Mishelle Doorasamy - Academia.edu (original) (raw)
Papers by Mishelle Doorasamy
Foundations of Management, 2016
Using material flow cost accounting (MFCA) to identify benefits of eco-efficiency and cleaner pro... more Using material flow cost accounting (MFCA) to identify benefits of eco-efficiency and cleaner production in a paper and pulp manufacturing organization Foundations of Management
Environmental Economics
By focusing on environmental management accounting in SMEs, the study helps SME managers to effec... more By focusing on environmental management accounting in SMEs, the study helps SME managers to effectively understand and find better ways of improving environmental management. The paper investigates environmental management accounting applications in manufacturing small and medium enterprises in Gauteng province. Small and medium enterprises were chosen based on their exclusion from the mainstream research on environmental management accounting (EMA). To achieve the main aim of the study, 24 in-depth interviews were undertaken among SMEs’ managers, accountants, chief executive officers, and owners. The study found that physical EMA is more common in SMEs than monetary EMA. 77% of SMEs’ respondents confirm using physical environmental information in their operations. Therefore, SMEs prefer EMA practices with little cost or no cost attached and practices that can effectively generate returns in the short term. In addition, the avoidance of monetary EMA is anchored on the premise of avo...
Handbook of Research on Climate Change and the Sustainable Financial Sector
The comprehensive climate risk index (CRI) is used to proxy climate change risk in this chapter a... more The comprehensive climate risk index (CRI) is used to proxy climate change risk in this chapter as an independent variable alongside control variables such as credit risk/nonperforming loan (CRISK), total asset (TA), leverage (LEV), net income margin (NIM), capital adequacy ratio (CAR), yield on earning assets (YEA), and gross domestic product (GDP). Return on assets (ROA) as the response variable was used as proxy for performance of the top six listed South African banks on the Johannesburg stock exchange. Using Stata in a multiple regression technique for the period 2006 to 2019, this chapter concludes that the CRI is negative but not significant enough to impact performance of banks; however, its different individual components such as drought index, rain-waterlogged, etc. could be computed and regressed with other profitability measures to investigate their impact on performance of the banks in future editions of this book.
Journal of Economics and Behavioral Studies
This study is aimed at investigating the declining sucrose levels in South African sugar cane usi... more This study is aimed at investigating the declining sucrose levels in South African sugar cane using principal component analysis. The agricultural production of sugar cane has been one of the major sources of income to the South African economy. Sucrose has been classified in the analysis of Brix percentage of sugarcane juice as one of the most important parameters of sugar composition, due to its usefulness, among the components in sugar cane which are needed for farmers to generate income within the economy. However, data indicates that the sucrose content decline which began in 2014 is still ongoing, representing great loss to the farmers. To investigate this trend, this study has regressed the sucrose percentage in cane as a dependent variable against the ratio in Tons of cane to 1 Ton of sugar, tons of cane crushed, tons of sugar made, and yields per hectare of harvested cane. The study used correlation matrices, summary statistics and principal component analysis as tools in c...
Journal of Economics and Behavioral Studies
The study investigates which factors determine sucrose quality in the South African sugar cane pr... more The study investigates which factors determine sucrose quality in the South African sugar cane production process. Though South Africa is the 8th largest producer of sugar cane in the world and the highest in Africa, a decline has been observed in the production of high quality sugar in the country. The study adopts the Auto Regressive Distributive Lags (ARDL) technique to analyze sugar cane production time series data from 1980 to 2016 in South Africa. Ten variables were tested, including Average Temperature, Stalk growth, Evaporation, and Soil Water Content (100mm). Our findings revealed that on both the short and long run, some of the variables investigated have the tendency of increasing sucrose level in sugar cane while an increase in other variables would decrease sucrose level altogether. However, the impact of Soil Water Content (100mm) appears not to be statistically significant on sucrose production in our regression model in the short and long run. Of special interest are...
Foundations of Management
The survival of any industrial organization depends on whether producing goods or services hinge ... more The survival of any industrial organization depends on whether producing goods or services hinge on how innovative they have become in managing their product portfolio to craft new products that changes with the ever-changing tastes and needs of their customers. This study delves in to the models and theories that drive product portfolio management practices in a way that they support the successes of new product development. Our review is based on selected studies at the frontier of product management, summarized, and compared based on authors experiences, subsisting models, and theories with the results purely based on qualitative rather than quantitative approaches. The essence is to explore possible new theory or model in this field of research.
