Share price reactions to announcements of foreign direct investment made into the rest of Africa by South African listed retail companies
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| dc.contributor.advisor | MaCleod, Ian | |
| dc.contributor.postgraduate | Chihambakwe, Angelina | |
| dc.date.accessioned | 2020-07-15T13:09:19Z | |
| dc.date.available | 2020-07-15T13:09:19Z | |
| dc.date.created | 2020/09/30 | |
| dc.date.issued | 2020 | |
| dc.description | Mini Dissertation (MBA)--University of Pretoria, 2020. | |
| dc.description.abstract | The South African retail industry is the largest and most sophisticated in Africa. Intensive domestic competition coupled with less sophisticated retail markets in Africa has prompted many South African retailers to expand into the region. This research investigates the impact on shareholder value of announcements of foreign direct investment (FDI) into Africa by retail companies. The effect of FDI announcements of share price was evaluated using an events study. Based on a sample of 8 Johannesburg Stock Exchange (JSE) listed retail companies and 52 news events from 1994 to 2014, results show a mostly positive response in the share price to FDI announcements. The findings have practical use for corporate leaders’ internationalisation strategy, investor technical trading strategies and policy makers efforts to enhance intra-African investment. | |
| dc.description.availability | Unrestricted | |
| dc.description.degree | MBA | |
| dc.description.department | Gordon Institute of Business Science (GIBS) | |
| dc.identifier.citation | Chihambakwe, A 2020, Share price reactions to announcements of foreign direct investment made into the rest of Africa by South African listed retail companies, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/75283> | |
| dc.identifier.uri | http://hdl.handle.net/2263/75283 | |
| dc.language.iso | en | |
| dc.publisher | University of Pretoria | |
| dc.rights | © 2020 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 Pretoria. | |
| dc.subject | UCTD | |
| dc.title | Share price reactions to announcements of foreign direct investment made into the rest of Africa by South African listed retail companies | |
| dc.type | Mini Dissertation |
