A fundamental evaluation of the top five South African banks after the financial crisis

Journal of Economic and Financial Sciences

 
 
Field Value
 
Title A fundamental evaluation of the top five South African banks after the financial crisis
 
Creator van Heerden, Chris Heymans, André
 
Subject DEA; fundamental analysis; scale efficiency; technical efficiency
Description A significant correlation exists between financial crises and bank liquidity problems, thus exposing the investor to increased risk where the banking industry forms part of their investment portfolios. Also, due to more volatile markets and more complex financing banking activities, the general notion of evaluating only share price trends to determine future investment prospects can become misleading. This paper, therefore, focuses on a multi-stage Data Envelopment Analysis (DEA) model as a complementary share performance tool to the traditional set of fundamental factors. When combining the results from the DEA model and a set of traditional financial measures, Nedbank and FirstRand were found to be the more sensible investment choices for the period under investigation.
 
Publisher AOSIS
 
Contributor
Date 2013-10-31
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/jef.v6i3.256
 
Source Journal of Economic and Financial Sciences; Vol 6, No 3 (2013); 729–760 2312-2803 1995-7076
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://jefjournal.org.za/index.php/jef/article/view/256/336
 
Rights Copyright (c) 2018 Chris van Heerden, André Heymans https://creativecommons.org/licenses/by/4.0
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