that rainwater harvesting is definitely a viable option in the chosen area, albeit at a fairly significant cost, which will definitely be too high for the municipalities in question to carry. If the capital were to become available it will have a small influence on the water poverty index, but the difference it will make to the quality of life of the residents in the municipalities might prove unmeasurable. Future research should continue to focus on refining the index itself, and on exploring new possibilities and scenarios for the implementation of the index.


Quantifying the Impact on Communication of a Change in Management Structure of a University Incubator

2

Pages 48-58
J Van Der Vyver, C Van Der Vyver

Abstract

This research paper aims to quantify the impact on the communication model of a university incubator, due to restructuring and change in the management structure. Participants included staff members of a university incubator, at a well-known South African University. A qualitative research approach was used, along with semi structured interviews due to its flexible nature, offering the researcher the opportunity to ask open – ended questions, but also presents the researcher with the focus of a structured ethnographic study. Secondly, qualitative content analysis was used, assisting the researcher to analyse written, verbal and visual communication on the subject matter in order to gain a better understanding of university incubators and communication models. Not only did the researcher observe the changes within the university incubator, but was also a participant, due to the nature of the researchers work. The participant- observer method was therefore included as a research method. The changes in communication model was due to the restructuring that took place within the university, the impact of the restructuring on the university incubator‟s communication model was unplanned and had significant changes on the communication model. The current communication model combined with communication models from literature to develop the best possible communication model for the current situation. Even though the changes to the communication model was for the better, the current communication model of the university incubator still presents possibility for expansion and improvement.


King IV Technology and Information Governance: JSE-listed Companies‟ Compliance

2

Pages 59-81
Anneke Moolman

Abstract

The fourth industrial revolution would not be possible without information technology (IT). IT has triggered incredible efficiencies in companies, resulting in innovative business processes. Although IT is considered to open a world of opportunities, it is also associated with increased risk due to inter alia unauthorised access and data loss. The King Report on Governance (King) was introduced to place South Africa at the forefront of corporate governance globally and would be incomplete without addressing the governance of IT. Previous studies revealed room for improvement with compliance of both King II and King III IT governance principles. Subsequently, King IV was introduced in 2016, recognising technology and information separately, each with their own risks and opportunities. King IV also attempts to force management of companies to focus their minds on governance and not consider it as mindless compliance. The objective of this study is therefore to determine the extent to which King IV has encouraged improved compliance with the technology and information governance principle in Johannesburg Stock Exchange (JSE) listed companies. As JSE-listed entities are required to comply with King IV, a documentary review on the most recent integrated, corporate governance, and/or similar reports of the top 40 JSE-listed companies was performed to assess compliance of the King IV technology and information governance principle. Findings suggest that King IV substantially improved compliance with its technology and information governance principle, although improved disclosure is necessary. This study is beneficial to the Institute of Directors in South Africa (IODSA) and the JSE to measure current compliance of JSE-listed companies with technology and information governance principles. The study also benefits international governance framework setters by highlighting that companies may be more willing to disclose limited recommendations as opposed to mindlessly stating compliance with various rules.