Browsing Faculty of Economic and Management Sciences by Author "12692174 - Van Heerden, Petrus Marthinus Stephanus"
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The cost of banking services and the technical efficiency of a South African bank
Van Heerden, C.; Van der Westhuizen, G. (2008)Does the performance of one of the four largest banks in South Africa justify the customers’ complaints about the higher bank fees? Data Envelopment Analysis (DEA) was used to estimate the technical efficiency and returns ... -
Establishing the relative competitiveness of South African banking shares: a Kalman filter approach
Van Heerden, Chris; Van Vuuren, Gary (Clute Institute, 2015)It is argued that the Basel III Accord will undermine the ROE of South African banks, and with the downgrading of South African banks during August 2014, will force investors to revaluate South African banking shares as ... -
A fundamental evaluation of the top five South African banks after the financial crisis
Van Heerden, Chris; Heymans, André (Sabinet, 2013)A significant correlation exists between financial crises and bank liquidity problems, thus exposing the investor to increased risk where the banking industry forms part of their investment portfolios. Also, due to more ... -
The influence of higher moments and non-normality on the sharpe ratio: a South African perspective
Van Heerden, Chris (Clute Institute, 2015)Although the general assumption is that daily and monthly return data are normally distributed (Aparicio & Estrada, 2001), the correct statistical distribution of returns must first be established (Linden, 2001), as it ... -
The eminence of risk-free rates in portfolio management: a South-African perspective
Van Heerden, Chris (Clute Institute, 2016)The traditional Capital Asset Pricing Model (CAPM) suggests that the minimum return required by an investor should be equal to the return of a risk-free asset (Reilly & Brown, 2003), which should be stable (Reilly & Brown, ...