The study is aimed at assessing the market reaction to the announcement of the appointment of CEOs of companies listed on the Johannesburg Securities Exchange (JSE). To achieve this objective an event study was conducted. The dataset consist of 43 firms who satisfied the inclusion criteria, who...

The purpose of this study was to investigate whether there are any significant abnormal returns around the public announcement of earnings and to establish whether the efficient capital market hypothesis applies to the small ALT-X market. The population of interest was all the companies that...

Anecdotal evidence suggests that investment in high risk shares will yield superior returns. In this study companies listed on the Johannesburg Stock Exchange were reviewed over a ten year period. The return of each company, over the first five year period, was used to calculate a standard...

Management has a duty to inform both shareholders and investors about the state of health of a firm. Earnings announcements provide a yardstick that can be utilised by the market to assess the wealth and profitability of a firm. The purpose of the study was to investigate whether there are any...

Many investors, practitioners and academicians are interested in knowing the factors that are pertinent in influencing share prices. Growth is generally among the important equity value drivers. Sustainable growth rate (SGR) is important for assessing the shortcomings of company growth and it...