Nel, Soon; Le Roux, Niël Johannes - In: Journal of Economics, Finance and Administrative Science 22 (2017) 43, pp. 224-250
Purpose – This paper aims to examine the valuation precision of composite models in each of six key industries in South … component regression and various mathematical optimisation methods to test the valuation precision of equity-based composite … represents a substantial gain in valuation precision. Research implications – The evidence, therefore, suggests that equity …