The Determinants of Industry Analysis: An Application to Practitioners of Money Management
Abstract
This research study examines whether practitioners of money follow the precepts of the Finance profession. The theory of finance believes in the efficiency hypothesis. It states that an investor may not beat the averages consistently, and so s/he should invest in an index fund. We discover that practitioners of money believe they can surpass the return of an index, and, thus, they invest aggressively. One of the techniques they use is the analysis of industries. Thus, they analyze the external environment, the business cycle, the industry life cycle and finally the competitive environment.
Full Text:
PDFDOI: https://doi.org/10.5296/jmr.v5i1.2642
Copyright (c)
Journal of Management Research ISSN 1941-899X
Email: jmr@macrothink.org
Copyright © Macrothink Institute
To make sure that you can receive messages from us, please add the 'macrothink.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.