Risk estimation in the thinly traded JSE environment
Received evidence has come to the fore which suggests that the major source of bias in the estimation of beta coefficients on the JSE can be attributable to the thinly traded phenomenon. In this paper the suitability of a beta estimation procedure which corrects for the effects of thin trading is in...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
AOSIS
1989-12-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/958 |