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In Research Examining Market Efficiency,Bernard and Thomas Examined Quarterly Earnings

question 36

Essay

In research examining market efficiency,Bernard and Thomas examined quarterly earnings announcements.Discuss how Bernard and Thomas test the issue of market efficiency and the results of their research.


Definitions:

Criteria

Standards or principles by which something is judged or decisions are made.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from all members and seeks to minimize the influence of dominant personalities.

Roundtable Discussion

A meeting format where participants, often experts or stakeholders, gather to discuss topics in an open and equal manner, usually seated at a round table to symbolize no hierarchical structure.

Elaboration Likelihood Model

A theory in psychology that explains how the persuasion of a message depends on the likelihood of cognitive processing by the receiver.

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