Are South African equity investors rewarded for taking on more risk?
Orientation: It is rational for investors to expect additional compensation for an increased risk exposure. This positive risk–return relationship is in line with traditional financial theory; however, this relationship does not always hold in empirical research. Research purpose: The aim of this a...
Main Authors: | Johannes P. Steyn, Lomari Theart |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2019-09-01
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Series: | Journal of Economic and Financial Sciences |
Subjects: | |
Online Access: | https://jefjournal.org.za/index.php/jef/article/view/448 |
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