PROF EON SMIT Last name First name Title Position Area of Speciality Contact Details Tertiary Education Career (Academic) (Period, Employer, Job title) Smit Eon Van Der Merwe Professor Professor in Business Statistics, Business Forecasting, Derivative Instruments, USB Business Statistics, Business Forecasting Telephone (W): +27 21 918 4225 Fax (W): +27 21 918 4289 E-mail: evdms@usb.sun.ac.za 1982: D. Comm. (Economics) - University of Stellenbosch 1972: M. Comm. (Statistics and Economics) - University of Stellenbosch 1971: B. Comm. Hons. (cum laude) - University of Stellenbosch 1969: B.Comm. (cum laude) - University of Stellenbosch 1989 – present University of Stellenbosch Business School, Professor 1996 – 2010 University of Stellenbosch Business School, Director 1993 – 1996 University of Stellenbosch Business School, Associate Director 1986 – 1988 Graduate School of Business, University of Stellenbosch, Associate Professor 1982 – 1986 University of the Western Cape, Professor and Head of Department of Statistics 1976 – 1982 University of the Western Cape, Senior Lecturer, Department of Statistics 1975 – 1976 Department of Planning, Pretoria, Assistant Director (Econometrics) Career (Other) (Period, Employer, Job title) 1972 – 1975 University of Stellenbosch, Junior Lecturer and Lecturer, Department of Statistics Act, or has acted as consultant/adviser for: Bureau for Economic Research Central Economic Advisory Service Margo Tax Commission Egg Control Board South African Deciduous Fruit Board BBDO Research Ready Mixed Concrete Impact Information Ciskei Peoples Development Bank Boland Bank KWV Intermark Goedehoop Citrus Cooperative Eli Lilly Ready Mix Materials Areas of Expertise/ Responsibilities Membership and other Professional Activities Research Interest Publications and Research Department of Finance Stellenbosch Farmers Winery Conningrath Consultants Board of Control of Perishable Products Denel Informatics Shoprite/Checkers Langeberg Food Processors Limited Unifruco Department of Trade and Industry Ceres Fruit Growers Vodacom National Botanical Gardens MTN ESKOM UDV Guiness Source Statistics Economics Business Forecasting Financial Markets South African Statistical Association Economic Association of South Africa Centre for International Research on Economic Tendency Surveys Southern African Finance Association South African Institute for Business Scientists Media involvement Editor: Journal for Studies in Economics and Econometrics Editor: South African Journal of Business Management Former scientific editor: Southern African Journal for Entrepreneurship and Small Business Joint editor: The Investment Analysts Journal Member of editorial panel: Management Dynamics; African Finance Journal; African Journal of Economic and Management Sciences Institutional involvement Chairman of the Management Committee of the Bureau for Economic Research Chairman of the Management Committee of the Institute for Futures Research Chairman of the Society of Graduate Schools of Business (1999-2002) President of the South African Business School Association (2006 – 2007) Other Director of USB-ED Lectures on Marcus Evans International programmes Visiting professor at Reims Management School (2001 - ) Chairman of NRF Committee of Evaluation of South African Researches in the field of Business Management Rated category C2 researcher by NRF. Member of the International Advisory Board of the Polytechnic of Namibia (20042006) Chairman of twenty EQUIS audit teams; member of AMBA and CHE peer review teams. Member of the Advisory Board of Hull University Business School, UK. Member of Scientific Committee, EDUNIVERSAL, Paris Member of EQUIS quality committee, Brussels Director of TSIBA, Chairman of the Academic Board of TSIBA Financial markets Conference proceedings E vd M Smit, “A Century of Business School Education – A Bird’s Eye View”, Proceedings of the Third International Conference of Polish Management Professors, Stellenbosch: Drukarnia, 2013. E vd M Smit, “Business Schools beyond the Crisis: South Africa and beyond”, 2010 EFMD Dean’s Conference, Vienna. D Tassiopoulos, T de Coning and E vdM Smit, “Investigating Strategic Behaviour in Small, Micro and Medium Tourism Enterprises in South Africa”, 2010 International Council for Small Business World Conference, Cincinnati, USA. E vd M Smit, “Business Schools in Africa and the Pedagogy of Hope: A Pedagogical Framework in Support of Economic Development and Social Upliftment”, third Universal World convention, Prague, October 2010. E vd M Smit and D Malan, “Short Term Share Index Overreaction on the JSE” Proceedings of the 11th Annual Conference of the Southern Africa Institute for Management Scientists, Stellenbosch: SAIMS. 1999. D Marais, E vd M Smit and WJ Conradie, “Production and Price Flexibility with Stock Adjustment: South African Evidence from Survey Data”, in KH Oppenländer and G Poser (eds): Social and Structural Change – Consequences for Business Cycle Surveys, 146–176, Aldershot: Ashgate Publishing Ltd. 1998. E vd M Smit and NS Terblanché, “Perceived Risk in Direct Order Catalogue Marketing”, Proceedings of the Ninth Annual Conference of the Southern African Institute of Management Scientists, Pietermaritzburg. 1997. E vd M Smit, “Using Business Survey Data for Timing in Capital Market Decisions”, in K H Oppenländer and G Poser, Business Cycle Surveys: Forecasting Issues and Methodological Aspects, 271-290, Aldershot: Avebury. 1996. M Pellissier and E vd M Smit, “Constructing Sectoral Leading Indicators using Data Reduction Techniques”, in Nerb, G, Oppenländer, K H and Poser, G (eds.): Ciret Studies No. 48, 327-346, München. 1994. E vd M Smit, “Is Business Survey Data of any Value for Decisions in Derivative Securities Markets: Options and Futures?”, Ciret Studies No. 43, 441-459, München. 1992. E vd M Smit and NM du Plessis, “The Challenge to Universities and University Funding in the Future South Africa – A Proposal”, P G du Plessis (ed): Bestuursuitdagings vir 'n Toekomstige Suid-Afrika, University of Pretoria. 1991. E vd M Smit and GR Wesso, “Wat weet Suid-Afrikaanse Ekonome? 'n Empiriese Studie van Kenners se Verwagtinge”, 1990 EBM Research Conference, University of Pretoria. 1991. E vd M Smit and GR Wesso, “Datahersiening en Vooruitskattingsakkuraatheid”, EBM-Conference Report, Stellenbosch. 1989. E vd M Smit and GR Wesso, “Die Akkuraatheid van Enkele Suid-Afrikaanse Ekonomiese Vooruitskattings”, in L A van Wyk and G J de Klerk, (eds): Perspektiewe oor Navorsing in Ekonomie, Bedryfsekonomie en Mannekrag, ABEN: Navorsingsgeskrifte 88-2, Potchefstroom. 1988. E vd M Smit, “The Structural Stability of Econometric Relationships containing Qualitative Data”, in Oppenländer, R H and Poser, G : Contributions of Business Cycle Surveys to Empirical Economics, Gower Publishing Company: Aldershot. 1988. E vd M Smit, “A Systematic Comparison of Expenditure Models of the South African Economy Excluding and Including Opinion Survey Variables”, CIRET Studies, No. 34, 219-234, Munich. 1984. E vd M Smit, “Ontledingsmoontlikhede van die Lopende Bevolkingsopname insake Mobiliteit tussen Sektore, Beroepe en Streke”, Manpower Utilization : Current Population Survey as Information Source, Pretoria : HSRC. 1979. Books/Chapters in books E vd M Smit, “Business Schools and the Pedagogy of Hope – An African Perspective”, in Amann, W (ed.): Humanism in Management Education, Palgrave, 2011. K April and E vdM Smit, “Diverse Discretionary Effort in Workplace Networks: Self over Community in China”, in M Őzbilgin and J Syed (eds.), Managing Cultural Diversity in Asia: A Research Companion, Edward Elgar, Cheltenham and New York, 2010, London. E vd M Smit, “Die