Efficient Market Theory

Abstract: A 5 page paper discussing the theoretical and empirical validity of the weak, semi-strong and strong forms of the theory. Stock market information remains less than completely reliable, as there are those companies that analysts believe should be performing at much higher levels in terms of stock price than the actual prices would indicate; there are others that analysts consistently report as being overvalued. Insider trading indicates that the strong form cannot possibly be valid. Some researchers claim that the problem lies not with the theory but with our ability to measure results correctly, calling for a non-linear, rather than linear, assessment of data. Bibliography lists 8 sources.

Filename: KSEffMkt.doc

Pages: 5

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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