Tertiary educational investment by the small business owner and conscious capitalism

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dc.contributor.advisor Price, Gavin
dc.contributor.postgraduate Van der Mescht (Nee de Coster), Gina
dc.date.accessioned 2014-07-08T11:03:01Z
dc.date.available 2014-07-08T11:03:01Z
dc.date.created 2014-04-30
dc.date.issued 2013 en_US
dc.description Dissertation (MBA)--University of Pretoria, 2013. en_US
dc.description.abstract South Africa‘s education system is in dire straits with few people having access to tertiary education. This has resulted in a skills shortage across all industries. Private companies as well as public companies are experiencing problems due to this skills shortage. This paper investigated whether private companies feel they have a duty to assist in resolving this problem, considering Milton Friedman‘s assertion that the sole purpose of a company is to make money for the shareholders compared with the notion of conscious capitalism. A literature review was followed by a qualitative study where CEOs of private companies were interviewed. These companies included unlisted companies, partnerships and sole proprietors. During the interview process, they were asked whether in their opinion they have a duty to be involved in solving the problem of lack of access to tertiary education, whether they are currently involved and the reasons why they are involved or not. The question was asked whether in their opinion the theory of Friedman or conscious capitalism is more applicable to their environment through investment in education. It was found that the small business owner does experience a sense of duty and responsibility towards solving problems in tertiary education. In some cases, this was due to legislation promulgated by government. This sense of duty is limited to their immediate environment. It was shown how legislation has interfered with the theory of conscious capitalism in terms of the four constructs on which it is built and how various other factors need to be taken into account when considering whether conscious capitalism is relevant in the business environment. en_US
dc.description.availability Unrestricted en_US
dc.description.degree MBA
dc.description.department Gordon Institute of Business Science (GIBS) en
dc.description.librarian lmgibs2014 en_US
dc.identifier.citation Van der Mescht (Nee de Coster), G 2013, Tertiary educational investment by the small business owner and conscious capitalism, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40647> en_US
dc.identifier.uri http://hdl.handle.net/2263/40647
dc.language.iso en en_US
dc.publisher University of Pretoria en_ZA
dc.rights © 2014 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. en_US
dc.subject UCTD
dc.subject Small, micro and medium enterprises (SMMEs) en_US
dc.subject Education, Higher en_US
dc.title Tertiary educational investment by the small business owner and conscious capitalism en_US
dc.type Mini Dissertation en_US


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