The market reactions to share repurchase announcements on the JSE: an event study
This study examines the market reactions to share repurchase announcements made by companies listed on the Johannesburg Stock Exchange from the years 2003 to 2012. The authors use an event study methodology and the Capital Asset Pricing Model to determine if there was an announcement effect when a s...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
LLC "CPC "Business Perspectives"
2016-04-01
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Series: | Investment Management & Financial Innovations |
Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7579/imfi_en_2016_01cont_Punwasi.pdf |