Title
Market efficiency testing on JSE ALTX: the effect of 2009 recession,Used
Delivery time: 8-12 business days (International)
This book provides evidence of stock market reaction to earnings announcement during a recessionary period of the business cycle, provides evidence of the earnings' informativeness and provide evidence with regard to capital market efficiency of the Johannesburg Stock Exchange (JSE) ALTX stock market. Empirical evidence demonstrates that there is substantial negative share price reaction to earnings announcements on the ALTX stock market. The study in this book indicated that the information content of earnings is quite noticeable; however, during the event window chosen there was a constant stream of information, and no price recovery was observed in this study. The JSE ALTX also shows the weak form of market efficiency. The research findings on which this book is based on have practical implications for investors, practitioners and academics alike. The findings shed light on the behaviour of a small ALTX stock market in relation to finance theory.
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.