Why does the concept of market efficiency (with respect to information) have no necessary relation to the

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Why does the concept of market efficiency (with respect to information) have no necessary relation to the quality of accounting information? Why is this distinction important with respect to accounting policy making?

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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 06:16 AM

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Why does the concept of market efficiency (with respect to information) have no necessary relation to the

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Market efficiency refers only to the speed with which ...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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