The existence of the value premium on the Johannesburg Stock Exchange from 1972 to 2001 and extrapolation as explanation
This study investigates the existence of the value premium in South Africa’s equity market, and tests extrapolation as a possible explanation for it. The value premium refers to the widely reported superior performance of share price returns of value companies compared to growth companies. The value...
| Main Author: | |
|---|---|
| Format: | Others |
| Language: | English |
| Published: |
Rhodes University
2011
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10962/d1002711 |