MetaCapitalism Efficiency in Australian Telecommunications Industry

MetaCapitalism was publicly introduced by the consulting firm PriceWaterhouseCoopers (PwC) in 2000 as a methodology that assists firms in becoming more efficient by means of decapitalisation, downsizing and innovation in value-added communities. However, can MetaCapitalism contribute to our understanding of market performance, especially in view of the current credit crisis? The Australian telecommunications sector was chosen for a primary test regarding the effects of MetaCapitalism on companys market performance with relevant data being collected from 1989 to 2007. This research studies how MetaCapitalism indices demonstrate frequent fluctuations during the 18-year period and how this impacts on market performance especially for the large scale telecom companies. The study also provides evidence of how George Solo s theory of reflexivity in the financial market can demonstrate different cognitive and manipulative perceptions of the MetaCapitalism efficiency changes.

Autorentext

Geyi has worked in the Telecoms sector for 5 years in China before commencing her academic career. She gained her Masters of Professional Accounting at University of Wollongong (UoW) Australia in 2006. Continuing her academic endeavours, she emigrated to Australia and completed Masters by Research at UoW in 2009. Currently, Geyi is studying PhD.