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Trading statement releases and the subsequent price formation process : evidence from the JSE
The relationship between unexpected earnings and security returns subsequent to earnings announcements is widely documented in international studies (e.g., Ball and Brown, 1968; Beaver, 1968; Beaver, 1974; Foster, Olsen and Shevlin, 1984). However, much of this research has been conducted in develop...
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| Format: | Thesis |
| Language: | English |
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Department of Finance and Tax
2015
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