Marketable securities are the end result of the securitisation process. An often neglected implication is that this resulting security can be commercial paper, not only long-term bonds. This paper investigates the asset backed commercial paper market in South Africa and shows how it is an...

Accounting (specifically fair value accounting) has been named by some as a role player in the financial crisis. The defensive argument that accounting is only a messenger ignores the important roles of accounting in banking and bank supervision. A second related argument is that prudential...

There is a national drive to increase PhD production, yet we know little about how this imperative takes shape within different disciplines. We therefore set out to explore recent developments and the current status of the PhD in economics at four South African research-intensive universities. A...

Research findings on the role of fair value accounting (FVA) in the global financial crisis can be interpreted to find that FVA is not applied neutrally by banks. The results of FVA are accepted when they contribute to higher profits and are actively resisted when they lead to losses. The aim of...

Purpose – This paper investigates the production of accounting doctorates in South Africa during the period from 2008 to 2014. The investigation was prompted by calls to qualify more academics at the doctoral level, bearing in mind that postgraduate supervision forms part of an academic's core...

Purpose: The National Credit Act, No. 34 of 2005, introduced debt counselling as a means to relieve consumer over-indebtedness in South Africa. This South African experience can inform the current regulatory interest in consumer protection within financial services. Why do many consumers who...

Purpose: This study examines the relationship between board gender diversity and environmental, social and governance (ESG) disclosure of companies listed on the Johannesburg Stock Exchange (JSE). Design/methodology/approach: Panel regressions were used to analyse an unbalanced sample of 92...