Analyze the Market efficiency of Dubai Stock Exchange Thesis Proposal

Analyze the Market efficiency of Dubai Stock Exchange - Thesis Proposal Example The purpose of the study is to analyse the Market efficiency of Dubai Financial Market (DFM). The thesis will be based around Efficient Market Hypothesis (EMH) of Fama 1970. The term market efficiency is itself derived from the concept of Fama in 1970 which was then formalized and operationalized. The efficient market hypothesis (EMH) describes an efficient market as an entity where fresh statistics or facts are instantly mirrored in the correct format and value in its current security price (Lim, 2009). However the efficiency of financial markets has always been a debatable question which has also been examined empirically by Fama in the form of information sets accessible to the market and then classified Efficient Market Hypothesis into weak-format, semi-strong format and strong-format. It has to be kept in mind that the market efficiency does not really mean that the price of the market should be equal to the market value. It means that that the over-valued stocks and under-valued stocks should be deviated with randomness without incorporation of any kind of biasedness in it. Another implication of the efficient market analysis phenomenon is that the prices of the stock should be of some random walk and all the additional price changes in the near and far future should be only for practical purposes involved and incorporated in it (Abdmoulah, 2010). As the theory of time related with market efficiency came into existence UAE started to flourish. In past 30 years, UAE has exceptionally transformed its market and the growth rates have been tremendously making UAE the most sought out market after Gulf countries. With this transformation into the economic world, UAE started structuring financial markets like Dubai Financial Market (DFM) and Abu Dhabi Securities Market (ADSM) in the year 2000. Since their establishment the ADSM has grown by an estimated 343% while DFM (Dubai Financial Market) has increased by an astonishing

Wireless technology Coursework Example | Topics and Well Written Essays - 1250 words

Wireless technology - Coursework Example Compared to the positive impacts, negative impacts of wireless technology on the environment are dependent on prolonged exposure linked to long-term use in moving people and goods, offering public services, powering the future, and nourishing people. In addition, wireless technology has made way into home, workplaces, and schools increasing concerns over the impacts on the environment in all these areas. This section focuses on both the negative and positive impacts that wireless technology has on the environment. The areas of study include hazards to humans, resources depletion, inventions’ discovery, and impact on wildlife, pollution of air and water, and short-lived and long-lived waste disposal impacts. Other areas of study include endangering of species, spotted owl and deforestation, and positive impacts like the case of Alaskan pipeline. In terms of public health, mobile phones and other wireless telecommunication devices involve information transmission using radio waves. Radio frequency waves are non-ionizing and this implies that they are not as strong to affect the atomic structures that they contact (U.S environmental Protection Agency, 2014). This is to say that RF waves neither break any chemical bond within human body nor cause any human atom to charge negatively or positively. Radio frequency waves linked to wireless technology arise from fixed network of antennas or base stations, industrial sources like cell towers, personal and domestic appliances, commercial surveillance systems, WLAN, WiFi, and WiMAX networks. According to Sage & Carpenter (2009), RF waves form the main element of wireless communications and have the capacity to increase the information volume transferred with time. As a result, multiple frequency bands are in use for wireless communication. However, RF is electromagnetic fields and