The Efficient Market Hypothesis (EMH) has been the source of much debate and controversy since it was first popularized by Eugene Fama in 1970. Write a brief summary of the core tenants of the EMH, specifically including the three forms of the EMH (including scholarly support). Then, cite recent scholarly research that provided support for the tenets of the EMH and, finally, cite recent scholarly research that provided documentation of an anomaly as it relates to the tenets of the EMH. Do NOT draw sweeping conclusions about the legitimacy of EMH as a result of your research.
The Business Source Complete database (available through the JFL Online Library) is an excellent place to search for finance-specific, peer-reviewed journal articles to provide the required scholarly support.
Each student will complete one discussion in this class. The opening thread must be 400–750
words in current APA format and include at least three outside scholarly sources (e.g., finance-
related, peer-reviewed journal articles, etc.). Citations from the course textbook should be
avoided and will not count as one of the required sources. The student will integrate the
biblical/Christian worldview into the body of the initial post.
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