Despite many years of research, the evidence on market efficiency described in this chapter appears to be

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Despite many years of research, the evidence on market efficiency described in this chapter appears to be inconclusive. Some argue that this is because researchers have been unable to link company fundamentals to stock prices precisely. Comment.

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Business Analysis And Valuation Using Financial Statements Text And Cases

ISBN: 9780324118940

3rd Edition

Authors: Krishna G. Palepu, Paul M. Healy, Victor L Bernard

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