JSE efficiency and share price reaction to forced financial restatements

JSE efficiency and share price reaction to forced financial restatements

This study uses an event study methodology to empirically examine share price reaction to financial restatement announcements resulting from investigations or recommendations by the GAAP Monitoring Panel and tests, in semi-strong form, the efficiency of the Johannesburg Securities Exchange (JSE). Th...

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Bibliographic Details
Main Authors: Shaun Watson, Jacobus Rossouw
Format: Article
Language:English
Published: AOSIS 2012-10-01
Series:Journal of Economic and Financial Sciences
Subjects:
JSE efficiency
restatement of financial statements
event study
abnormal returns
GAAP Monitoring Panel
Online Access:https://jefjournal.org.za/index.php/jef/article/view/292

Internet

https://jefjournal.org.za/index.php/jef/article/view/292

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