Efficient Market

Efficient Market

Efficient Market

The concept of efficient market hypothesis (EMH), which proposes that "an efficient market impounds new data into charges rapidly and without bias," (Bowman, 1994, p2) is of major significance to the accounting area for working out the managers' presentation and the effectiveness of having a completely revealed economic statements. With EMH, stakeholders can work out the effectiveness of the nominated administration by discerning the supply price. "In foremost supply markets...a reasonable agreement will be come to as to the share charges which best contemplate the prospects for future money flows..." In an efficient supply market, data ...