The historically realised equity risk premium as a guide to future expectations in an emerging market: The case of South Africa
The concept of an equity risk premium (ERP) is fundamental to modern financial theory and central to every decision at the heart of corporate finance. Efforts to quantify ERP are well rewarded by insights into the stability and dynamics of long-term investment performance. Such efforts require the q...
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Format: | Article |
Language: | English |
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AOSIS
2008-04-01
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Series: | Journal of Economic and Financial Sciences |
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Online Access: | https://jefjournal.org.za/index.php/jef/article/view/361 |