Publication:
A competitive approach to financial issues: Modern finance theory

dc.contributor.authorsOkur M., Gurbuz A.O.
dc.date.accessioned2022-03-15T02:10:39Z
dc.date.accessioned2026-01-11T13:15:05Z
dc.date.available2022-03-15T02:10:39Z
dc.date.issued2015
dc.description.abstractEfficient Market Hypothesis (EMH) is a cornerstone in modern finance theory. Efficient market hypothesis states that it is impossible to make abnormal returns in financial markets because financial asset prices always reflect all available information. This chapter was undertaken in order to give a brief survey of modern finance theory by mainly focusing on the efficient market hypothesis. The authors also discuss the empirical foundations of the efficient market hypothesis. Finally, the main challenges to the efficient market hypothesis are introduced in order to point out a perspective for future research. © 2015, IGI Global.
dc.identifier.doi10.4018/978-1-4666-6268-1.ch019
dc.identifier.isbn9781466662698; 1466662689; 9781466662681
dc.identifier.urihttps://hdl.handle.net/11424/247545
dc.language.isoeng
dc.publisherIGI Global
dc.relation.ispartofBanking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.titleA competitive approach to financial issues: Modern finance theory
dc.typebookPart
dspace.entity.typePublication
oaire.citation.endPage398
oaire.citation.startPage385
oaire.citation.titleBanking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications
oaire.citation.volume1-3

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