An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa
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| dc.contributor.advisor | Holman, Glen | en_ZA |
| dc.contributor.author |
Lippert, Joe Mark
|
en_ZA |
| dc.date.accessioned | 2015-01-04T14:47:53Z | |
| dc.date.available | 2015-01-04T14:47:53Z | |
| dc.date.issued | 2010 | en_ZA |
| dc.identifier.citation | Lippert, J. 2010. An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa. University of Cape Town. | en_ZA |
| dc.identifier.uri | http://hdl.handle.net/11427/11318 | |
| dc.description | Includes abstract. | en_ZA |
| dc.description | Includes bibliographical references (leaves 80-84). | en_ZA |
| dc.description.abstract | This paper examines the effect of straight debt announcements on the daily stock returns of Johannesburg Stock Exchange (JSE) listed companies, on The Bond Exchange of South Africa (BESA), during the period 2000 to 2008. The study is an event study that uses the market model to generate expected returns. The average abnormal returns are standardised by their time series standard errors of regression and tested for significance by the t-test. The evidence indicates that the null hypothesis should not be rejected. Furthermore, the study is examined within the context of contemporary capital structure theory. | en_ZA |
| dc.language.iso | eng | en_ZA |
| dc.subject.other | Financial Management | en_ZA |
| dc.title | An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa | en_ZA |
| dc.type | Master Thesis | |
| uct.type.publication | Research | en_ZA |
| uct.type.resource | Thesis | en_ZA |
| dc.publisher.institution | University of Cape Town | |
| dc.publisher.faculty | Faculty of Commerce | en_ZA |
| dc.publisher.department | Department of Finance and Tax | en_ZA |
| dc.type.qualificationlevel | Masters | |
| dc.type.qualificationname | MCom | en_ZA |
| uct.type.filetype | Text | |
| uct.type.filetype | Image | |
| dc.identifier.apacitation | Lippert, J. M. (2010). <i>An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax. Retrieved from http://hdl.handle.net/11427/11318 | en_ZA |
| dc.identifier.chicagocitation | Lippert, Joe Mark. <i>"An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2010. http://hdl.handle.net/11427/11318 | en_ZA |
| dc.identifier.vancouvercitation | Lippert JM. An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa. [Thesis]. University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2010 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/11318 | en_ZA |
| dc.identifier.ris | TY - Thesis / Dissertation AU - Lippert, Joe Mark AB - This paper examines the effect of straight debt announcements on the daily stock returns of Johannesburg Stock Exchange (JSE) listed companies, on The Bond Exchange of South Africa (BESA), during the period 2000 to 2008. The study is an event study that uses the market model to generate expected returns. The average abnormal returns are standardised by their time series standard errors of regression and tested for significance by the t-test. The evidence indicates that the null hypothesis should not be rejected. Furthermore, the study is examined within the context of contemporary capital structure theory. DA - 2010 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2010 T1 - An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa TI - An examination of the price reaction to the announcement of bond issues by Johannesburg Stock Exchange listed companies on the Bond Exchange of South Africa UR - http://hdl.handle.net/11427/11318 ER - | en_ZA |
