An empirical investigation of the goals of listed firms on the Johannesburg Stock Exchange
South African Journal of Business Management
Field | Value | |
Title | An empirical investigation of the goals of listed firms on the Johannesburg Stock Exchange | |
Creator | Bosch, Johan K. Du Plessis, Alwyn P. | |
Description | In economics and finance it is often assumed that firms merely seek the maximization of shareholder wealth. In order to test this hypothesis an empirical investigation on the goal structure of firms listed on the Johannesburg Stock Exchange was performed with special reference to the relative importance of the concept of shareholder wealth maximization and social responsibility of the firm.The responses indicated that the wealth maximization hypothesis tested in this survey appears to be applicable for the firms which participated, albeit not always in terms of all the possible parameters of the wealth maximization hypothesis. | |
Publisher | AOSIS | |
Date | 1982-06-30 | |
Identifier | 10.4102/sajbm.v13i2.1177 | |
Source | South African Journal of Business Management; Vol 13, No 2 (1982); 76-88 2078-5976 2078-5585 | |
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://sajbm.org/index.php/sajbm/article/view/1177/1117
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