TY - JOUR
T1 - Towards a well-functioning stock market in context: Critically appreciating issues in interpreting efficient markets research and its regulatory implications
AU - Haslam, Jim
AU - Ji, Jiao
AU - Sun, Hanwen
PY - 2018/7/30
Y1 - 2018/7/30
N2 - The purpose of this paper is to summarise and reflect upon key issues at the interface of prices, information and regulation with a focus upon the stock market in context. Reflecting upon academic research in the area of efficient markets, and regulatory policy, the concern is to discern issues in terms of policy and support for policy. What does the research imply for policy? Is it possible that the research, perhaps given its rhetoric, can be misinterpreted in relation to policy? The study is also concerned to develop avenues for future research based on these considerations.
AB - The purpose of this paper is to summarise and reflect upon key issues at the interface of prices, information and regulation with a focus upon the stock market in context. Reflecting upon academic research in the area of efficient markets, and regulatory policy, the concern is to discern issues in terms of policy and support for policy. What does the research imply for policy? Is it possible that the research, perhaps given its rhetoric, can be misinterpreted in relation to policy? The study is also concerned to develop avenues for future research based on these considerations.
U2 - 10.1108/JCMS-01-2018-0003
DO - 10.1108/JCMS-01-2018-0003
M3 - Article
SN - 2514-4774
VL - 2
SP - 21
EP - 36
JO - Journal of Capital Markets Studies
JF - Journal of Capital Markets Studies
IS - 1
ER -