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The impact of job satisfaction on the share price of companies listed on the JSE
Dissertation (MBA)--University of Pretoria, 2014.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2015
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| _version_ | 1867613681454415872 |
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| access_status_str | Open Access |
| author2 | Ward, Mike |
| author_browse | Ward, Mike |
| author_facet | Ward, Mike |
| collection | Thesis |
| dc_rights_str_mv | © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2014. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/44456 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:40:00.824Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| 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:2263/44456 The impact of job satisfaction on the share price of companies listed on the JSE Ward, Mike ichelp@gibs.co.za Oni, Opeyemi UCTD Stock exchanges Johannesburg Stock Exchange (JSE) Job satisfaction Quantitative research Dissertation (MBA)--University of Pretoria, 2014. This research evaluates the impact of job satisfaction on the share price of companies listed on the Johannesburg Stock Exchange (JSE). Current HRM theory stipulates that job satisfaction can improve retention and employee motivation leading to accrued benefits for the shareholder (Edmans, 2011). In addition over the last few years, studies have shown the JSE to be inefficient as it does not react rapidly by setting its share price when provided with new qualitative news. This research was conducted as a longitudinal study of the relationship between job satisfaction and shareholder returns. This was done through a quantitative approach using a combination of an event based and style research methodology. The results of this research confirms HRM theory that positive benefits accrued from investing in job satisfaction outweigh the cost. This is shown via a 4.1% pa return over an equal weighted index in the period 2008-2014. In addition the JSE was also shown to be inefficient, as the companies listed on the top employers were still obtaining abnormal returns 59 days after the announcement. The findings of this study thus provide valuable information to traders on the JSE on the returns of listed companies that invest in job satisfaction. zkgibs2015 Gordon Institute of Business Science (GIBS) Unrestricted 2015-04-22T09:16:03Z 2015-04-22T09:16:03Z 2015-03-24 2014 Mini Dissertation Oni, O. (2014). The impact of job satisfaction on the share price of companies listed on the JSE (MBA mini-dissertation).Gordon Institute of Business Science, University of Pretoria. Retrieved from http://repository.up.ac.za/handle/2263/1818 http://hdl.handle.net/2263/44456 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Stock exchanges Johannesburg Stock Exchange (JSE) Job satisfaction Quantitative research The impact of job satisfaction on the share price of companies listed on the JSE |
| title | The impact of job satisfaction on the share price of companies listed on the JSE |
| title_full | The impact of job satisfaction on the share price of companies listed on the JSE |
| title_fullStr | The impact of job satisfaction on the share price of companies listed on the JSE |
| title_full_unstemmed | The impact of job satisfaction on the share price of companies listed on the JSE |
| title_short | The impact of job satisfaction on the share price of companies listed on the JSE |
| title_sort | impact of job satisfaction on the share price of companies listed on the jse |
| topic | UCTD Stock exchanges Johannesburg Stock Exchange (JSE) Job satisfaction Quantitative research |
| url | http://hdl.handle.net/2263/44456 |