The performance of conglomerate companies on the Johannesburg Stock Exchange: An empirical evaluation

Existent financial theory is unable to explain whether on aggregate conglomeration is beneficial to either individual shareholders or to the economy. Both advantages and disadvantages can be listed for the conglomeration process and it is thus an empirical question as to whether or not shareholders...

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Bibliographic Details
Main Authors: J. F. Affleck-Graves, G. H. Burt, S. J.M. Cleasby
Format: Article
Language:English
Published: AOSIS 1988-12-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/983