Artikel

An empirical investigation of the goals of listed firms on the Johannesburg Stock Exchange

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.

Language
Englisch

Bibliographic citation
Journal: South African Journal of Business Management ; ISSN: 2078-5976 ; Volume: 13 ; Year: 1982 ; Issue: 2 ; Pages: 76-88 ; Cape Town: African Online Scientific Information Systems (AOSIS)

Classification
Management

Event
Geistige Schöpfung
(who)
Bosch, Johan K.
Du Plessis, Alwyn P.
Event
Veröffentlichung
(who)
African Online Scientific Information Systems (AOSIS)
(where)
Cape Town
(when)
1982

DOI
doi:10.4102/sajbm.v13i2.1177
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Bosch, Johan K.
  • Du Plessis, Alwyn P.
  • African Online Scientific Information Systems (AOSIS)

Time of origin

  • 1982

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