Kelikume, Ikechukwu; Olaniyi, Evans; Iyohab, Faith A. - In: International journal of management, economics and … 9 (2020) 1, pp. 37-57
This paper investigated the weak axiom of the efficient market hypothesis (EMH) as it applies to fifteen (15) leading stock markets in Africa. There are currently over twenty-nine stock exchanges in Africa with a significant degree of disparities ranging from market size, trading volume, number...