On the price of different classes of shares
Neither the opponents nor the supporters of the efficiency proposition investigate whether stock prices may rationally reflect further elements in addition to future dividends. The experience of several countries, however, shows that market prices of different types of shares may diverge, and someti...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-11-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11113 |