What do we mean when we say that capital market research involves a joint test of both

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What do we mean when we say that capital market research involves a joint test of both market efficiency and the model used to estimate abnormal returns?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:17 AM

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What do we mean when we say that capital market research involves a joint test of both

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In order to test the markets response to new information the researcher must have a model of expe...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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