https://hdl.handle.net/10646/90 2026-04-09T15:52:22Z https://hdl.handle.net/10646/4763 An assessment of factors that determine the listing of Small to Medium Enterprises (SMEs) on the Zimbabwean alternative securities market Chitekuteku, Zvendi; Sandada, Maxwell The study was motivated by the lack of research on this phenomenon in Zimbabwe, as it sought to investigate the factors that may influence SMEs to register on the ASM. To achieve this objective, the study adopted a quantitative approach. Data was collected from a sample size of three hundred and thirty (330) which were selected through stratified random sampling. Factor analysis was used to identify the factors which determine the listing of SMEs on the ASM. The four factors which emerged were factor 1 (information accessibility), factor 2 (regulatory requirements), factor 3 (corporate governance), and factor 4 (SMEs support platforms).The findings indicated that information accessibility, regulatory requirements, corporate governance, and SMEs support platforms are important in determining SMEs listing on the ASM. The research article presents both the academic contribution and managerial implications of the findings and opportunities for future research are provided. 2016-01-01T00:00:00Z https://hdl.handle.net/10646/4762 The determinants of stock market participation: Evidence from individual investors in Zimbabwe. Sandada, Maxwell; Gumbo, McDonald The participation of individual investors at the Zimbabwe Stock Exchange (ZSE) is very low. The reasons for the low participation rate are not well known. It is from this background that this study sought to understand the major drivers of individual participation at the stock market with a view to devise strategies that enforce an improved participation. Using data collected from stock broking managers, asset managers, fund/ investment managers, regulators, and investment/research analysts, the findings indicate that financial education, social interaction, awareness, transaction costs, access to internet, cognitive skills, perceptions, life satisfaction, liquidity constraints and age are significant predictors of stock market participation by individual investors. However, gender, trust and health status are insignificant predictors. 2018-01-01T00:00:00Z https://hdl.handle.net/10646/4404 An investigation of the determinants of domestic private investment in Zimbabwe, 1980-2015. Mutonhori, Sibongile Analyses of the sources of growth in developing countries revealed that a country’s growth comes from greater investment inter alia. The majority of countries that grow swiftly, invest a substantial portion of their GDP and contrarily, slow developing countries are those that fail to invest adequately. This present study investigates the determinants of Domestic Private Investment (DPI) in Zimbabwe over the period 1980- 2015. DPI is defined by the study as the difference between Gross Fixed Capital formation as a percentage of GDP and Foreign Direct Investment as a percentage of GDP. Overally, the study finds that in the long run, the quality of both economic and political institutions, inflation, bank credit to the private sector and GDP growth have a significant negative relationship with DPI while the interaction between political and economic institutions has a positive relationship with DPI. Results of the study indicate that Zimbabwe is a unique case, hence orthodox economic theory is unable to explain certain phenomena observed over the 35 year period. In order to boost DPI in Zimbabwe, there is need to facilitate formulation of positive expectations by economic agents, defined by Keynes as “animal spirits” as these determine investment decisions undertaken by investors. The determinants of investment suggested by neoclassical theory provide necessary but not sufficient conditions for increasing DPI in Zimbabwe. The establishment and strengthening of quality of institutions is shown by the study as central to setting the stage and putting in place a conducive environment for increasing DPI in Zimbabwe. Keywords: DPI, expectations, institutions 2017-04-01T00:00:00Z https://hdl.handle.net/10646/4403 The role of entrepreneurship education in determining success of self-employed professionals in Zimbabwe: the case of medical doctors in private practice. Chacha, Vimbiso The main purpose of this research project was to discover the role that entrepreneurial education plays in determining success of self-employed professionals in Zimbabwe looking at medical doctors in private practice. The general conclusion from literature is that entrepreneurial education equips individuals with knowledge, skills and capabilities to establish and maintain successful businesses. Literature has however been limited to other parts of the world and hence this study had an aim of filling this research gap by critically appraising entrepreneurial education in the Zimbabwean context. Information gathered from this research and its applications were aimed at benefiting medical practitioners in private practice, Institutions of higher learning and entrepreneurs in Zimbabwe at large. The study adopted an exploratory case study design of medical doctors in private practice. Face-to-face interviews using were conducted with practitioners in different specialties using an interview guide to collect empirical data. The interview guide had unstructured questions that enabled the gathering of in-depth information also leaving room to probe for clarity on any responses. The research employed a qualitative research philosophy and the collected data was analysed through data displays in the form of Content Analytic Summary Tables. The study established that entrepreneurial education can lead to the success of medical doctors in private practice. However, the study also established that: medical practitioners are not aware of the fact that entrepreneurial courses can be beneficial to any profession as they want tailor-made courses; medical training courses lack business modules as they were designed with doctors as employees in mind and not as employers; medical doctors lack awareness of entrepreneurial programs being offered by institutions of higher learning. The recommendations in light of these findings are that: there must be tailor-made courses to assist doctors running private practices; entrepreneurial modules should be made part of the medical curricula; institutions of higher learning should have awareness campaigns to promote the programs that they offer and their respective fees. 2019-02-01T00:00:00Z