It points out that the intrinsic value and the market value constitute the two different sides of enterprise value and the hypothesis of market efficiency is the theory joint of the two.
论文指出企业内在价值和企业市场价值构成了企业价值的两个不同侧面,二者结合的理论枢纽是市场有效性假说。
The core of Efficient Market Hypothesis (EMH) is that the price on any time point in the securities market is the best evaluation of the intrinsic value of securities.
有效市场假说(EM H)的核心思想是,证券市场的价格在任何时点上都是证券内在价值的最佳评估。
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