Title
The Impact of Black Economic Empowerment on shareprice: A case study of the South African Construction and Property Industry,Used
Delivery time: 8-12 business days (International)
The book is about the impact of Black Economic Empowerment (BEE) on the shareprice of construction and property companies that implemented BEE transactions, post the enacting of the South African government BEE Act of 2003 and published their BEE transactions on the Johannesburg Stock Exchange News Service. The methodology for the impact on shareprice followed that of Brown S. J. and Warner J. B. (1980 and 1985) and measures if there were abnormal returns or residuals as a result of the BEE transaction events. Sharpe's Capital Asset Pricing Model was applied to calculate the expected returns. The abnormal returns or residuals were the difference between the expected returns and the actual returns. Further, the residuals were cumulated using the technique described in Fama, Fischer, Jensen and Roll to get Cumulative Average Residuals (CARS) which were plotted on a graph. When there was abnormal return, the CARS' plot resulted in fractiles which could clearly be identified on the CARS' plot. The findings in the book support the hypothesis that different BEE strategies have different effects and impact on the shareprice of the companies.
By changing our most important processes and
products, we have already made a big leap forward. This ranges from the
increased use of more sustainable fibers to the use of more
environmentally friendly printing processes to the development of
efficient waste management in our value chain.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
Shipping & Returns
Shipping
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.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Shipping & Returns
Shipping
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.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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.).
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.).
Secure Payment
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.
Secure Payment
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.