ENGLISH SUMMARY: With diminishing sources of capital over the past two decades, developing countries have increasingly regarded the flow of foreign direct investment (FDI) as their main source of capital for development. In response to this, countries have also liberalised their policies, making...

Attracting foreign direct investment (FDI) is clearly on top of the agendas of most countries. All countries find it more difficult to stay competitive without FDI, which sustains growth: financial capital, management skills, technology, access to export markets, and therefore enhance country's...

ENGLISH ABSTRACT: Repurchasing of shares by South African companies were legalised on 1 July 1999.This introduced an alternative to dividends for distributing cash to shareholders.Although dividends and share repurchases realise the same value in a perfect efficientmarket, the inefficiencies of...