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Corporate Ownership and Control

Yıl 2014 , Cilt 11 , Sayı 2

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Başlık :

Revisiting the weak-form efficiency of the australian stock market

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Yazar kurumları :
Griffith Business School, Griffith University, Nathan, QLD 4111, Australia1, Department of Accounting, Finance and Economics, Griffith University, Nathan, Queensland 4111, Australia<
Görüntülenme :
304
DOI :
Özet Türkçe :

We use recent daily data and several testing procedures to re-investigate the weak-form efficiency of the Australian stock of the top 50 companies across different industries. Contrary to most prior studies, our results suggest that the Australian market is weak-form efficient with little or no evidence for short-term return predictability.

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