The Testing of Efficient Market Hypotheses: A Study of Indian Pharmaceutical Industry
The purpose of this study is to test whether the Indian pharmaceutical companies support efficient market hypotheses (EMH) and examine the efficiency of the Indian stock market in three forms, i.e., the weak, the semi-strong, and the strong form of market efficiency. For testing the weak form of ef...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2020-05-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/9764 |