Browsing Theses and Dissertations by Subject "An empirical investigation into market efficiency"
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An empirical investigation into market efficiency and the effects of Cash dividend announcements on share prices of companies listed on the Nairobi stock exchange
(School of Business ( SOB ), 2006)An efficient market is one in which prices fully reflect available information. An implication of an efficient market is that no excess returns can be made from this information because current prices already reflect the ...