Price adjustments on the Johannesburg Stock Exchange for unexpected and dramatic news events: An empirical analysis

The objective of this study is to determine whether companies listed on the Johannesburg Stock Exchange overreacted to unexpected favourable and unfavourable company-specific news events during the period 1970 - 1984. The JSE appears to be inefficient in reacting to the announcement of unfavourable...

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Bibliographic Details
Main Author: N. Bhana
Format: Article
Language:English
Published: AOSIS 1989-09-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/951