Are South African equity investors rewarded for taking on more risk?

Orientation: It is rational for investors to expect additional compensation for an increased risk exposure. This positive risk–return relationship is in line with traditional financial theory; however, this relationship does not always hold in empirical research. Research purpose: The aim of this a...

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Bibliographic Details
Main Authors: Johannes P. Steyn, Lomari Theart
Format: Article
Language:English
Published: AOSIS 2019-09-01
Series:Journal of Economic and Financial Sciences
Subjects:
Online Access:https://jefjournal.org.za/index.php/jef/article/view/448