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