Examlex
According to Merton's strain theory,what causes deviance?
Takeover Announcement
A public declaration that a company intends to acquire another company, often triggering changes in the stock prices of both companies involved.
Strong-form Efficient
A theory suggesting that all information, public and private, is fully reflected in stock prices, and that it is impossible to consistently achieve higher returns.
Semistrong-form Efficient
Refers to a market efficiency form where prices include all publicly available information, including both historical and newly released financial data.
Weak-form Efficient
A level of market efficiency that assumes all past trading information is already reflected in stock prices, thus negating the ability to gain higher returns through analysis of historical prices.
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