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  1. Synergies in mergers and acquisitions: A critical review and synthesis of the leading valuation practices

    Synergies in mergers and acquisitions: A critical review and synthesis of the leading valuation practices

    Item type: Journal Article • Journal: South African Journal of Accounting Research • Authors: A de Graaf --- Department of Management Accounting, A J Pienaar --- Department of Management Accounting,
    Research demonstrates that mergers and acquisitions (M&As) of business entities may create synergies – Igor Ansoff’s “2 + 2 = 5 effect” – but, crucially, that this is by no means guaranteed. Studies further show that in successful cases, synergies...
  2. A review of the efficiency of the Johannesburg Stock Exchange

    A review of the efficiency of the Johannesburg Stock Exchange

    Item type: Journal Article • Journal: De Ratione • Authors: Narendra Bhana --- Graduate School of Business University of Durban-Westville Private Bag,
    In recent years there has been considerable evidence which contradicts the efficient market hypothesis. This evidence is reviewed with particular attention to the JSE, The efficiency of the JSE is evaluated by using an efficiency scale which ranges from perfect...
  3. Public sector inefficiencies: Are we addressing the root causes?

    Public sector inefficiencies: Are we addressing the root causes?

    Item type: Journal Article • Journal: South African Journal of Accounting Research • Authors: David Fourie --- School of Public Management and Administration, Wayne Poggenpoel --- Faculty of Economic and Management Sciences, South Africa
    Public sectors all over the world face challenges and, thus far, public sector reforms have not been very successful. The public sector, as a key component of any economy, needs to address its challenges adequately to prevent economic growth and...