An evaluation of the performance of black-influenced and black-owned companies on the Johannesburg Stock Exchange
Master Thesis
2000
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University of Cape Town
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Abstract
From 1995 to 1998 the popular business press regularly reported that black-influenced (BI) and black-owned (BO) companies outperformed the all-share index (ALSI) and the financial and industrial index (F&I). However, popular business press reports were not necessarily based on sound theoretical and/or empirical evidence. Indeed, the favourable publicity BI and BO companies enjoyed in the popular press could have influenced the demand for listed BI and BO companies' shares and, consequently, share price performance.
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Bibliography: leaves 70-76.
Reference:
Botha, M. 2000. An evaluation of the performance of black-influenced and black-owned companies on the Johannesburg Stock Exchange. University of Cape Town.