Market efficiency testing on JSE ALT-X : the effect of 2009 recession

Language: English

Published by VDM Verlag Dr. Müller, 2011

3639370449 / 9783639370447

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - This book provides evidence of stock market reaction to earnings announcement during a recessionary period of the business cycle, provides evidence of the earnings' informativeness and provide evidence with regard to capital market efficiency of the Johannesburg Stock Exchange (JSE) ALT-X stock market. Empirical evidence demonstrates that there is substantial negative share price reaction to earnings announcements on the ALT-X stock market. The study in this book indicated that the information content of earnings is quite noticeable; however, during the event window chosen there was a constant stream of information, and no price recovery was observed in this study. The JSE ALT-X also shows the weak form of market efficiency. The research findings on which this book is based on have practical implications for investors, practitioners and academics alike. The findings shed light on the behaviour of a small ALT-X stock market in relation to finance theory.…

Seller Inventory # 9783639370447

Title
Market efficiency testing on JSE ALT-X : the effect of 2009 recession
Author
Vatiswa Mlonzi
Publisher
VDM Verlag Dr. Müller
Publication year
2011
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3639370449
ISBN 13
9783639370447
Item weight
195 grams
Dimensions
22.00x15.00x0.70 cm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
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