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Author:Scott, D.
Title:No theory in practice? The efficient market theory rarely applies to smaller companies.
Journal:Management Accounting (London)
1990 : NOV, VOL. 68:10, p. 36-37
Index terms:STOCK MARKETS
SMALL BUSINESS
Language:eng
Abstract:Assessment of need to change the current market theory, related to small companies. Stock-shortage problems. `Spread' and liquidity. Difficulties of small companies. Theories. Efficient market theory. Market valuation. Small company funds. Investment policies. Role of brokers.
SCIMA record nr: 82645
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