Chapter | Handbook of Financial Economics | 1980

Tests of Capital Market Theory and Implications of the Evidence

by Michael Jensen

Keywords: Capital Markets; Mathematical Methods;

Citation:

Jensen, Michael. "Tests of Capital Market Theory and Implications of the Evidence." In Handbook of Financial Economics, edited by J. L. Bicksler. North-Holland Publishing Company, 1980. (Originally published in Is Financial Analysis Useless? Proceedings of a Seminar on the Efficient Market and Random Walk Hypotheses (The Financial Analysts Research Foundation, 1975).)