Viability of a BBBEE employee share trusts : a case study of an engineering consulting frm

 

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dc.contributor.advisor Shaw, Corrinne en_ZA
dc.contributor.author Ramplin, Richard en_ZA
dc.date.accessioned 2016-07-18T12:49:45Z
dc.date.available 2016-07-18T12:49:45Z
dc.date.issued 2016 en_ZA
dc.identifier.citation Ramplin, R. 2016. Viability of a BBBEE employee share trusts : a case study of an engineering consulting frm. University of Cape Town. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/20421
dc.description.abstract The Broad Based Black Economic Empowerment (BBBEE) policy was created as part of the South African government's drive to correct the inequalities created by the previous apartheid government. This policy rewards companies for empowering previously disadvantaged individuals (PDI's). This empowerment impacts on the ownership of companies with some companies opting to award shares that are held in a trust for employee owners. One such company is the Red Hat Company of South Africa (RHCSA) who created an employee share trust, the Red Hat Employee Share Trust (RHEST). RHEST owns 30% of the company shares with all PDI employees within the company as beneficiaries of the trust. In any year where ordinary company dividends are declared, 30% of all such dividends are paid into the trust and distributed using a scoring system. Since its inception there have been various problems and issues within the RHEST. Beneficiaries indicated that they were unhappy with many of the structures and policies in place. The question this research study seeks to answer is: What interventions can be introduced into the RHEST to make the system more feasible for the stakeholders? en_ZA
dc.language.iso eng en_ZA
dc.subject.other Engineering Management en_ZA
dc.title Viability of a BBBEE employee share trusts : a case study of an engineering consulting frm en_ZA
dc.type Thesis / Dissertation en_ZA
uct.type.publication Research en_ZA
uct.type.resource Thesis en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Engineering & the Built Environment en_ZA
dc.publisher.department Department of Mechanical Engineering en_ZA
dc.type.qualificationlevel Masters en_ZA
dc.type.qualificationname MPhil en_ZA
uct.type.filetype Text
uct.type.filetype Image


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