Akademiese Aanbod – Bestuurswetenskappe”, in Fourie, J (ed.): Universiteit – wat jy moet weet, Stellenbosch Gabbema Books, 2007. E vd M Smit, “Grondgebruik – Opsies vir die Toekoms”, 163–180, in Du Plessis, N M (ed.): Die Tygerberg, Cape Town, Tafelberg, 1998. T J de Coning, L Kwinana, S Lötter, I Munnik and E vd M Smit, Black People’s Access to Entrepreneurial Power in Corporate South Africa, 42p, Cape Town: AIPA/Francolin Publishers, 1997. D J Marais, E vd M Smit and W J Conradie, “Micro-level Tests for Rational Expectations in South Africa”, 295–318, in Helmstädter, E, Poser, G and Ramser, H J (eds.): Beiträge zur angewandten Wirtschaftsforschung, Berlin: Duncker and Humblot, 1997. Articles in journals E vd M Smit and J Bredenkamp. 2013. “Originator and Generic Medicine: Pricing and Market Share,” International Journal of Pharmaceutical and Health Marketing, Vol. 7, No. 2, 104-119. NA Pangarker and E vd M Smit. 2013. “The Determinants of Box Office Performance in the Film Industry Revisited”, South African Journal of Business Management, Vol. 44, No. 3, 47-58. M Vleggaar and E vd M Smit. 2012. “Non-consumer based Drivers of Store Success in a South African Food Retain Group”, South African Journal of Business Management, Vol.43, No. 4: 15-32. H Olivier, J Volschenk and E vd M Smit. 2011. “Residential Consumers in the Cape Peninsula’s Willingness to Pay for Premium Priced Green Electricity, accepted by Energy Policy, Vol. 39, No.2, 544-550. M Vermeulen and E vd M Smit. 2011. “Dividend Payout and future Earnings Growth: A South African Study, South African Journal of Business Management, Vol. 42, No.4, 33-46. G Jacobs and E vd M Smit. 2010. “Materialism and Indebtedness of Low Income Consumers: Evidence from South Africa’s Leading Catalogue Retailer”, South African Journal of Business Management, Vol. 41, No. 4, 11-133. S Viviers, JK Bosch, E vd M Smit and A Buijs. 2009. “Responsible Investing in South Africa”, Investment Analysts Journal, No. 69, 1-14. R de Wet, JD Krige and E vd M Smit. 2008. “An Investigation into Performance Rankings of the Omega Ratio vs the Sharpe Ratio Applied to South African General Equity Unit Trusts”, Journal for Studies in Economics and Econometrics, Vol. 32, No. 2, 69-83. S Viviers, JK Bosch, E vd M Smit and A Buijs. 2008. “The Risk Adjusted Performance of Socially Responsible Investment Funds in South Africa”, The Investment Analysts Journal, No. 86, 39-55. S Viviers, JK Bosch, E vd M Smit and A Buijs. 2008. “Is Responsible Investing Ethical?”, South African Journal of Business Management, Vol. 39, No.1, 15-25. JM Morrison, CJ Brown and E vd M Smit. 2008. “The Impact of Organizational Culture on Project Management in Matrix Organisations”, South African Journal of Business Management, Vol. 39, No.4, 27-36. S Viviers, NS Eccles, D de Jongh, JK Bosch, E vdM Smit and A Buijs. 2008. “Responsible Investing in South Africa – Drivers, Barriers and Enablers”, South African Journal of Business Management, Vol. 39, No. 4, 37-49. JC de Villiers, TJ de Coning and E vd M Smit. 2007. “Towards an Understanding of the Success Factors in International Twinning and Sister-City Relationships”, South African Journal for Business Management, Vol. 38, No.1. R de Wet, JD Krige and E vd M Smit. 2007. “An Investigation into the Return Distribution of the South African General Equity Universe”, Management Dynamics, Vol. 16, No.3, 2-17. NL Samouillan, CP van Walbeek and E vd M Smit. 2006. “Convergence, Rationality and Accuracy in South African Consensus Economic Forecasts”, Journal for Studies in Economics and Econometrics, Vol. 30, No.2, 147-165. JM Morrison, CJ Brown and E vd M Smit. 2006. “A Supportive Organisational Culture for Project Management in Matrix Organisations: A Theoretical Perspective”, South African Journal of Business Management, Vol. 37, No.4, 3954. D J Visser, T J de