A measure of the investment climate in South Africa

dc.contributor.authorTongai Foto
dc.date.accessioned2026-09-04T12:03:55Z
dc.date.available2026-09-04T12:03:55Z
dc.date.issued2009
dc.description.abstractInvestor confidence is a concept many investors are constantly trying to gauge. In practice however, these concepts are usually not easy to measure. This study attempts to capture the total sum of investor perception in South Africa by examining market behaviour. Data from the JSE/FTSE (1995-2009) will be used to determine an Equity Risk Premium. Bond Yield Spreads will also be calculated from data provided by I-NET BRIDGE. An amalgamation of these components will produce the proposed Investment Confidence Index. Similar indices currently on the South African Market are based on subjective surveys and might therefore be biased. The proposed index which is a first in SA will prove invaluable to practitioners in the financial sector.
dc.identifier.urihttps://hdl.handle.net/10566/25357
dc.language.isoen
dc.publisherUniversity of the Western Cape
dc.subjectInvestor Confidence
dc.subjectInvestment Confidence Index
dc.subjectEquity Risk Premium
dc.subjectBond Yield Spreads
dc.subjectSouth African Financial Market
dc.titleA measure of the investment climate in South Africa
dc.typeThesis

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