Does firm-specific information in stock prices guide capital allocation?
By: Artyom Durnev, Randall Morck, Bernard Yeung.
Contributors: Morck, Randall.; Yeung, Bernard, 1953-; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 8093; Working paper series (National Bureau of Economic Research) -- working paper no. 8093.
Publisher: National Bureau of Economic Research
Published: 2001
Place of publication: Cambridge, MA
Language: eng
Number of pages: 53
Subjects: Corporations -- United States -- Valuation.; Corporations -- United States -- Finance.; Stocks -- Prices -- United States.; Efficient market theory -- United States.
Notes: "January 2001."

JEL no. G3.

Includes bibliographical references (p. 50-53).

Electronic access limited to Binghamton University faculty, staff and students for instructional and research purposes only.

Electronic version available via the Internet at the NBER World Wide Web site.