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The economic growth and arrival of low-cost airlines in South Africa has led to a boom in air passenger travel. The OR Tambo International Airport in Johannesburg has seen increased passenger numbers of around 10% per annum. This, combined with FIFA requirements for the Soccer World Cup 2010, has sparked various investments.During the planning of the investment a knowledge gap was identified. A research study by the University of Cape Town has resulted in the development of a long-term sketch planning tool that can assist in exploring future scenarios. This paper summarises the development and application of the tool. 相似文献
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Oyebola Fatima Etudaiye-Muhtar Rubi Ahmad Bolaji Tunde Matemilola 《Global Economic Review》2017,46(4):422-440
An appropriate debt maturity structure is essential for firms to enable them align asset structure to liabilities to prevent a mismatch. This study investigates the role of firm-level and institutional variables on debt maturity structure in selected African countries. Using panel generalised method of moment that addresses endogeneity problem; our findings reveal a dynamic process of adjustment to optimal debt maturity structure. Furthermore, firm-level variables (leverage, asset structure and firm size) provide support for the contracting cost, signalling and matching principle theories of debt maturity structure. Results of institutional variables suggest that better developed institutions promote long-term debt maturity structures. 相似文献
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