Journal of Economics and Behavioral Studies, 2017
This paper examines the nexus of working capital management and financial performance of selected... more This paper examines the nexus of working capital management and financial performance of selected multinational food and beverages industries in Nigeria for the period between 2006 and 2014 and establishes its linkage with risk-return theory. An explanatory research design is adopted and the secondary data used were gathered from 5 purposively selected quoted food and beverages companies using GLS panel regression analysis. The pooled regression shows that account receivable ratio (ARR) and debt ratio (DER) have negative effect but significant at 1%, working capital (WCA) is also significant at 5% but had positive effect, however, sales growth (SGR) was insignificant. It is also discovered from the Fixed Effect Estimation that working capital management variables such as account receivable ratio (ARR) and debt ratio (DER) have negative effect but significant at 1%, working capital (WCA) is also significant at 5% but has positive effect, while sales growth (SGR) has negative effect b...
Foundations of Management, 2016
The aim of this study is to use material flow cost accounting (MFCA) to assess the level at which... more The aim of this study is to use material flow cost accounting (MFCA) to assess the level at which cleaner production (CP) can improve both environmental and economic performance of an organization. Higher energy and raw material prices are causing CP to grow in relevance and importance. The amount of waste to landfill is increasing steadily. Most companies are using inefficient processes and technologies that are obsolete resulting in higher production costs, which, in turn, affect their profitability and competitiveness. This study was a case study based on a paper manufacturing company using an exploratory qualitative and quantitative research methodology. The MFCA approach was used to assess the efficiency of the steam production process using coal-fired boilers. The results indicated that the process was inefficient resulting in significant negative environmental and economic impact. Environmental costs were hugely underestimated by management, as non-product output costs were n...
Investment Management and Financial Innovations, 2016
This study attempts to measure the financial performance of the food industry taking the top thre... more This study attempts to measure the financial performance of the food industry taking the top three JSE listed companies Pioneer Foods, Tiger Brands and RCI for the period of 2013-2014. In order to achieve the objectives of this research, ratios such as return on equity (ROE), return on assets (ROA) have been calculated by applying the DuPont analysis. The DuPont analysis is an important tool to measure the operating performance of a firm (Sheela and Karthikeyan, 2012). The volatility of the stock market makes investment decisions a controversial issue for most investors. Investments of huge amounts of money need proper analysis in order to make an informed decision. Financial statements are indicators of the profitability and financial sustainability of the business. Ratios are tools used to quantify the risk element before making any strategic decisions, more especially, investment decisions. It has been reported to be one of the most important financial ratios, because it provides...
Asian Journal of Business and Management, Mar 4, 2015
Foundations of Management, 2016
The purpose of this paper is to ascertain the perception of management on the benefits of adoptin... more The purpose of this paper is to ascertain the perception of management on the benefits of adopting an environmental management accounting (EMA) system as a waste management tool in a paper and pulp manufacturing company. This paper highlights the benefits of an EMA system and the role and importance of EMA as a decision-making tool in encouraging the adoption of cleaner production (CP) techniques and technologies. This research was based on a case study of a paper and pulp manufacturing company in KwaZulu-Natal. This research was both quantitative and qualitative in nature. Data collection instruments for the study included a Likert-type questionnaire and interviews with the environmental manager and cost accountant but the findings reported in this paper are based on the empirical evidence gathered from the questionnaire which identified that there was positive correlation between environmental performance and CP techniques and technologies. Environmental costs were hidden under ge...
Foundations of Management, 2016
The current environmental challenges caused by the dependence on nonrenewable energy, increased w... more The current environmental challenges caused by the dependence on nonrenewable energy, increased waste disposal, the toxic emissions created by operational activities, and also the scarce supply of water are so complex and important that it requires immediate attention. Strict environmental legislation, market pressures, and urgent need for sustainability have given businesses no option but to ensure that they do all that is possible to ensure that their business operations are sustainable. This paper addresses the underlying factors that determine the extent to which organizations adopt sustainable business practices and cleaner production techniques and technologies. It had been concluded that ethics is linked to sustainable business practices, because the objectives of both these concepts are to think about doing what’s right for others and the world, including the environment. According to the organizational corporate compliance regulations, a company’s commitment to ethical busi...
Asian Journal of Business and Management, Feb 15, 2015
Asian Journal of Business and Management, Feb 27, 2015
Foundations of Management, 2015
Environmental Management Accounting (EMA) is a broader concept of accounting which uses accountin... more Environmental Management Accounting (EMA) is a broader concept of accounting which uses accounting tools and practices to support company-internal management decision making on environmental issues and its impact on company performance. Research on EMA can be divided into two broad categories: theoretical and empirical studies. The theoretical studies based on framework that aim to explain the nature of the relationship between economic and environmental performance and the adoption of Environmental Management Accounting in a business environment. The empirical studies follow two lines of research, instrumental studies aim to empirically test the relationships hypothesized in theoretical studies; descriptive studies are intended to examine the factors that encourage the adoption of EMA. This review paper examined the role of MFCA in identifying non-product output (waste) and its impact on an organisations profitability. Various case studies are examined in this article that demonstr...
