Ushad, Subadar Agathee; Fowdar, Sooraj; Vinesh, … - In: The IUP Journal of Financial Economics VI (2008) 3, pp. 41-52
This paper provides an analysis of return distribution properties in the presence of non-normality of returns. Using secondary data, the study examines the behavior of returns in the emerging African Stock Exchanges, such as Botswana, Ghana, Mauritius, Nigeria and South Africa for the period...