Coning and E vd M Smit. 2005. “The Relationships between the Characteristics of the Transformational Leader and the Entrepreneur in South African SME’s”, South African Journal of Business Management, Vol. 36, No. 3, 51-63. Z B Kotze and E vd M Smit. 2005. “An Investigation into Arbitrage Opportunities in Selected South African Financial Markets”, Journal for Studies in Economics and Econometrics, Vol. 29, No. 3, 17-66. L B Friis and E vd M Smit. 2004. “Are Some Fund Managers Better Than Others? Manager Characteristics and Fund Performance”, South African Journal of Business Management, Vol. 35, No. 3, 31-40. E Steyn and E vd M Smit. 2004. “Are Unit Trust Performances inflated at Quarterends?” Investment Analysts Journal, No. 60, 33-38. T Mukwevho and E vd M Smit. 2004. “Share Market Reaction to Good and Bad News: Evidence from South African Consensus Earnings Forecasts”, Journal for Studies in Economics and Econometrics, Vol. 28, No. 3, 81-98. J de K Keyser and E vd M Smit. 2003. “Futures Prices and the Expected Futures Spot Prices of Selected South African Financial Futures Contracts”, Journal for Studies in Economics and Econometrics, Vol. 27, No. 3, 121-132. A Akinjolire and E vd M Smit. 2003. “South African Unit Trust Performance and Strategy in a Changing Economic Climate 1989-2002”, Investment Analysts Journal, No. 58, 41-50. C Mlambo, N Biekpe and E vd M Smit. 2003. “Testing the Random-Walk Hypothesis on Thinly-Traded Markets: The Case of Four African Stock Markets”, The African Finance Journal, Vol. 5, No. 1, 16-35. B Motladiile and E vd M Smit. 2003. “Relationship Between Share Index Volatility, Basis and Open Interest of Futures Contracts: The South African Experience”, South African Journal of Business Management, Vol. 34, No. 3, 41-50. S Gilmour and E vd M Smit. 2002. “Institutional Herding: Evidence from the South African Unit Trust Industry”, Investment Analysts Journal, No. 55, 14–26. W Steyn, W D Hamman and E vd M Smit. 2002. “The Danger of High Growth Combined with a Large Non-cash Working Capital Base – A Descriptive Analysis”, South African Journal of Business Management, Vol. 33, No. 1, 41-47. T T Koorts and E vd M Smit 2002. “Implied Volatility and Warrant Issuing Strategies: Some Evidence from the Johannesburg Stock Exchange”, South African Journal of Business Management, Vol. 33, No. 2, 31-37. W Steyn, W D Hamman and E vd M Smit. 2002. “Measuring Cash Flow Flexibility of Companies – the Cumulative Index-difference”, South African Journal of Business Management, Vol. 33, No. 4, 41-47. H R Oosthuizen and E vd M Smit 2002. “South African Unit Trusts: Selection Ability and Information Effects”, Tydskrif vir Studies in Ekonomie en Ekonometrie, Vol. 26, No. 3, 19-41. C J Goosen, T J de Coning and E vd M Smit. 2002. “The Development of a Factor Based Instrument to measure Corporate Entrepreneurship: A South African Perspective”, South African Journal of Business Management, Vol. 33, No. 3, 39-52. C J Goosen, T J de Coning and E vd M Smit. 2022. “Corporate Entrepreneurship and Financial Performance: The Role of Management”, South African Journal of Business Management, Vol. 33, No. 4, 21-27. J le Roux and E vd M Smit. 2001. “Seasonal Patterns on the Johannesburg Stock Exchange: Some New Evidence”, Journal for Studies in Economics and Econometrics, Vol. 25, No. 1, 27–61. M P Cook and E vd M Smit. 2001. “Forecasting Cyclical Turning Points in the South African Economy using an Index of Leading Indicators in Conjunction with a Probabilistic Approach”, Journal for Studies in Economics and Econometrics, Vol. 25, No. 3, 75–104. A E Nell, W D Hamman and E vd M Smit. 2001. “Dividendveranderings in Suid-Afrika – Tekenend van die Verlede of Toekoms”, Journal for Studies in Economics and Econometrics, Vol. 25, No. 2, 61–68. J J Pyper and E vd M Smit. 2000. “Diversification on the JSE