A competitive approach to financial issues: Modern finance theory
Küçük Resim Yok
Tarih
2014
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
IGI Global
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Efficient Market Hypothesis (EMH) is a cornerstone in modern finance theory. Efficient market hypothesis states that it is impossible to make abnormal returns in financial markets because financial asset prices always reflect all available information. This chapter was undertaken in order to give a brief survey of modern finance theory by mainly focusing on the efficient market hypothesis. The authors also discuss the empirical foundations of the efficient market hypothesis. Finally, the main challenges to the efficient market hypothesis are introduced in order to point out a perspective for future research. © 2015, IGI Global.
Açıklama
Anahtar Kelimeler
Kaynak
Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications
WoS Q Değeri
N/A
Scopus Q Değeri
N/A
Cilt
01.Mar
