AbstractThis paper reviews some recent developments in the area of beta estimation on the JSE. it turns out that the dual phenomena of extreme thin trading and mild segmentation between the industrial and mining boards on the JSE impact on the techniques used for efficient beta estimation. On the basis of a simulation study as…
De Ratione Template
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About the De Ratione format
De Ratione is a peer-reviewed journal published by Taylor & Francis, covering Financial Reporting and Valuation Research, Corporate Finance and Governance, Financial Markets and Investment Strategies.
| Publisher | Taylor & Francis |
|---|---|
| Reference style | Author–year (Chicago, T&F) Author–year — (Smith, 2023) in the text Smith, Ada, Ben Jones, and Cara Lee. 2023. "A Representative Article Title." De Ratione 12 (3): 45–58.
Formats any DOI in De Ratione style. No sign-up. |
| Publishes research in | Financial Reporting and Valuation Research Corporate Finance and Governance Financial Markets and Investment Strategies Accounting and Organizational Management Taxation and Legal Issues |
| ISSN | 1010-8270 |
| h-index | 9 |
| i10-index | 7 |
| Total citations | 233 |
| Top institutions publishing here | University of Cape Town |
| Journal website | www.tandfonline.com |
| You get | A submission-ready PDF and the editable LaTeX source — ready to submit. |
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Most-cited papers in De Ratione
In spite of the large body of evidence in favour of capital market efficiency in the semi-strong form, several enigmatic findings persist. As much of the research is based on the theoretical foundation of the Capital Asset Pricing Model, the debate concerning these findings has revolved around whether the market is inefficient or the Capital…
The cost of equity capital is a fundamental concept In the field of finance. Its estimation often relies on the application of the Capital Asset Pricing Model. Very little help is offered to the practitioner in the selection of appropriate values for the parameters of this mode), in particular the risk free rate and the…
A comparison is made of first year performance in financiaf accounting between two groups of students, those who studied accounting at secondary school and those who did not. Oata were collected for students over a three year period (1985–1987). Two separate research designs were used to test for differences in performance. Both research designs indicated…
The estimation problems caused by the effects of thin-trading are highlighted. In particular thin-trading is found to be the major cause of bias associated with the estimation of beta coefficients in smaller markets like the JSE. The empical study conducted reveals that the extent of thin-trading on the JSE is indeed significant. Finally some existing…