Ntim, Collins G; Opong, Kwaku K; Danbolt, Jo; Dewotor, Frank - Volkswirtschaftliche Fakultät, … - 2008
Despite experiencing rapid growth in their number and size, African stock markets remain highly segmented, small, illiquid and technologically bankrupt, severely affecting their informational efficiency. On this basis, with specific focus on the weak-form of the efficient markets hypothesis, we...