A firm's equity price on the stock-market is reported to be closely related to the
Macroeconomic Variable (MVs) of the country in which the firm trades. For this reason …

This paper investigated the weak axiom of the efficient market hypothesis (EMH) as it
applies to fifteen (15) leading stock markets in Africa. There are currently over twenty-nine …

We examine Day-of-the-Week Effect anomaly and volatility in returns on Ghana Stock
Exchange (GSE) and Nairobi Stock Exchange (NSE) using daily closing price indices from …

This quantitative research was conducted to detect the possibility of earnings manipulation
by listed companies on the Ghana Stock Exchange, determine which company size …

The purpose of this study is to estimate the economic value of intra-industry information
transfers within Ghana's banking industry due to the collapse of seven banks. This is a short …

The efficient market hypothesis is highly controversial and often its validity is disputed. So,
this research aims to explore the legitimacy of the efficient market hypothesis in nine …

The study examined the effectiveness of the signaling theory and the efficient market
hypothesis in Nigeria during the period of the COVID-19 pandemic which has been an …

This study tests the random walk theory in the Nigerian stock market by analyzing whether
stock returns follow a random walk distribution. The study employs the daily returns of the …

Purpose The purpose of the paper is to investigate the causal relationships and speed of
adjustment of stock prices to changes in macroeconomic information (MEI) in Ghana from …

The COVID-19 outbreak caused several concerns all over the world. On January 30, 2020,
the World Health Organization (WHO) declared it a global health emergency. This outbreak …