Foundations of Management, 2015
The aim of this article to provide a theoretical framework on the concepts of Sustainable Develop... more The aim of this article to provide a theoretical framework on the concepts of Sustainable Development and the process that companies need to follow in order to ensure the future sustainability of business operations. Various secondary sources and previous literature was reviewed to clearly identify why companies are finding it difficult to conduct their business operations in a sustainable manner. Stricter legislation and regulations, increased competition, depletion of natural resources and market pressures have placed organisations under increased pressure to improve environmental performance and achieve eco-efficiency. This paper provides comprehensive overview of how companies can achieve the ‘Triple bottom line’ by committing to continuous improvement and adhering to the regulations stipulated according to the International Standards of Organisations (ISO14001).
Foundations of Management, 2015
The aim of this article is to provide reader with a comprehensive insight on the theories, empiri... more The aim of this article is to provide reader with a comprehensive insight on the theories, empirical findings and models of Product Portfolio Management (PPM) during new product development. This article will allow for an in-depth theoretical approach on PPM and demonstrate to managers the importance of adopting PPM as business strategy during decision making. The objective of this paper is to present a literature review of models, theories, approaches and findings on the relationship between Product Portfolio Management and new product development. Relevant statistical trends, historical developments, published opinion of major writers in this field will be presented to provide concrete evidence of the problem being discussed.
Foundations of Management, Jun 1, 2015
The aim of this article to provide a theoretical framework on the concepts of Sustainable Develop... more The aim of this article to provide a theoretical framework on the concepts of Sustainable Development and the process that companies need to follow in order to ensure the future sustainability of business operations. Various secondary sources and previous literature was reviewed to clearly identify why companies are finding it difficult to conduct their business operations in a sustainable manner. Stricter legislation and regulations, increased competition, depletion of natural resources and market pressures have placed organisations under increased pressure to improve environmental performance and achieve eco-efficiency. This paper provides comprehensive overview of how companies can achieve the 'Triple bottom line' by committing to continuous improvement and adhering to the regulations stipulated according to the International Standards of Organisations (ISO14001).
Foundations of Management, 2016
Using material flow cost accounting (MFCA) to identify benefits of eco-efficiency and cleaner pro... more Using material flow cost accounting (MFCA) to identify benefits of eco-efficiency and cleaner production in a paper and pulp manufacturing organization Foundations of Management
Environmental Economics
By focusing on environmental management accounting in SMEs, the study helps SME managers to effec... more By focusing on environmental management accounting in SMEs, the study helps SME managers to effectively understand and find better ways of improving environmental management. The paper investigates environmental management accounting applications in manufacturing small and medium enterprises in Gauteng province. Small and medium enterprises were chosen based on their exclusion from the mainstream research on environmental management accounting (EMA). To achieve the main aim of the study, 24 in-depth interviews were undertaken among SMEs’ managers, accountants, chief executive officers, and owners. The study found that physical EMA is more common in SMEs than monetary EMA. 77% of SMEs’ respondents confirm using physical environmental information in their operations. Therefore, SMEs prefer EMA practices with little cost or no cost attached and practices that can effectively generate returns in the short term. In addition, the avoidance of monetary EMA is anchored on the premise of avo...
Handbook of Research on Climate Change and the Sustainable Financial Sector
The comprehensive climate risk index (CRI) is used to proxy climate change risk in this chapter a... more The comprehensive climate risk index (CRI) is used to proxy climate change risk in this chapter as an independent variable alongside control variables such as credit risk/nonperforming loan (CRISK), total asset (TA), leverage (LEV), net income margin (NIM), capital adequacy ratio (CAR), yield on earning assets (YEA), and gross domestic product (GDP). Return on assets (ROA) as the response variable was used as proxy for performance of the top six listed South African banks on the Johannesburg stock exchange. Using Stata in a multiple regression technique for the period 2006 to 2019, this chapter concludes that the CRI is negative but not significant enough to impact performance of banks; however, its different individual components such as drought index, rain-waterlogged, etc. could be computed and regressed with other profitability measures to investigate their impact on performance of the banks in future editions of this book.
