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The relationship between annual earnings and share returns on the JSE Securities Exchange
Includes bibliographical references (leaves 91-99).
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| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
College of Accounting
2014
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| _version_ | 1867613765133926400 |
|---|---|
| access_status_str | Open Access |
| author | Kornik, David |
| author2 | Everingham, Geoff |
| author_browse | Everingham, Geoff Kornik, David |
| author_facet | Everingham, Geoff Kornik, David |
| author_sort | Kornik, David |
| collection | Thesis |
| description | Includes bibliographical references (leaves 91-99). |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/5626 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:41:20.775Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | College of Accounting |
| publisherStr | College of Accounting |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/5626 The relationship between annual earnings and share returns on the JSE Securities Exchange Kornik, David Everingham, Geoff Financial Accounting Includes bibliographical references (leaves 91-99). This research study investigates whether the relationship between accounting earnings and share returns observed predominantly in New York Stock Exchange (“NYSE”) studies also holds on the modern-day JSE Securities Exchange (“JSE”). Since the JSE is a relatively small stock exchange in comparison to the NYSE, with substantially different characteristics, the nature of the relationship may differ between the two exchanges. The study finds empirical evidence that this relationship between earnings and share returns is the same. As on the NYSE, accounting earnings disclosures in South Africa are found to have significant information content. Evidence is obtained which shows that accounting earnings do capture a significant portion of the information reflected in share returns, although they are not a timely source of information. 2014-07-31T12:14:13Z 2014-07-31T12:14:13Z 2005 Master Thesis Masters MCom http://hdl.handle.net/11427/5626 eng application/pdf College of Accounting Faculty of Commerce University of Cape Town |
| spellingShingle | Financial Accounting Kornik, David The relationship between annual earnings and share returns on the JSE Securities Exchange |
| thesis_degree_str | Master's |
| title | The relationship between annual earnings and share returns on the JSE Securities Exchange |
| title_full | The relationship between annual earnings and share returns on the JSE Securities Exchange |
| title_fullStr | The relationship between annual earnings and share returns on the JSE Securities Exchange |
| title_full_unstemmed | The relationship between annual earnings and share returns on the JSE Securities Exchange |
| title_short | The relationship between annual earnings and share returns on the JSE Securities Exchange |
| title_sort | relationship between annual earnings and share returns on the jse securities exchange |
| topic | Financial Accounting |
| url | http://hdl.handle.net/11427/5626 |
| work_keys_str_mv | AT kornikdavid therelationshipbetweenannualearningsandsharereturnsonthejsesecuritiesexchange AT kornikdavid relationshipbetweenannualearningsandsharereturnsonthejsesecuritiesexchange |