Fapetu et al., 2013 - Google Patents

An empirical analysis of efficiency of the Nigerian capital market

Fapetu et al., 2013

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Document ID
10690372421638705075
Author
Fapetu O
Adesina J
Publication year
Publication venue
Research Journal of Finance and Accounting

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Snippet

This study investigates empirically the efficiency of the Nigerian Stock Market and to test whether professionally managed funds beat the market index or not. The average monthly returns data of five banks over the period 2007 to 2011 were used. The “market model” for …
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