This research report examines the effect of the announcement of corporate unbundling by
South African corporations listed on the Johannesburg Stock Exchange. This research was
carried out in order to update the literature ...
One of the fundamental tenets of finance is the relationship between risk and return. This research report contributes to the debate by testing the conditional risk-return relationship of shares on the Johannesburg Stock ...
This study examines the impact of strike action on the stock market in SA, particularly
the company share price. In recent years, SA has seen a steady increase in strike actions
related to wage increases, which have ...
The purpose of this dissertation is to motivate, construct and test the suitability of the Fama and French (1993) three-factor model in pricing equities listed on the Johannesburg Stock Exchange. Before this can be achieved, ...
Van Rensburg and Robertson (2003a) stated that the CAPM beta has little or no relationship
with returns generated by size and price to earnings sorted portfolios. This study intends to
demonstrate that a reformulated ...
This study has been prompted by the recent introduction of the JSE Alternative Exchange in South Africa, an alternative listing platform for smaller companies compared to the more established JSE Main Board Exchange. This ...
Most asset pricing theories suggest that asset prices are forward looking and reflect market expectations of future earnings. By aggregating across companies, aggregate market prices may then be used as leading indicators ...