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Efficient Market Hypothesis In the last decade a number of record setting frauds were discovered. To defend shareholder value Congress and regulatory agencies responded with
Efficient Market Hypothesis
In the last decade a number of record setting frauds were discovered. To defend shareholder value Congress and regulatory agencies responded with more market regulation to force better corporate governance. One example of this is the Sarbanes Oxley Act.
How efficient do you think the financial markets are today? Do you believe in the EMH? Do you have any alternative theories on efficient markets?
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