The information content of dividends on the Johannesburg Stock Exchange: An empirical analysis
The authors attempt to make a contribution to the research into the validity of the efficient market hypothesis on the Johannesburg Stock Exchange by investigating the market's reaction to dividend announcements. Evidence is presented that the efficient market hypothesis is not invalidated as t...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
1987-12-01
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Series: | South African Journal of Business Management |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/1017 |