Academic books suggest that there is a correlation between risk and return. In this study companies listed on the Johannesburg Stock Exchange were reviewed over a ten year period. Risk measures (standard deviation and beta) were calculated over the first five years for each company. The...

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...