The Evaluation Investor's Underreaction in the Tehran Stock Exchange (TSE)

The findings of various Researches have challenged the validity of EMH in the last two decades. One of these challenges, is misreaction of investors to new informations that leads securities prices don’t reflex the real value of securities. This Research has investigated the Underreaction hypothesis...

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Bibliographic Details
Main Authors: Sasan Mehrani, Ali Akbar Nonahal Nahr
Format: Article
Language:fas
Published: University of Tehran 2009-04-01
Series:بررسی‌های حسابداری و حسابرسی
Subjects:
EMH
Online Access:https://acctgrev.ut.ac.ir/article_19964_9705de51d675f7498ea3adc68544c706.pdf