n Management Dynamics : Journal of the Southern African Institute for Management Scientists - An analysis of financial ratios of listed South African industrial companies
|Article Title||An analysis of financial ratios of listed South African industrial companies|
|© Publisher:||Southern African Institute for Management Scientists (SAIMS)|
|Journal||Management Dynamics : Journal of the Southern African Institute for Management Scientists|
|Author||Jan Du Plessis and Jan Swanepoel|
|Publication Date||Jan 2002|
|Pages||43 - 49|
The investigation of the cross-sectional distributional forms of financial ratios in the literature is mostly parametric of nature. Most of the previous research attempted to fit the normal distribution and some researchers suggested using the stable paretian distribution. In this study, a non-parametric approach, based on kernel density estimation techniques is used to describe the distributional properties of financial ratios.
Article metrics loading...