Journal of Economics and Behavioral Studies
This study is aimed at investigating the declining sucrose levels in South African sugar cane usi... more This study is aimed at investigating the declining sucrose levels in South African sugar cane using principal component analysis. The agricultural production of sugar cane has been one of the major sources of income to the South African economy. Sucrose has been classified in the analysis of Brix percentage of sugarcane juice as one of the most important parameters of sugar composition, due to its usefulness, among the components in sugar cane which are needed for farmers to generate income within the economy. However, data indicates that the sucrose content decline which began in 2014 is still ongoing, representing great loss to the farmers. To investigate this trend, this study has regressed the sucrose percentage in cane as a dependent variable against the ratio in Tons of cane to 1 Ton of sugar, tons of cane crushed, tons of sugar made, and yields per hectare of harvested cane. The study used correlation matrices, summary statistics and principal component analysis as tools in c...
Journal of Economics and Behavioral Studies
The study investigates which factors determine sucrose quality in the South African sugar cane pr... more The study investigates which factors determine sucrose quality in the South African sugar cane production process. Though South Africa is the 8th largest producer of sugar cane in the world and the highest in Africa, a decline has been observed in the production of high quality sugar in the country. The study adopts the Auto Regressive Distributive Lags (ARDL) technique to analyze sugar cane production time series data from 1980 to 2016 in South Africa. Ten variables were tested, including Average Temperature, Stalk growth, Evaporation, and Soil Water Content (100mm). Our findings revealed that on both the short and long run, some of the variables investigated have the tendency of increasing sucrose level in sugar cane while an increase in other variables would decrease sucrose level altogether. However, the impact of Soil Water Content (100mm) appears not to be statistically significant on sucrose production in our regression model in the short and long run. Of special interest are...
Foundations of Management
The survival of any industrial organization depends on whether producing goods or services hinge ... more The survival of any industrial organization depends on whether producing goods or services hinge on how innovative they have become in managing their product portfolio to craft new products that changes with the ever-changing tastes and needs of their customers. This study delves in to the models and theories that drive product portfolio management practices in a way that they support the successes of new product development. Our review is based on selected studies at the frontier of product management, summarized, and compared based on authors experiences, subsisting models, and theories with the results purely based on qualitative rather than quantitative approaches. The essence is to explore possible new theory or model in this field of research.
Journal of Economics and Behavioral Studies, 2017
This paper examines the nexus of working capital management and financial performance of selected... more This paper examines the nexus of working capital management and financial performance of selected multinational food and beverages industries in Nigeria for the period between 2006 and 2014 and establishes its linkage with risk-return theory. An explanatory research design is adopted and the secondary data used were gathered from 5 purposively selected quoted food and beverages companies using GLS panel regression analysis. The pooled regression shows that account receivable ratio (ARR) and debt ratio (DER) have negative effect but significant at 1%, working capital (WCA) is also significant at 5% but had positive effect, however, sales growth (SGR) was insignificant. It is also discovered from the Fixed Effect Estimation that working capital management variables such as account receivable ratio (ARR) and debt ratio (DER) have negative effect but significant at 1%, working capital (WCA) is also significant at 5% but has positive effect, while sales growth (SGR) has negative effect b...
Foundations of Management, 2016
The aim of this study is to use material flow cost accounting (MFCA) to assess the level at which... more The aim of this study is to use material flow cost accounting (MFCA) to assess the level at which cleaner production (CP) can improve both environmental and economic performance of an organization. Higher energy and raw material prices are causing CP to grow in relevance and importance. The amount of waste to landfill is increasing steadily. Most companies are using inefficient processes and technologies that are obsolete resulting in higher production costs, which, in turn, affect their profitability and competitiveness. This study was a case study based on a paper manufacturing company using an exploratory qualitative and quantitative research methodology. The MFCA approach was used to assess the efficiency of the steam production process using coal-fired boilers. The results indicated that the process was inefficient resulting in significant negative environmental and economic impact. Environmental costs were hugely underestimated by management, as non-product output costs were n...
Investment Management and Financial Innovations, 2016
This study attempts to measure the financial performance of the food industry taking the top thre... more This study attempts to measure the financial performance of the food industry taking the top three JSE listed companies Pioneer Foods, Tiger Brands and RCI for the period of 2013-2014. In order to achieve the objectives of this research, ratios such as return on equity (ROE), return on assets (ROA) have been calculated by applying the DuPont analysis. The DuPont analysis is an important tool to measure the operating performance of a firm (Sheela and Karthikeyan, 2012). The volatility of the stock market makes investment decisions a controversial issue for most investors. Investments of huge amounts of money need proper analysis in order to make an informed decision. Financial statements are indicators of the profitability and financial sustainability of the business. Ratios are tools used to quantify the risk element before making any strategic decisions, more especially, investment decisions. It has been reported to be one of the most important financial ratios, because it provides...
