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:

Femininity

A set of attributes, behaviors, and roles generally associated with girls and women, often considered in contrast to masculinity.

Sex

Biological and physiological characteristics that define humans as male or female, but in a broader sense, it also refers to activities related to sexual intercourse.

Gender

Roles, behaviors, activities, and attributes deemed appropriate for men and women by societal norms and constructs.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.