Question: Please help I will upvote immediately Why might the Neglected Firm Effect actually confirm (not disprove) EMH? Actually, the Neglected Firm Effect does disprove EMH.
Please help I will upvote immediately

Why might the Neglected Firm Effect actually confirm (not disprove) EMH? Actually, the Neglected Firm Effect does disprove EMH. O Strong form EMH suggests that insiders can earn superior returns. The Neglected Firm Effect can be primarily explained through application of material nonpublic information. O Little is publicly known about neglected firms, so it makes logical sense that they might generate superior returns
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
