Tests de lEfficience du Marche Financier Marocain

Chiny Faycal

Tests de lEfficience du Marche Financier Marocain

Chiny Faycal *

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Tests de lEfficience du Marche Financier Marocain

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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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27 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Chiny Faycal. 2015. "Tests de lEfficience du Marche Financier Marocain". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 15 (GJMBR Volume 15 Issue C2).

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GJMBR Volume 15 Issue C2

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-C Classification JEL Code: E44

Submission ReceivedFebruary 3, 2015
Peer Review Double Blind
Handling Editor
Accepted March 4, 2015
Published March 15, 2015

Version of record

v1.2

Issue date

March 14, 2015

Language

French

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Article Matrices

Total Score: 122

Country: Morocco

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Chiny Faycal, Mir Ahmed (PhD/Dr. count: 0)

View Count (all-time): 510

Total Views (Real + Logic): 1531

Total Downloads (simulated): 90

Publish Date: 2015 03, Sun

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Total Downloads: 90

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