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ARTÍCULO
TITULO

An investigation into the normality of the distributions of financial ratios of listed South African industrial companies

A. C. Jordaan    
E. V.D.M. Smit    
W. D. Hamman    

Resumen

AbstractIn this article we examine some of the inter-temporal and cross-sectional distributional properties of a selected number of financial ratios of South African industrial companies and we evaluate the effect of a simple procedure of outlier rejection. The normality assumption is rejected consistently in the case of the industry analysis and frequently in the sectoral and yearly analyses.

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