Efficient Market Hypothesis
Introduction
Objectives
Capital market, being an essential element of today’s economy, demands an intensive and special attention. The objective of this study is to look into every aspect of Bangla-desh capital market and identify its various pros and cons along with efficient market hypothesis.
The specific objectives of this study are:
To give an overall idea about the capital market-its structures, functions, importance, etc.
To compare the relative conditions of Bangladesh capital market effeciency.
Methodology
Secondary data and information were used in preparing this seminar paper, and these were collected through teamwork by adopting the following processes:
* Visiting the website of followings:
Dhaka Stock Exchange (DSE)
Dhaka Chamber of Commerce (DCC) Bangladesh Bank (BB)
Monetary Policy Department (MPD), BB
* Consulting books from different libraries of:
Bangladesh Institute of Development Studies (BIDS) Dhaka Chamber of Commerce (DCC)
Bangladesh Bank (BB) Other Books
Limitations of the study
The vast majority of efficient market research to date has focused on the major United States and European securities market. Far fewer have investigated the developing and less developed countries markets; and no study on this area has been performed on the Dhaka Stock Exchange (DSE). The study seeks evidence supporting the existence of at least weak-form efficiency of the market.:
There was a little scope for research on this crucial subject as all the data was secondary and no way to collect primary data was available.
Lack of a wide coverage due to time constraint. We did not have much time to visit all the relevant places and meet respective personnel.
Only secondary data was used, but there is no alternative of primary data to en-sure the accuracy and effectiveness of the study.
CAPITAL MARKET IN BANGLADESH
Definition
Capital market can be termed as the engine of raising
Objectives
Capital market, being an essential element of today’s economy, demands an intensive and special attention. The objective of this study is to look into every aspect of Bangla-desh capital market and identify its various pros and cons along with efficient market hypothesis.
The specific objectives of this study are:
To give an overall idea about the capital market-its structures, functions, importance, etc.
To compare the relative conditions of Bangladesh capital market effeciency.
Methodology
Secondary data and information were used in preparing this seminar paper, and these were collected through teamwork by adopting the following processes:
* Visiting the website of followings:
Dhaka Stock Exchange (DSE)
Dhaka Chamber of Commerce (DCC) Bangladesh Bank (BB)
Monetary Policy Department (MPD), BB
* Consulting books from different libraries of:
Bangladesh Institute of Development Studies (BIDS) Dhaka Chamber of Commerce (DCC)
Bangladesh Bank (BB) Other Books
Limitations of the study
The vast majority of efficient market research to date has focused on the major United States and European securities market. Far fewer have investigated the developing and less developed countries markets; and no study on this area has been performed on the Dhaka Stock Exchange (DSE). The study seeks evidence supporting the existence of at least weak-form efficiency of the market.:
There was a little scope for research on this crucial subject as all the data was secondary and no way to collect primary data was available.
Lack of a wide coverage due to time constraint. We did not have much time to visit all the relevant places and meet respective personnel.
Only secondary data was used, but there is no alternative of primary data to en-sure the accuracy and effectiveness of the study.
CAPITAL MARKET IN BANGLADESH
Definition
Capital market can be termed as the engine of raising