Centenial Celebration

Transaction Search Form: please type in any of the fields below.

Date: April 30, 2024 Tue

Time: 2:56 am

Results for bank robberies

2 results found

Author: Keil, Maria Clara Mauricio Pereira

Title: An Investigation into the Success Factors Amongst Small Businesses in Gauteng

Summary: Gauteng, the smallest of the nine South African provinces, but the largest in terms of its contribution to national GDP (33.9%), generates 10% of Africa’s GDP (Gauteng Enterprise Propeller Overview, 2007) and is therefore a very important geo-economical zone. As South Africa latest unemployment rate is 25.5% (StatsSA, 2006), Government is geared towards promoting small businesses in an effort to grow the economy and reduce unemployment. It is therefore very important to the economy that small businesses succeed, grow and provide employment. Due to the fact that at present, very little research into the success factors amongst small businesses in South Africa has been conducted in South Africa, it seems appropriate at this time to investigate the success factors of small businesses in Gauteng. The problem statement in this research is that there is insufficient knowledge relating to the factors contributing to the failure or success of small businesses in South Africa, Gauteng. To conduct this research, a qualitative and exploratory approach was decided upon. A literature survey on the subject was conducted in order to ground the current research in existing theory and research. A questionnaire was sent out by e-mail to 3776 businesses in Gauteng, to which the response rate was 3.15% (119 questionnaires were returned). The questionnaire was divided into sections and covered the definition of success, entrepreneurial personality characteristics of owner/manager, use of management tools, resource availability and the classification of respondents and their businesses. Due to the small size of the sample this research is not able to conclusively achieve the primary research objective of identifying the success factors of small businesses in Gauteng, but it has nevertheless contributed to the body of research on the matter, since it established that there is a correlation between: • Entrepreneurial personality and the success of small businesses • The use of management tools and the success of small businesses • The availability of resources and the success of small businesses. In addition the following can be reported: • The owner/managers surveyed attributed their success to: - persistence and determination - experience - entrepreneurial personality - business knowledge - a great team - education • The existence and or use of the business plan and its relationship to success remains inconclusive • Financial resources do not feature prominently as a success factor, but business skills do seem to correlate with success. Further research is necessary to pinpoint conclusively which traits and behaviours are conducive to success, by comparing successful and unsuccessful business owners. Other recommendations that arose from this research were: • Research should be conducted into the assumption that economic growth is driven by the proliferation of small businesses • Research into the weight of internal factors ((personality, experience, attitude, knowledge) versus that of external factors (start-up capital, business plans, skill availability, economic and legal conditions) would contribute to the body of knowledge and could trigger a shift in approach. The issue of the relationship between crime and the high unemployment rates in Gauteng are addressed in chapter 3.

Details: Johannesburg, S. Africa: University of Johannesburg, Faculty of Management, 2009. 131p.

Source: Internet Resource: Dissertation: Accessed April 27, 2011 at: http://ujdigispace.uj.ac.za:8080/dspace/bitstream/10210/2342/1/Keil.pdf

Year: 2009

Country: South Africa

URL: http://ujdigispace.uj.ac.za:8080/dspace/bitstream/10210/2342/1/Keil.pdf

Shelf Number: 121408

Keywords:
Bank Robberies
Commercial Crimes
Crimes Against Business
Unemployment and crime (South Africa)

Author: Maheshri, Vikram

Title: Do Security Investments Displace Crime? Theory and Evidence from Italian Banks

Summary: Security measures intended to deter crime may unwittingly displace it to neighboring areas. However, evidence of displacement is scarce. We exploit precise information on the timing and locations of all bank robberies in Italy over a 10-year period along with the decisions by bank branches to hire private guards to estimate deterrence and displacement effects of policing. We find that hiring a security guard lowers the likelihood that a bank is robbed by between 31 and 50 percent, though over half of this reduction is immediately displaced to nearby banks that are unguarded. Our findings suggest that policies that restrict the use of guards in certain markets and that require the use of guards in other markets could be socially beneficial.

Details: Unpublished paper, 2017. 30p.

Source: Internet Resource: Working Paper: Accessed October 17, 2017 at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2992761

Year: 2017

Country: Italy

URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2992761

Shelf Number: 147696

Keywords:
Bank Robberies
Deterrence
Displacement
Policing
Security Guards
Spillover