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The performance of ownermanaged compared to non-owner managed companies listed on the JSE
Dissertation (MBA)--University of Pretoria, 2010.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613549767950336 |
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| access_status_str | Open Access |
| author2 | Saville, Adrian |
| author_browse | Saville, Adrian |
| author_facet | Saville, Adrian |
| collection | Thesis |
| dc_rights_str_mv | © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/23414 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:37:55.093Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/23414 The performance of ownermanaged compared to non-owner managed companies listed on the JSE Saville, Adrian upetd@up.ac.za Jones, Garth UCTD Business enterprises Dissertation (MBA)--University of Pretoria, 2010. This paper investigates whether there is a difference in the investor returns of companies listed on the Johannesburg Stock Exchange. The analysis covers companies listed in the financial and industrial sectors during the period January 2002 to June 2007 and looks at overall returns, returns through share price changes and returns through dividend distributions. The purpose is to gain insight into whether ownership structure has an effect on company returns and to expand the information base that investors can draw on when assessing opportunities. In performing this research company management and ownership information has been used to categorise companies as owner-managed or non-owner managed and then share price data, dividend distributions have been used to calculate investor returns on a quarterly basis. This allowed descriptive analysis and hypothesis testing to be performed on the data to identify differences and then the statistical significance of any of these differences. The results obtained indicate that there are no statistically significant differences in the overall returns between the two groups but that differences between the two groups of companies do exist, primarily in the makeup of the returns rather than an overall difference in returns. In drawing these conclusions, it became apparent that further questions have arisen, particularly related to the reasons for the difference in nature of the returns. This begs for further investigation. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T15:17:26Z 2010-06-16 2013-09-06T15:17:26Z 2008-04-01 2010-06-16 2010-03-23 Dissertation Jones, G 2007, The performance of owner-managed compared to non-owner managed companies listed on the JSE, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23414 > G10/145/ag http://hdl.handle.net/2263/23414 http://upetd.up.ac.za/thesis/available/etd-03232010-133744/ © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria |
| spellingShingle | UCTD Business enterprises The performance of ownermanaged compared to non-owner managed companies listed on the JSE |
| title | The performance of ownermanaged compared to non-owner managed companies listed on the JSE |
| title_full | The performance of ownermanaged compared to non-owner managed companies listed on the JSE |
| title_fullStr | The performance of ownermanaged compared to non-owner managed companies listed on the JSE |
| title_full_unstemmed | The performance of ownermanaged compared to non-owner managed companies listed on the JSE |
| title_short | The performance of ownermanaged compared to non-owner managed companies listed on the JSE |
| title_sort | performance of ownermanaged compared to non owner managed companies listed on the jse |
| topic | UCTD Business enterprises |
| url | http://hdl.handle.net/2263/23414 http://upetd.up.ac.za/thesis/available/etd-03232010-133744/ |