Equity market informational efficiency: history and development
In economics and finance, the term ‘efficiency’ has several distinct connotations. This term can be used to refer to allocation efficiency, informational efficiency, operational efficiency or technical efficiency.1 At the outset, it is necessary to clarify that in this chapter ‘efficiency’ only refe...
Main Authors: | , |
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Format: | Chapter In Book |
Language: | English |
Published: |
2017
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Subjects: | |
Online Access: | https://eprints.ums.edu.my/id/eprint/20066/1/Equity%20market%20informational%20efficiency.pdf |