Capital market efficiency

Capital market efficiency

The degree to which the present asset price accurately reflects current information in the market place. See: Efficient market hypothesis.
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Capital market efficiency and financial innovation--A perspective analysis.
Instead of merely documenting the efficiency or inefficiency of internal capital markets, several studies identify variables that are correlated with the measure of internal capital market efficiency.
Nasser Ahmad Al Shaibi, the Chief Executive Officer of QFMA commenting on the partnership, said, "We initiated this necessary important step to lay down the foundation of the QFMA licensing requirements for individuals working in the industry, We believe that increased competence amongst market practitioners will further favor adoption and compliance with best international standards, significantly improve investor protection and positively impact the financial services as well as enhancing the capital market efficiency, integrity and transparency in Qatar.
The Sultanate has made great strides in the capital markets sector as it has achieved the 30th place in capital market efficiency, according to the 32nd version of the Global Competitiveness Report 2011-2012.
The Sultanate was also ranked 30th in capital market efficiency and 51st in technological readiness compared to 59th last year.
He suggested steps to improve the capital market efficiency.
DeSantis says, "XBRL has the potential to significantly advance financial reporting and increase capital market efficiency.
Hector Sants, of the FSA, said: "We believe private equity can significantly enhance capital market efficiency by widening the availability of capital, increasing the effectiveness of company valuations, identifying companies with growth potential and facilitating their transformation.
Using data from the UK subsidiaries of 222 MNEs across 32 countries, and after controlling for subsidiary characteristics, industry and country factors, we test two hypotheses relating external capital market efficiency indicators and to net financial flows from the UK.
The 'gains' to acquiring shareholders often becomes more negative, casting further doubt on both the hypothesis that mergers generate new wealth, and on the generally used assumption of capital market efficiency," the authors wrote.
The goal of independence is "to support user reliance on the financial reporting process and to enhance capital market efficiency.
The capital market section also contains a paper testing international capital market efficiency with a statistical analysis of real rate of return, comparing mean-variance frontiers (by Shahriar Khaksari and Neil Seitz).
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