Behavioural Finance essay
PHENOMENON:STOCK MARKET’S INEFFICIENCY AND CHALLENGES Introduction Economists have conventionally considered thestock market as an efficient marketplace. This is because they truststock prices mirror the business sector’s cost of future dividends. However, dividends rely on an organization’s profits. Therefore,stocks’ price must adjust in rejoinder to the latest dataconcerning future earnings. In previous years, numerous lawmakersdoubted the …