Question: The U.S capital market system is based on the efficient market hypothesis. Agency theory, and positive accounting research. Describe each one of these theories/concepts and

The U.S capital market system is based on the efficient market hypothesis. Agency theory, and positive accounting research. Describe each one of these theories/concepts and how they are interrelated. These are imperfect theories/concepts. As such, also discuss what you perceive as the greatest weaknesses within this system

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