revisited”, Management Dynamics, Vol. 9, No. 1, 24–64. G R Roth and E vd M Smit. 2000. “Optimal Initial Margin Levels in South African Futures Markets”, Investment Analysts Journal, No. 51, 5–24. J F C von Wielligh and E vd M Smit. 2000. “Persistence in the Performance of South African Unit Trusts”, South African Journal of Business Management, Vol. 31, No. 3, 120–130. L T van den Berg and E vd M Smit. 1999. “The Announcement Effect of Prime Rate Changes on South African Capital Markets: A Note”, Investment Analysts Journal, No. 49, 49–54. P J Heyns, W D Hamman and E vd M Smit. 1999. “Do Share Prices Fully Reflect the Information in Accruals and Cash Flow about Future Earnings?”, South African Journal of Business Management, Vol. 30, No. 4, 122–130. G J P Maas, T J de Coning and E vd M Smit. 1999. “Identifying Indicators that can play a Meaningful Role in Promoting Creativity in SMME’s – A South African Study”, South African Journal of Business Management, Vol. 30, No. 2, 39–47. N S Terblanche, C Boshoff and E vd M Smit. 1999. “Consumers’ Reasons for Purchasing Low Involvement Goods by Mail Catalogue: Preliminary Measurement Guidelines”, South African Journal of Business Management, Vol. 30. No. 3, 93–100. N S Terblanche, C Boshoff and E vd M Smit. 1999. “Risk Relievers in MailOrder Catalogue Retailing”, South African Journal of Economic and Management Sciences, Vol. 2, No. 3, 358–373. A C Robertson, M Page and E vd M Smit. 1999. “Share Market Reaction to Large Daily Declines: Evidence from the JSE”, Journal for Studies in Economics and Econometrics, Vol. 23, No. 3, 15–48. D Walker and E vd M Smit. 1999. “A Study on Diversification in the South African Unit Trust Industry”, Management Dynamics, Vol. 8, No. 1, 25–53. W Z van der Post, T J de Coning and E vd M Smit. 1998. “The Relationship between Organisational Culture and Financial Performance: Some South African Evidence”, South African Journal of Business Management, Vol. 29. No. 1, 30–40. N S Terblanche and E vd M Smit. 1998. “Determinants of the Buy/Non-Buy Decision Purchasing Low Involvement Products by Mail Catalogue Retailing”, Journal for Studies in Economics and Econometrics, Vol. 22, No. 1, 49–68. C F Smit and E vd M Smit. 1998. “Holiday Effects in the South African Futures Market”, South African Journal of Business Management, Vol. 29, No. 3, 119– 134. E vd M Smit and E J Verster. 1998. “Toetse vir Sielkundige Hindernisse in Suid-Afrikaanse Aandelebeursindekse”, Investment Analysts Journal, No. 47, 33–43. W D Hamman and E vd M Smit. 1998. “The Accuracy of Traditional Methods of Estimating Cash Flows: A Note”, Meditari, Vol. 6, 163–180. J Henn and E vd M Smit. 1997. “The Influence of Economic News Events on Share Market Activity in South Africa”, Investment Analysts Journal, No.46, 23–33. W D Hamman, A C Jordaan and E vd M Smit. 1997 “On the Distribution of Cash Flow Ratios of Listed South African Industrial Companies”, SA Journal of Accounting Research, Vol. 11, No. 1, 75–88. D N Greshnev and E vd M Smit. 1997. “Seasonal and Public Holiday Effects in the Commercial Rand/Dollar Exchange Rate during the Period 1984-1995”, South African Journal for Business Management, Vol. 28. No. 1, 6–14. E vd M Smit and H Nienaber. 1997. “Futures-Trading Activity and Share Price Volatility in South Africa”, Investment Analysts Journal, No. 44, 51-59. R van der Merwe and E vd M Smit. 1997. “The Influence of Political News Events on Share Market Activity in South Africa”, Investment Analysts Journal, No. 44, 11–24. J Burger and E vd M Smit. 1997. “The Relationship between Share Price Volatility on the JSE and Mispricing and Open Interest on SAFEX”, Investment Analysts Journal, No. 46. D J Marais, E vd M Smit and W J Conradie. 