Thesis (Ph.D.)--University of California, Davis, 2008. / Includes bibliographical references.

Thesis (Ph.D.)--Hong Kong University of Science and Technology, 2006. / Includes bibliographical references. Also available in electronic version.

Thesis (Ph. D.)--University of California at Berkeley, 1995. / Includes bibliographical references.

Thesis (Ph. D.)--University of Michigan, 1994. / Includes bibliographical references (leaves 120-124).

No description available.

No description available.

D.Com. / Valuation is an intricate and complex problem. There are many approaches and models pertaining to this problem. The result of all these approaches is that investors are still confused because they are not fully, acquinted with the problems and strengths of the different approaches and models. It is therefore important to try to soIve this problem. The object of the study is to examine all the different approaches, especially the Capital Asset Pricing Model which has undergone extensive development. The literature is thoroughly discussed and various theoretical models which can be used in the valuation process are evaluated critically. The models which are discussed range from the traditional models to the more modern models of valuation. By using the information of 60 shares, the different approaches are empirically tested and practical problems are discussed.

In Fulfilment of the Ph.D. Programme in Finance Graduate School of Business Administration University of the Witwatersrand Johannesburg, South Africa / E.K. 2019

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, Johannesburg, in partial fulfilment of the requirements for the degree of Master of Management in Finance and Investment, 2017 / Capital markets reforms in emerging, and particularly African markets are of a growing concern. Despite various institutional reforms that began in the early 1980s, the capital markets in emerging countries still exhibit signs of illiquidity, high volatility of returns, high concentration levels and inefficiency. Ambiguous results for such reforms have brought into question the affectivity of major capital markets reforms such as change of settlement cycles, particularly in countries where stock markets are sponsored with public funds. This thesis, therefore, intends to assess the effectiveness of capital markets reforms on development of stock markets by looking at the impact of changing settlement cycle on risk and liquidity at JSE. The objective is met through an assessment of a link between institutional structures and stock micro-structural variables, especially liquidity and risk in the literature review and an assessment of past studies on effects of stock market reforms and changes of settlement cycle on liquidity, risk and efficiency of stock markets. The study then tests the effects of settlement cycle on risk by assessing changes in abnormal returns and changes of variance of returns as a result of settlement cycle change at JSE. It also looks at the impact on liquidity by assessing the effects on the illiquidity measure first proposed by Amihund and Mendeison (2002). The study finds that change of settlement cycle at JSE had positive effects of reducing risk and increasing liquidity. The study also finds that there are no effects on trading activity and concludes that changing settlement cycle impacts largely on risk and to a smaller extend liquidity. / MT 2019

Yes