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The impact of reported corporate governance disclosure on the financial performance of 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_ | 1867613711518138368 |
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| access_status_str | Open Access |
| author2 | Mosala, Thabo |
| author_browse | Mosala, Thabo |
| author_facet | Mosala, Thabo |
| collection | Thesis |
| dc_rights_str_mv | © 2010, 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 Pretori |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/24251 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:40:29.643Z |
| 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:2263/24251 The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE Mosala, Thabo mailto:kabi.kolobe@gmail.com Kolobe, Kabi UCTD Disclosure Financial returns Listed companies Firm evaluations Corporate governance Dissertation (MBA)--University of Pretoria, 2010. This research study is aimed at finding empirical evidence to support a finding from an initial study that corporate governance disclosure is linked with financial performance for JSE listed companies. The study made use of a scorecard previously designed for the initial study to rate the governance disclosure of the various companies. 74 companies from the eight major sectors of the JSE were selected for the sample and financial data for the review period was extracted from MacGregor BFA. Governance was rated based on annual reports and any other information within the public domain. The financial performance measures used were, CAGR using opening and closing share prices, price to book and price/earnings ratio. Using mean disclosure scores, two portfolios were created to compare financial performance, the high and low disclosure portfolios. A simple correlation analysis was then conducted to assess the relationship of governance disclosure with the three different financial measures. The findings indicate a negative correlation between governance disclosure and returns whilst a positive correlat ion is established between governance and firm valuations. Copyright Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T16:58:44Z 2011-05-23 2013-09-06T16:58:44Z 2010-11-10 2010 2011-04-30 Dissertation Kolobe, K 2010, The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/24251 > F11/220/ag http://hdl.handle.net/2263/24251 http://upetd.up.ac.za/thesis/available/etd-04302011-221140/ © 2010, 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 Pretori application/pdf University of Pretoria |
| spellingShingle | UCTD Disclosure Financial returns Listed companies Firm evaluations Corporate governance The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE |
| title | The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE |
| title_full | The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE |
| title_fullStr | The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE |
| title_full_unstemmed | The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE |
| title_short | The impact of reported corporate governance disclosure on the financial performance of companies listed on the JSE |
| title_sort | impact of reported corporate governance disclosure on the financial performance of companies listed on the jse |
| topic | UCTD Disclosure Financial returns Listed companies Firm evaluations Corporate governance |
| url | http://hdl.handle.net/2263/24251 http://upetd.up.ac.za/thesis/available/etd-04302011-221140/ |