مجلة الدراسات المالية والمحاسبية
Volume 8, Numéro 1, Pages 923-929
2017-06-30
The Relation Between Intermediaries And Efficiency In The Capital Market
Authors : Raouya Lemmouchi . Mourad Kouachi .
Abstract
Different theories along with a large number of reviews and research papers have dealt and still up to the current times, dealing with market efficiency and how capital market players can generate abnormal returns making profit out of the inefficient situations in the capital markets. The paper reviews some of the literature on the inefficiency that sometimes can be caused by the financial intermediaries during the process of their functions.
Keywords
Capital markets, financial intermediaries, markets efficiency.
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