1997. “Micro-level Tests for Rational Expectations in South Africa”, South African Journal for Business Management, Vol. 28, No. 1, 15–26. W Z van der Post, T J de Coning and E vd M Smit. 1997. “An Instrument to Measure Organisational Culture”, South African Journal of Business Management, Vol. 28, No. 4, 147–168. D J Marais, E vd M Smit and W J Conradie. 1997. “Expecation Formation Process: Some Empirical Evidence from Survey Data”, Journal for Studies in Economics and Econometrics, Vol.21, No.1, 57–90. D Bendel, E vd M Smit and W D Hamman. 1996. “Some Evidence of Persistence in South African Financial Time Series”, Journal for Studies in Economics and Econometrics, Vol. 20, No. 1, 59-83. E vd M Smit, W D Hamman, A E Gear and R J Smit. 1996. “Historiese Opbrengste en Risiko’s op Suid-Afrikaanse Kapitaal- en Geldmarkte Herbesoek (1961-1993), Bestuursdinamika, Vol. 5, No. 3, 69–87. M W Louw and E vd M Smit. 1996. “The Relationship between Volatility, Volume and Open Interest: Some Evidence from the South African Futures Market”, South African Journal for Business Management, Vol. 27, No. 4, 113– 121. N S Terblanche, L van der Merwe and E vd M Smit. 1996 “Consumer Behaviour during a Period of Stagflation: Some Findings and Implications for Marketing Management”, South African Journal for Economic and Management Science, Vol. 18, 47–66. F P Cilliers, E vd M Smit and D Kotze. 1996. “Die Modellering van Heteroskedastisiteit in Daaglikse Rand/Dollar Wisselkoersbewegings 19871992”, Investment Analysts Journal, No. 43, 21–30. E vd M Smit and C E du Plessis. 1995. “Market Timing and Share Returns”, Investment Analysts Journal, No. 41, 19–26. W D Hamman, A C Jordaan and E vd M Smit. 1995. “Earnings Changes: A Random Walk? Some South African Evidence”, Investment Analysts Journal, No. 41, 49–56. R D Glass and E vd M Smit. 1995. “The Relationship between Changes in Money Supply and Changes in Share Prices: The Semi-strong Form Efficiency of the Johannesburg Stock Exchange Revisited”, South African Journal for Business Management, Vol. 26, No. 1, 19–27. M J Joubert, E vd M Smit and B W Smit 1995. “Forecasting South African Exchange Rates: Comparing Models and Techniques”, Journal for Studies in Economics and Econometrics, Vol. 19, No. 3, 65–89. W D Hamman and E vd M Smit. 1994. “Die Skatting van RE201 Inflasieregstellings: 'n Akkuraatheidsontleding”, Meditari, 1994, 214–226. A C Jordaan, E vd M Smit and W D Hamman. 1994. “An Investigation into the Normality of the Distributions of Financial Ratios of listed South African Industrial Companies”, South African Journal for Business Management , Vol. 25, No. 2, 65–71. E vd M Smit and W van Rooyen. 1994. “Aandeleopbrengste en Reële Ekonomiese Aktiwiteit - die Suid-Afrikaanse Ondervinding”, Investment Analysts Journal, No. 39, 51–60. S Upsher and E vd M Smit. 1994. “The Intertemporal Relationship between Return and Risk - some recent South African Evidence”, Journal for Studies in Economics and Econometrics, Vol. 18, No. 2, 55–81. N G Mohr and E vd M Smit. 1994. “Minimum Variance Hedge Ratio Analysis for the South African Share Index Futures Market: Duration and Expiration Effects”, Investment Analysts Journal, No. 40, 9–26. G Watson and E vd M Smit. 1994. “Seasonal Patterns in the South African Share Index Futures Market”, South African Journal for Business Management, Vol. 25, No. 4, 155–161. N S Terblanche and E vd M Smit. 1994. “An Exploratory Investigation of Certain Individual Characteristics and Perceptions in Respect of Franchisor Support in Fast Food Franchising”, Southern African Journal for Entrepreneurship and Small Business, Vol. 6, No. 2, E D Loxton, W D Hamman and E vd M Smit. 1994. “The Relevance of Certain Design Elements on the Association between Accounting and Market Based Measures of Risk on the JSE”, South African Journal for Business Management, Vol. 4, No. 2, 137–148. E vd M Smit. 1994. “Die Gebruik van Opnamedata in Ekonomiese Vooruitskatting”, in O Stuart (ed): Gedenkbundel, Bureau for Economic Research, Stellenbosch. J J Bornman, W R Gevers and E vd M Smit. 1993. “Hedging a Share Portfolio with Futures Contracts : A Linear Goal Programming Approach”, Investment Analysts Journal, No. 37, 35–42. M J van der Mescht and E vd M Smit. 1993. “Die Suid-Afrikaanse Kapitaalmark en Effektebeurs as Vooruitskatters van Reële Ekonomiese Aktiwiteit”, Investment Analysts Journal, No. 37, 43–46. A C Jordaan, W D Hamman and E vd M Smit. 1993. “Determinante van die Kapitaalstruktuur van Genoteerde Suid-Afrikaanse Nywerheidsmaatskappye: 1970-1990”, Investment Analysts Journal, No. 38, 21–36. O A L Vosloo, A A Archer and E vd M Smit. 1993. “The Link between the Quality of Mission Statements and Corporate Financial Performance: An Empirical Investigation”, South African Journal for Business Management, Vol. 24, No. 2, 66–72. F S Hattingh and E vd M Smit 1993. “Seisoenale Patrone in die SuidAfrikaanse Kapitaalmark”, South African Journal for Business Management , Vol. 24, No. 4, 142–146. A Snell and E vd M Smit. 1992. “The Impact of the Efficiency of the South African SIF Market on Hedging Effectiveness and Optimal Exposure Measurement”, Investment Analysts Journal, No. 35, 21–28. E vd M Smit and T W Pahn. 1992. “South African Foreign Exchange Risk under Managed Floating: Distributional Aspects”, Investment Analysts Journal, No. 36, 9–21. W R Muil, W D Hamman and E vd M Smit. 1992. “The Distributional Properties of the Financial Ratios of Listed South African Industrial Companies: 1980– 1989”, De Ratione, Vol. 6, No. 2, 20–30. E vd M Smit and L W Philip.1992. “Share Returns, Inflationary Expectations and Monetary Policy: The South African Experience”, Journal for Studies in Economics and Econometrics, Vol. 16, No. 3, 17–34. G S Clarke, W D Hamman and E vd M Smit. 1991. “A Model for Distress Prediction for Privately Owned Industrial Firms in South Africa”, Southern African Journal for Entrepreneurship and Small Business, Vol. 3, No. 1, 31–47. T A Carstens and E vd M Smit. 1991. “Aandeelopbrengste as Vooruitskatters van Inflasie en Rentekoerse: Die Suid-Afrikaanse Ondervinding”, Journal for Studies in Economics and Econometrics, Vol. 15, No. 3, 23–41. E vd M Smit. 1991. “Cost-benefit Analysis as it applies to Small Business Development: A Conceptual Framework”, Southern African Journal for Entrepreneurship and Small Business, Vol. 3, No. 1, 17–24. E vd M Smit and N M du Plessis.1991. “The Challenge to Universities and University Funding in the Future South Africa: A Proposal”, Industrial Relations Journal of South Africa, Vol. 11, No. 433–50. L C Davies and E vd M Smit. 1990. “Historical Forecasting Errors of South African Economic Forecasters - An Exploratory and Graphical Note,” South African Journal for Economic and Management Science, April, 96–108. A Snell and E vd M Smit. 1990. “The Performance of the South African Share Index Futures Market over the Period 1987-1989”, Journal for Studies in Economics and Econometrics, Vol. 14, No. 3, 37-52. T J de Coning, D Tromp and E vd M Smit. 1989. “Die Soeke na Suksesfaktore in Klein Ondernemings – 'n Pragmatiese Benadering”, Journal for Studies in Economics and Econometrics, Vol. 13, No. 1, 1–17. C B Calitz and E vd M Smit. 1989. “Die Kombinering van Ekonomiese Vooruitskattings in die Suid-Afrikaanse Konteks”, South African Journal for Business Management , Vol. 20, No. 4, 178–183. E vd M Smit and G R Wesso. 1988. “Structural Stability in South African Econometric Models”, Journal for Studies in Economics and Econometrics, Vol. 12, No. 1, 51–71. S A Cloete and E vd M Smit.1988. “Policy Implications of the Price Elasticity of Demand for Petrol in South Africa”, South African Journal of Science, Vol. 84, No. 4, 227–229. L L Ooms, A A Archer and E vd M Smit. 1987. “The Information Content of Dividends on the Johannesburg Stock Exchange”, South African Journal for Business Management , Vol. 18, No. 4, 187–197. E vd M Smit. 1986. “Combining Quantitative and Qualitative Data in Business Cycle Analysis”, South African Journal for Business Management, Vol. 17, No. 3, 143–148. E vd M Smit and D Kotze. 