Muzata, Tapiwa; Marozva, Godfrey - In: Global business and finance review 28 (2023) 5, pp. 31-50
selected largest JSE listed companies (by market capitalisation). A 2-step system GMM was used to determine if s-Gini and G … specification, the GMM estimator addressed possible endogeneity bias. GMM estimation method addressed potential over or … shorter panels. GMM analysis on companies listed on the JSE Top40 index was from 2008 to 2020. Overall, the methodology and …