Briefing: The politics of Marikana and South Africa's changing labour relations

Botiveau, Raphaël

doi:10.1093/afraf/adt073

Cited by 15 publications

(6 citation statements)

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“…Thirdly, because previous studies only covered between 2008 and 2013, they have neglected the significant number of years featuring post-Marikana labour unrest, which took place in 2012 (Botiveau 2014;Cairncross and Kisting 2016;Maroun 2018). As a result, we do not yet fully understand what impact the Marikana event has had on the relationship between executive compensation and company performance.…”

Section: Introductionmentioning

confidence: 95%

Executive Compensation and Company Performance: Pre- and Post-Marikana Uprising Analysis

Nkwadi

Matemane

2022

SABR

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Background: Executive compensation has become a controversial topic globally. Recent and past incidents of labour unrest, including those that plagued the South African mining sector in 2012, highlighted the level of controversy on the subject. Purpose: The purpose of this study was to investigate the relationship between executive compensation and company performance in the mining sector of the Johannesburg Stock Exchange (JSE). Methodology: The study was quantitative in nature and used purposive sampling in selecting 28 mining companies listed on the JSE. Estimated generalised least squares (EGLS) and seemingly unrelated regression (SUR) were used to analyse unbalanced panel data spanning from 2007 to 2018. Findings: The results show that there is no relationship between executive compensation and market value added (MVA), revenue growth (RG), return on assets (ROA), and return on equity (ROE) both before and after the Marikana event. In the period before the Marikana event, 2007–2012, economic value added (EVA), share price (SP) and total assets (TA) were statistically significant in explaining variability in executive compensation. However, in the post-Marikana period, 2013–2018, only the TA and earnings per share (EPS) are statistically significant in explaining the variability in executive compensation. Value: This study offers a practical contribution to policy makers and practitioners on pertinent performance measures that can aid in minimising agency costs when designing executive compensation plans.

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Section: Introductionmentioning

confidence: 95%

Executive Compensation and Company Performance: Pre- and Post-Marikana Uprising Analysis

Nkwadi

Matemane

2022

SABR

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“…The strongest form of voice is acting through strikes, and in South Africa, these have often been marked by violence (von Holdt, 2010). In recent years, much scholarly attention has been paid to the wildcat strike at Marikana (Botiveau, 2014; Maree, 2016), which has been referred to as the Marikana Mineworkers Massacre. At the Lonmin platinum mine, 34 miners were killed and 78 were seriously injured, with 10 others killed in the days leading up to the strike, including non‐striking miners, security guards and police officers.…”

Section: Conceptualising Voice In the Majority World: South Africa An...mentioning

confidence: 99%

Conceptualising employee voice in the majority world: Using multiple intellectual traditions inspired by the work of Mick Marchington

Dibben

Cunningham

Bakalov

et al. 2022

Human Res Mgmt Journal

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“…In South Africa, the historical record suggests that the Marikana massacre did exactly this, creating a geographically localized issue cleavage over which a non-trivial number of voters had intense preferences (Holmes, 2012;Mbete, 2015Mbete, , 2016. Two young politicians who had recently been frozen out of the ANC apparatus and were seeking opportunities to re-enter the fray -Julius Malema and Floyd Shivambu -perceived the events in Marikana as a political opportunity for organization and mobilization against the incumbent (Botiveau, 2014). Despite by their own admission having no particular presence in the area during the first half of August 2012, when the strike that preceded the massacre was ongoing, Shivambu and Malema were the first national politicians to arrive after the massacre occurred (Alexander, 2013;Shivambu, 2014).…”

Section: Party Formation In Response To Violencementioning

confidence: 99%

State violence, party formation, and electoral accountability: The political legacy of the Marikana massacre

Kadt¹,

JOHNSON-KANU²,

Sands³

2020

Preprint

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Democratic states often wield coercive force against ordinary people, yet little is known about the electoral consequences thereof. We analyze how incumbent electoral support in South Africa was affected by the Marikana massacre, one of the most high-profile examples of state violence in contemporary democratic Africa, using panel data constructed from polling station returns. In communities proximate to the violence the incumbent party was punished at the polls. We investigate the sources of this change using survey data, and find that these effects are almost exclusively driven by voters switching to a new opposition party that formed in the wake of the massacre, rather than (de-)mobilization. These findings suggest two lessons about the promises and limits of electoral accountability in the context of state violence.

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Briefing: The politics of Marikana and South Africa's changing labour relations

Cited by 15 publications

References 1 publication

Executive Compensation and Company Performance: Pre- and Post-Marikana Uprising Analysis

Executive Compensation and Company Performance: Pre- and Post-Marikana Uprising Analysis

Conceptualising employee voice in the majority world: Using multiple intellectual traditions inspired by the work of Mick Marchington

State violence, party formation, and electoral accountability: The political legacy of the Marikana massacre

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