We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
Published online by Cambridge University Press: 19 October 2009
Among the topics that have been subjected to intensive research by businessschool scholars over the past two decades, few have received more attention than those which collectively comprise the field of investments. What is more important, even fewer have witnessed the plethora of important research findings that has been forthcoming in the investments field. Indeed, it seems reasonable to argue that in recent years no other business field's research accomplishments have been either as impressive or as generally reinforcing.
1 Treynor, Jack L., “The Future of Investment Research.” Speech given at the University of Oregon, May 1974.Google Scholar
2 Lorie, James and Brealey, Richard. Modern Developments in Investment Management. New York: Praeger Publishers, 1972, p. 101.Google Scholar
3 Fama, Eugene F., “Efficient Capital Markets: A Review of Theory and Empirical Work.” Journal of Finance, May 1970, p. 383.CrossRefGoogle Scholar
4 Ibid., p. 384.
5 Lorie, James and Hamilton, Mary. The Stock Market, Theories and Evidence. Homewood, Ill.: Richard D. Irwin, 1973, p. 80.Google Scholar
6 Ibid., p. 80.
7 Clendenen, John C. and Christy, George. Introduction to Investments, 6th ed.New York: McGraw-Hill, 1974, p. 247.Google Scholar
8 Amling, Frederick. Investments, 3rd ed.Englewood Cliffs, N.J.: Prentice-Hall, 1974, p. 544.Google Scholar
9 Cohen, Jerome B., Zinbarg, Edward D., and Zeikel, Andrew. Investment Analysis and Portfolio Management, rev. ed.Homewood, Ill.: Richard D. Irwin, 1973, p. 753.Google Scholar