1986. “A Psychological Profile of the South African Business Cycle”, Journal for Studies in Economics and Econometrics, No. 20, 7–16. E vd M Smit. 1983. “'n Ekonometriese Bestedingsmodel van die SuidAfrikaanse Ekonomie gebaseer op Kwalitatiewe Data-Insette”, Journal for Studies in Economics and Econometrics, No. 15, 5–36. E vd M Smit. 1983. “The Accuracy of the Carlson-Parkin Method of Quantification”, Journal for Studies in Economics and Econometrics, Special Edition, 89–93. E vd M Smit. 1980. “Modelling the Industrial and Occupational Mobility of a Group of Black Workers”, Journal for Studies in Economics and Econometrics, No. 9, 3–24. E vd M Smit. 1979. “On Tax Ratios in Africa: Comment”, South African Journal for Economics, Vol. 48, 89–92. Commissioned and other research E G Rode, S van der Walt and E vd M Smit, 2010 Estimates of the 2010 Housing Backlog in Western Cape Municipalities, commissioned by the Provincial Government of the Western Cape E vd M Smit, 2004 Forecasting the South African and African Cellular Market, commissioned by Vodacom. E vd M Smit, 2001Demand Forecasts for MTN, commissioned by MTN. J du P Smith and E vd M Smit, 2000 Vodacom: Elements of Strategic Analysis, commissioned by Vodacom. J du P Smith and E vd M Smit, 2000 Curtailing Vodacom’s Growth: The Effect on the Company and the South African Economy, commissioned by Vodacom. E vd M Smit, L J Botha and H J Wiese, 1999 Mid-Term Review of the Tax Holiday Scheme, commissioned by the Department of Trade and Industry. E vd M Smit, 1992 The Demand for Crushed Stone and Sand Products: Analysis and Forecast, commissioned by Ready Mix Materials. B W Smit and E vd M Smit, 1990 'n Ekonometriese Beleidsmodel vir die RSA, commissioned by the SEAD. W D Hamman and E vd M Smit, 1989Belading: Kommentaar en Aanbevelings, commissioned by the KWV. E vd M Smit, 1988 'n Koste-Voordeelhandleiding vir Suid-Afrika (author and coordinator), Central Economic Advisory Serivice. E vd M Smit, 1988 Trends, Recomposition, commissioned by the Bureau for Economic Research. E vd M Smit1987, Pryselastisiteite van enkele Produkkategorieë in die Drankmark, commissioned by the KWV. E vd M Smit, 1985'n Perspektief op die Integrasie van Statistiek, Ekonomie en Ekonometrie, Professional inauguaral address, UWC. E vd M Smit, 1985Die Belastinglas van Direkte en Indirekte Belastings op Huishoudings in die RSA : 'n Beraamde Verdeling tussen Inkomsteklasse en Rassegroepe, commissioned by the Margo Tax Commission. E vd M Smit, 1984 'n Vooruitskattingsmodel vir Ready Mixed Concrete, commissioned by Ready Mixed Concrete. E vd M Smit1983, 'n Bemarkingsmodel vir Ciba Geigy, commissioned for BBDO Research. E vd M Smit, 1983 'n Vooruitskattingsmodel vir Eierverbruik in die RSA, commissioned by Egg Control Board. E vd M Smit, 1982 Die Waarde van Opnamedata in Ekonometriese Modelle, Unpublished D.Comm. dissertation, US. Other achievements E vd M Smit, 1978 'n Ondersoek na die Pryselastisiteit van die Vraag na Enkele Produkkategorieë in die Drankmark, Commissioned by Stellenbosch Farmers Winery. Awarded the USB Sanlam research prize in 1989, 1992 and 1998 Awarded USB Club research prize in 2003 Awarded Standard Merchant Bank prize for best article in De Ratione in 1992 (with WR Muil and WD Hamman) Receives prize for the best paper at the 1999 SAIBW Conference (with D Malan) Awarded the Professional Managers of South Africa Reward for the best article in the South African Journal of Business Management in 2002 (with TJ de Coning and CJ Goosen) Receives Rector’s Award for research excellence in 1999