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ACT301 Week 9 Tutorial PDF PDF

3 Pages·2020·English
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by ['julia cheng']| 2020| 3 pages| English

About ACT301 Week 9 Tutorial PDF

The document discusses capital markets research and the efficient market hypothesis (EMH). It covers two branches of capital markets research: 1) how share prices react to new information releases, indicating the information is useful, and 2) how accurately accounting data reflects share prices, with prices serving as a benchmark to evaluate accounting. While the EMH is commonly used, evidence is mounting that capital markets do not always behave efficiently. The EMH remains influential but researchers are also exploring factors beyond market efficiencies that influence prices and returns.

Detailed Information

Author:['julia cheng']
Publication Year:2020
Pages:3
Language:English
Format:PDF
Price:FREE
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