The share market reaction to the arrival of unanticipated information: A test of the Uncertain Information Hypothesis to determine the efficiency of the Johannesburg Stock Exchange
The objective of this study is to determine whether companies listed on the Johannesburg Stock Exchange (JSE) overreacted to the arrival of unanticipated information during the period 1975-1992. In this article, a modified version of the Efficient Market Hypothesis called the Uncertain Information H...
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| Format: | Article |
| Language: | English |
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AOSIS
1995-06-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/822 |