The value relevance of accounting earnings and book values to share price on the industrial sector of the JSE securities exchange

Master Thesis

2004

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University of Cape Town

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Abstract
This paper investigates the value relevance of accounting earnings and book value of equity to share price on the Johannesburg Security Exchange (JSE) market. The research was motivated by the results of different researchers on different markets which reveal that the value relevance of accounting earnings and book value has increased on emerging capital markets while it as decreased on developed capital markets.
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Includes bibliographical references.

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