This paper conducts a review of the literature on the price–volume relationship and its relation with the implications of the adaptive market hypothesis. The literature on market efficiency is classified as efficient market hypothesis (EMH) studies or adaptive market hypothesis (AMH) studies....

Diese Dissertationsschrift hat die in der Praxis beliebte Unternehmensbewertung mit Multiplikatoren börsennotierter Vergleichsunternehmen zum Gegenstand. Um wissenschaftlicher Kritik an Ermessensspielräumen der Methode entgegenzutreten, werden <<intrinsische Multiplikatoren> vorgestellt, die eine Verknüpfung mit...</<intrinsische>

This paper investigates the relation between institutional herding and stock splits. We use data on buying and selling activity of US institutional investors, from 1994 to 2005. We compute the abnormal correlation of trades among institutional investors in companies that have announced a stock...