https://www.um.edu.mt/library/oar/handle/123456789/22427 2026-06-14T08:50:40Z 2026-06-14T08:50:40Z https://www.um.edu.mt/library/oar/handle/123456789/120485 2024-04-16T04:51:00Z 2017-01-01T00:00:00Z

Title: The effect of second pillar pensions on a Maltese listed company Abstract: Purpose: Pensionable income has become a great concern. Therefore, the objectives of this study are to describe second pillar pensions in Malta, evaluate accounting treatment and disclosures as required by IAS 19, Employee Benefits, and assess the effect of a second pillar pension scheme on a Maltese listed company. A walkthrough along the years presents the amendments that occurred under IAS 19, with special attention to recent amendments, followed by the financial implications of the introduction of a Defined Benefit or Defined Contribution scheme on a Maltese listed entity. Design: This study looks into additional costs that a company would sustain by the introduction of a Defined Benefit or Defined Contribution scheme. A base case scenario is presented for each scheme, followed by a sensitivity analysis. A qualitative case study approach was deemed the most appropriate methodology for this dissertation. Furthermore, the necessary data was provided by the listed company, and was used to compute the necessary computations as required by IAS 19. Findings: Findings demonstrate that under a Defined Benefit scheme, additional pension obligations to be paid upon employees‟ retirement are material, and profits decreased by €0.77m to €4.96m. Conversely, under a Defined Contribution scheme, increase in liabilities was much lower due to a lower percentage being paid into the fund, and the decrease in profits ranged from €0.29m to €0.9m. Conclusion: This study concludes that Defined Benefit schemes are more costly when compared to Defined Contribution schemes since they use actuarial assumptions, including Present Values, to determine the company‟s liabilities, as well as Fair Value accounting for its assets, leading to greater volatility in the accounts. Implications: If a rigorous legal framework is established together with the necessary support and guidance, second pillar pensions might be the next step forward to combat the pension crisis. Description: M.ACCTY.

2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/55792 2020-05-17T05:11:10Z 2017-01-01T00:00:00Z

Title: The effect of unhealthy living on work absenteeism Abstract: The aim of this dissertation is to examine the effect of unhealthy living on work absenteeism. The main determinants of unhealthy living analysed in this study are; obesity, represented by Body Mass Index, lack of physical activity, unhealthy diets, smoking, alcohol consumption, drug use and mental health problems. The study was carried out using two representative national surveys carried out in the Maltese islands in 2002 and 2008. The main finding of this study is that high body mass index, lack of physical activity and mental health problems were the main determinants of increasing absenteeism in 2002. However, the negative effects of high body mass index and physical activity were not present in 2008. Mental health remained persistent as the main determinant causing increases in absenteeism in both years. Description: B.COM.(HONS)ECONOMICS

2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/55786 2020-05-17T05:11:21Z 2017-01-01T00:00:00Z

Title: The determinants of wage distribution in Malta Abstract: Over the years, significant changes in the demographics of the labour force have been recorded. Subsequently, the structure of the labour market has changed over the years. The main scope of this dissertation is that of identifying a set of determinants that affect the wage distribution in Malta. In pursuance of this objective a cross-sectional model for the years 2005 and 2015 is estimated using Labour Force Survey (LFS) microdata. The model created for this study offers the possibility to analyse how the weekly wage is affected by such determinants like gender, age, educational level, occupation type, economic activity, work type, years of experience in the current job and nationality. Signs of coefficients obtained in results are in line with what expected and reviewed in empirical literature. Description: B.COM.(HONS)ECONOMICS

2017-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/55696 2020-05-10T05:14:47Z 2017-01-01T00:00:00Z

Title: Does trust in government influence wellbeing in Malta? Abstract: The objective of this dissertation is to analyse the determinants that influence the wellbeing of the Maltese citizens. It focuses on the impact of trust that individuals have in governmental institutions and employs survey data, representative of people in Malta. The main findings of this research are that trust in government, parliament and in European institutions does influence the wellbeing of Maltese citizens other things being equal. The other variables; employment, health, education, socialise, generalised trust, age, gender, household and locality were found to be significant with regard to the variation in the life satisfaction of the Maltese people. Description: B.COM.(HONS)ECONOMICS

2017-01-01T00:00:00Z