Asian Journal of Business and Management, Mar 4, 2015
Foundations of Management, 2016
The purpose of this paper is to ascertain the perception of management on the benefits of adoptin... more The purpose of this paper is to ascertain the perception of management on the benefits of adopting an environmental management accounting (EMA) system as a waste management tool in a paper and pulp manufacturing company. This paper highlights the benefits of an EMA system and the role and importance of EMA as a decision-making tool in encouraging the adoption of cleaner production (CP) techniques and technologies. This research was based on a case study of a paper and pulp manufacturing company in KwaZulu-Natal. This research was both quantitative and qualitative in nature. Data collection instruments for the study included a Likert-type questionnaire and interviews with the environmental manager and cost accountant but the findings reported in this paper are based on the empirical evidence gathered from the questionnaire which identified that there was positive correlation between environmental performance and CP techniques and technologies. Environmental costs were hidden under ge...
Foundations of Management, 2016
The current environmental challenges caused by the dependence on nonrenewable energy, increased w... more The current environmental challenges caused by the dependence on nonrenewable energy, increased waste disposal, the toxic emissions created by operational activities, and also the scarce supply of water are so complex and important that it requires immediate attention. Strict environmental legislation, market pressures, and urgent need for sustainability have given businesses no option but to ensure that they do all that is possible to ensure that their business operations are sustainable. This paper addresses the underlying factors that determine the extent to which organizations adopt sustainable business practices and cleaner production techniques and technologies. It had been concluded that ethics is linked to sustainable business practices, because the objectives of both these concepts are to think about doing what’s right for others and the world, including the environment. According to the organizational corporate compliance regulations, a company’s commitment to ethical busi...
Asian Journal of Business and Management, Feb 15, 2015
Asian Journal of Business and Management, Feb 27, 2015
Foundations of Management, 2015
Environmental Management Accounting (EMA) is a broader concept of accounting which uses accountin... more Environmental Management Accounting (EMA) is a broader concept of accounting which uses accounting tools and practices to support company-internal management decision making on environmental issues and its impact on company performance. Research on EMA can be divided into two broad categories: theoretical and empirical studies. The theoretical studies based on framework that aim to explain the nature of the relationship between economic and environmental performance and the adoption of Environmental Management Accounting in a business environment. The empirical studies follow two lines of research, instrumental studies aim to empirically test the relationships hypothesized in theoretical studies; descriptive studies are intended to examine the factors that encourage the adoption of EMA. This review paper examined the role of MFCA in identifying non-product output (waste) and its impact on an organisations profitability. Various case studies are examined in this article that demonstr...
Foundations of Management, 2015
The aim of this article to provide a theoretical framework on the concepts of Sustainable Develop... more The aim of this article to provide a theoretical framework on the concepts of Sustainable Development and the process that companies need to follow in order to ensure the future sustainability of business operations. Various secondary sources and previous literature was reviewed to clearly identify why companies are finding it difficult to conduct their business operations in a sustainable manner. Stricter legislation and regulations, increased competition, depletion of natural resources and market pressures have placed organisations under increased pressure to improve environmental performance and achieve eco-efficiency. This paper provides comprehensive overview of how companies can achieve the ‘Triple bottom line’ by committing to continuous improvement and adhering to the regulations stipulated according to the International Standards of Organisations (ISO14001).
Foundations of Management, 2015
The aim of this article is to provide reader with a comprehensive insight on the theories, empiri... more The aim of this article is to provide reader with a comprehensive insight on the theories, empirical findings and models of Product Portfolio Management (PPM) during new product development. This article will allow for an in-depth theoretical approach on PPM and demonstrate to managers the importance of adopting PPM as business strategy during decision making. The objective of this paper is to present a literature review of models, theories, approaches and findings on the relationship between Product Portfolio Management and new product development. Relevant statistical trends, historical developments, published opinion of major writers in this field will be presented to provide concrete evidence of the problem being discussed.
Foundations of Management, Jun 1, 2015
The aim of this article to provide a theoretical framework on the concepts of Sustainable Develop... more The aim of this article to provide a theoretical framework on the concepts of Sustainable Development and the process that companies need to follow in order to ensure the future sustainability of business operations. Various secondary sources and previous literature was reviewed to clearly identify why companies are finding it difficult to conduct their business operations in a sustainable manner. Stricter legislation and regulations, increased competition, depletion of natural resources and market pressures have placed organisations under increased pressure to improve environmental performance and achieve eco-efficiency. This paper provides comprehensive overview of how companies can achieve the 'Triple bottom line' by committing to continuous improvement and adhering to the regulations stipulated according to the International Standards of Organisations (ISO14001).