Bad news disclosures and market bias : do investors underreact?
The seminal market efficiency paradigm in finance is being increasingly challenged by evidence apparently inconsistent with its predictions. Such "anomalies" tend to show that the market does not fully incorporate information upon its release in an unbiased way. Recent literature in financ...
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| Language: | en |
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Cranfield University
2009
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| Online Access: | http://hdl.handle.net/1826/3868 |