The Investment Analysts Journal最新文献

筛选
英文 中文
The effect of industrial strikes on the value of shares listed on the Johannesburg Stock Exchange 工业罢工对约翰内斯堡证券交易所上市股票价值的影响
The Investment Analysts Journal Pub Date : 1997-06-01 DOI: 10.1080/10293523.1997.11082366
N. Bhana
{"title":"The effect of industrial strikes on the value of shares listed on the Johannesburg Stock Exchange","authors":"N. Bhana","doi":"10.1080/10293523.1997.11082366","DOIUrl":"https://doi.org/10.1080/10293523.1997.11082366","url":null,"abstract":"ABSTRACTThe objective of this study is to determine the effect of strikes on the share values of a sample of companies listed on the Johannesburg Stock Exchange during the period 1984–1993. The results indicate that strikes do have a negative effect on share prices. The costs of a strike do not appear to be transitory since the losses incurred during the strike period are not counterbalanced by positive excess returns after its conclusion. The findings tend to support the notion that capital markets are usually able to anticipate whether an impending contract deadline will result in a strike or settlement. In the prestrike period, however, the stock market consistently underestimates the cost of a strike to shareholders, as demonstrated by the fact that nearly 70% of the total decline of returns (3,64%) occurs after the strike is announced.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1997-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122436258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Futures-Trading Activity and Share Price Volatility in South Africa 南非期货交易活动和股价波动
The Investment Analysts Journal Pub Date : 1997-06-01 DOI: 10.1080/10293523.1997.11082367
E. Smit, H. Nienaber
{"title":"Futures-Trading Activity and Share Price Volatility in South Africa","authors":"E. Smit, H. Nienaber","doi":"10.1080/10293523.1997.11082367","DOIUrl":"https://doi.org/10.1080/10293523.1997.11082367","url":null,"abstract":"ABSTRACTThe study examines the relationship between futures-trading activity and equity volatility on the JSE for the three main indices. Contrary to findings in other markets, it is shown that positive correlation exists between equity volatility and expected and unexpected trading volumes in both the spot and futures markets. These conclusions seem robust to alternative specifications and indices used. Given an assumption of causality which runs from futures trading volumes to spot market volatility, the results are consistent with the idea that increasing trade in the futures market lead to greater volatility and price destabilisation in the share market.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1997-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132833381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 10
Assessing portfolio performance : the case of South African unit trusts 评估投资组合绩效:以南非单位信托基金为例
The Investment Analysts Journal Pub Date : 1997-06-01 DOI: 10.1080/10293523.1997.11082365
C. Oldfield, M. Page
{"title":"Assessing portfolio performance : the case of South African unit trusts","authors":"C. Oldfield, M. Page","doi":"10.1080/10293523.1997.11082365","DOIUrl":"https://doi.org/10.1080/10293523.1997.11082365","url":null,"abstract":"(1997). Assessing portfolio performance: The case of South African Unit Trusts. Investment Analysts Journal: Vol. 26, No. 44, pp. 25-41.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"53 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1997-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114133359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 18
Investment basics XXXIV : the Du Pont identity 投资基础第二十四章:杜邦身份
The Investment Analysts Journal Pub Date : 1997-06-01 DOI: 10.1080/10293523.1997.11082369
C. Firer
{"title":"Investment basics XXXIV : the Du Pont identity","authors":"C. Firer","doi":"10.1080/10293523.1997.11082369","DOIUrl":"https://doi.org/10.1080/10293523.1997.11082369","url":null,"abstract":"","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1997-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123776771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Determinants of the Risk Perceptions of Investors 投资者风险认知的决定因素
The Investment Analysts Journal Pub Date : 1997-06-01 DOI: 10.1080/10293523.1997.11082368
A. Yates, C. Firer
{"title":"The Determinants of the Risk Perceptions of Investors","authors":"A. Yates, C. Firer","doi":"10.1080/10293523.1997.11082368","DOIUrl":"https://doi.org/10.1080/10293523.1997.11082368","url":null,"abstract":"","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1997-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127475367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Money Market Funds: The missing link in the South African Unit Trust Industry? 货币市场基金:南非单位信托业缺失的一环?
The Investment Analysts Journal Pub Date : 1995-12-01 DOI: 10.1080/10293523.1995.11082344
H. Lambrechts
{"title":"Money Market Funds: The missing link in the South African Unit Trust Industry?","authors":"H. Lambrechts","doi":"10.1080/10293523.1995.11082344","DOIUrl":"https://doi.org/10.1080/10293523.1995.11082344","url":null,"abstract":"Since 1993, the possibility of establishing money market funds (MMFS) in South Africa has received considerable attention. The Financial Services Board (FSB) established a study group to investigate the establishment of this type of unit trust. It met for the first time in September 1993 and the final report and recommendations were completed at the end of August 1994. This paper discusses the characteristics of money market funds, their international development, the possible effect of money market funds on the money supply and monetary control, and possible opportunities for unit trust management companies in South Africa.The paper concludes that the establishment of money market funds in South Africa will create numerous advantages and opportunities for unit trust management companies. There are few problems, if any, which could constitute any obstacle preventing the official go-ahead from being given to an industry which is eagerly awaiting and preparing to launch this new product line.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1995-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125735425","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Earnings changes: A random walk? Some South African evidence 收入变化:随机漫步?一些南非的证据
The Investment Analysts Journal Pub Date : 1995-12-01 DOI: 10.1080/10293523.1995.11082348
W. Hamman, A. Jordaan, E. Smit
{"title":"Earnings changes: A random walk? Some South African evidence","authors":"W. Hamman, A. Jordaan, E. Smit","doi":"10.1080/10293523.1995.11082348","DOIUrl":"https://doi.org/10.1080/10293523.1995.11082348","url":null,"abstract":"The article examines the concept of earnings changes as a random walk for industrial companies listed on the Johannesburg Stock Exchange. The results overwhelmingly support the hypothesis of higgledy piggledy growth using three different test procedures. There is some suggestion that investors can, on the average, identify companies with the highest growth potential.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"207 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1995-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131774164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Liberalising foreign trade: The interaction between the real & monetary sectors 对外贸易自由化:实体部门与货币部门之间的互动
The Investment Analysts Journal Pub Date : 1995-12-01 DOI: 10.1080/10293523.1995.11082347
P. Strydom
{"title":"Liberalising foreign trade: The interaction between the real & monetary sectors","authors":"P. Strydom","doi":"10.1080/10293523.1995.11082347","DOIUrl":"https://doi.org/10.1080/10293523.1995.11082347","url":null,"abstract":"","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1995-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123753257","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Inflation and Price-earnings ratios 通货膨胀和市盈率
The Investment Analysts Journal Pub Date : 1995-12-01 DOI: 10.1080/10293523.1995.11082346
J. U. Villiers
{"title":"Inflation and Price-earnings ratios","authors":"J. U. Villiers","doi":"10.1080/10293523.1995.11082346","DOIUrl":"https://doi.org/10.1080/10293523.1995.11082346","url":null,"abstract":"","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1995-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125183010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Investment Basics: XXXI. Sustainable Growth Models 投资基础:可持续增长模式
The Investment Analysts Journal Pub Date : 1995-12-01 DOI: 10.1080/10293523.1995.11082349
C. Firer
{"title":"Investment Basics: XXXI. Sustainable Growth Models","authors":"C. Firer","doi":"10.1080/10293523.1995.11082349","DOIUrl":"https://doi.org/10.1080/10293523.1995.11082349","url":null,"abstract":"","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1995-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127242815","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 18
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信