ScholarLens Back to search
2004•Journal of Chang'an UniversityRequires access

Effect of market for corporate control on efficiency of stock market

Luo Jian-chao

Open publisher page 0 citations

Abstract

Generally following on Efficient Market Hypothesis(EMH), researches on the efficiency of Chinese stock market cannot accurately point out the systematical origin of the market's low efficiency due to the inaccurate definition of stock market efficiency and the undue emphasis on analyzing information efficiency. On the background of institution change, market for corporate control is a fundamental and institutional factor in improving the efficiency of Chinaese stocks market, and its development to some extent directly determines the efficiency of the stock market.

About this research paper

What this paper is about

Generally following on Efficient Market Hypothesis(EMH), researches on the efficiency of Chinese stock market cannot accurately point out the systematical origin of the market's low efficiency due to the inaccurate definition of stock market efficiency and the undue emphasis on analyzing information efficiency. On the background of institution change, market for corporate control is a fundamental and institutional factor in improving the efficiency of Chinaese stocks market, and its development to some extent directly determines the efficiency of the stock market.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Generally following on Efficient Market Hypothesis(EMH), researches on the efficiency of Chinese stock market cannot accurately point out the systematical origin of the market's low efficiency due to the inaccurate definition of stock market efficiency and the undue emphasis on analyzing information efficiency. On the background of institution change, market for corporate control is a fundamental and institutional factor in improving the efficiency of Chinaese stocks market, and its development to some extent directly determines the efficiency of the stock market.

Key concepts: Market efficiency, Stock market, Efficient-market hypothesis, Factor market, Business, Primary market, Stock (firearms), Financial economics

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Effect of market for corporate control on efficiency of stock market — Research Paper | ScholarLens