Tests de lEfficience du Marche Financier Marocain

Chiny Faycal

Authors

Chiny Faycal

Keywords:

markets efficiency, casablanca stock market, econometric tests

Abstract

The Moroccan financial market experienced a major modernization wave resulting in an increasing capitalization, a significant "volume & value" of business and a growing number of new IPOs in order to transform the Moroccan economy from a debt economy to a capital market economy and therefore achieve an optimal state of resources allocation. The informational efficiency of the Moroccan financial market has recently become a serious topic that arouses much interest among researchers and practitioners leading to an increasing number of studies in this area. The objective of our paper work is to investigate the weak form efficiency of the Moroccan stock market. We first remind what we mean by "market efficiency" and also the debate on this issue in developed and emerging markets, African markets and Morocco stock market. We then explain in depth the main

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How to Cite

Tests de lEfficience du Marche Financier Marocain. (2015). Global Journal of Management and Business Research, 15(C2), 1-15. https://journalofbusiness.org/index.php/GJMBR/article/view/1655

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