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Is there a Gross Profitability Premium on the Johannesburg Stock Exchange?
This study tests whether a gross-profit-to-assets premium exists on the Johannesburg Stock Exchange (JSE) by constructing portfolios over a 16-year time period from 2002 to 2018. The use of gross-profit-toassets as a stock selection tool has been found to be a viable investment strategy in some deve...
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| Format: | Thesis |
| Language: | English |
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Department of Finance and Tax
2021
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