This paper examines the weak form of informational efficiency for of three major capital markets, namely United Kingdom, United States of America and Japan. Results are obtained for DJI, FTSE 100 and NIKKEI 225 indexes, over a span time from 1995 to 2010. Our analysis uses the so called...

The recent evolution of the Romanian capital market is characterized by an increase in the market volatility as an expression of investors’ uncertainty about the global financial instability. Thus, the objective of this study is to provide an analytical framework for the analysis of the market...

The foreign direct investments are depending not only of economic resources, structures, mechanisms and performances of hosting countries but also on their socio-economic, cultural and political conditions. The objective of this paper is to provide a general framework of the connections between...