title: Corporate governance practices in Fiji: An empirical investigation

authors: Reddy, Krishna

subjects: Corporate governance

abstract: This study investigates the nature and extent of compliance to the principle-based corporate governance initiatives by the listed companies in the South Pacific Stock Exchange (SPSE) in Fiji. Three important questions are addressed: (i) whether listed companies in Fiji have complied with the principle-based governance practices: (ii) did compliance with principle based recommendations lead to an improvement in the listed  company‟s financial performance? and (iii) how the institutional factors  have contributed towards corporate governance practices in Fiji?
Panel data for the SPSE companies over the period 2008-2010 are analysed using ordinary least squares (OLS) regression. Tobin‟s Q, Return on Assets (ROA), Return on Equity (ROE) and Earnings  Before Interest, Tax, Depreciation and Amortisation to Total Revenue (EBITDA2REV) metrics are used as dependent variables.  Findings indicate that listed companies have adopted the Capital Market Development Authority‟s (CMDA) recommendations, establishing subcommittees for audit and remuneration, and having nonexecutive/ independent directors on the board. The result supports the view that the CMDA recommendations  of board sub-committees (Audit and Remuneration)  have had positive influence on company performance measured by Tobin‟s Q. The findings of this study give support to the principle-based corporate governance practices adopted in Fiji.  The results of this study provide useful insights to both regulators and policy analysts (in Fiji and internationally) seeking to enhance both governance and firm performance in their own jurisdiction.

text: Corporate governance practices in Fiji: An empirical investigation This study investigates the nature and extent of compliance to the principle-based corporate governance initiatives by the listed companies in the South Pacific Stock Exchange (SPSE) in Fiji. Three important questions are addressed: (i) whether listed companies in Fiji have complied with the principle-based governance practices: (ii) did compliance with principle based recommendations lead to an improvement in the listed  company‟s financial performance? and (iii) how the institutional factors  have contributed towards corporate governance practices in Fiji?
Panel data for the SPSE companies over the period 2008-2010 are analysed using ordinary least squares (OLS) regression. Tobin‟s Q, Return on Assets (ROA), Return on Equity (ROE) and Earnings  Before Interest, Tax, Depreciation and Amortisation to Total Revenue (EBITDA2REV) metrics are used as dependent variables.  Findings indicate that listed companies have adopted the Capital Market Development Authority‟s (CMDA) recommendations, establishing subcommittees for audit and remuneration, and having nonexecutive/ independent directors on the board. The result supports the view that the CMDA recommendations  of board sub-committees (Audit and Remuneration)  have had positive influence on company performance measured by Tobin‟s Q. The findings of this study give support to the principle-based corporate governance practices adopted in Fiji.  The results of this study provide useful insights to both regulators and policy analysts (in Fiji and internationally) seeking to enhance both governance and firm performance in their own jurisdiction.

year: 2011

title: ﻿﻿Report on UNESCO End of Decade Conference on Education for Sustainable Development

authors: Martin, Betsan

abstract: Education for Sustainable Development (ESD), now often referenced to Education for Global Citizenship has a new platform for implementation through the Global Action Plan and the Aichi Nagoya Declaration. The Global Action Plan provides a structure for States and Organizations to make commitments for ESD¹. The Aichi Nagoya Declaration expresses responsibility for the transformative task of ESD².

text: ﻿﻿Report on UNESCO End of Decade Conference on Education for Sustainable Development Education for Sustainable Development (ESD), now often referenced to Education for Global Citizenship has a new platform for implementation through the Global Action Plan and the Aichi Nagoya Declaration. The Global Action Plan provides a structure for States and Organizations to make commitments for ESD¹. The Aichi Nagoya Declaration expresses responsibility for the transformative task of ESD².

year: 2015

title: Huri whakatau: The call for Māori software requirements elicitation

authors: Brown, Tamahau

abstract: It is essential to consider specifications and design when examining the requirements for new software for stakeholders and software engineers. The Huri Whakatau project investigates current relevant requirements and design techniques to understand the Māori (Indigenous people of Aotearoa) demographic to identify any relevant gaps for examining requirements.

The process has been tested by investigating existing internationally accepted groups and their methodologies to attempt to adapt a new methodology for Māori groups. In the context of the research, an accepted group is defined as a group which is not from a developing country or Indigenous group. The research was able to identify three untested methodologies; this involved conducting an empirical study as a part of the experiment. The decision was to transform the internationally accepted soft systems methodology (SSM) with groups in a user study. Comparing previously recorded satisfaction using the technique and the use of Māori techniques determined that SSM would be the strongest candidate. When testing SSM with participants, overall, there was a higher level of satisfaction with Māori participants using the new proposed adapted Māori approach as opposed to the internationally accepted groups.

text: Huri whakatau: The call for Māori software requirements elicitation It is essential to consider specifications and design when examining the requirements for new software for stakeholders and software engineers. The Huri Whakatau project investigates current relevant requirements and design techniques to understand the Māori (Indigenous people of Aotearoa) demographic to identify any relevant gaps for examining requirements.

The process has been tested by investigating existing internationally accepted groups and their methodologies to attempt to adapt a new methodology for Māori groups. In the context of the research, an accepted group is defined as a group which is not from a developing country or Indigenous group. The research was able to identify three untested methodologies; this involved conducting an empirical study as a part of the experiment. The decision was to transform the internationally accepted soft systems methodology (SSM) with groups in a user study. Comparing previously recorded satisfaction using the technique and the use of Māori techniques determined that SSM would be the strongest candidate. When testing SSM with participants, overall, there was a higher level of satisfaction with Māori participants using the new proposed adapted Māori approach as opposed to the internationally accepted groups.

year: 2023