Aitken,Brown,Frino and Walter (1995)suggested that the market is more semi- strong- form efficient for small stocks than for large stocks.

Question

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Aitken, Brown, Frino, and Walter (1995) actually suggested that the market is less semi-strong-form efficient for small stocks than for large stocks, indicating that information is more quickly and accurately reflected in the prices of large stocks compared to small stocks.

Aitken,Brown,Frino and Walter (1995)suggested That the Market Is More Semi-