PT - JOURNAL ARTICLE AU - Fernando Gómez-Bezares AU - Fernando R. Gómez-Bezares TI - On the Use of Hypothesis Testing and Other Problems in Financial Research AID - 10.3905/joi.2006.669101 DP - 2006 Nov 30 TA - The Journal of Investing PG - 64--67 VI - 15 IP - 4 4099 - https://pm-research.com/content/15/4/64.short 4100 - https://pm-research.com/content/15/4/64.full AB - Financial economics reached an important level of development in the second half of the 20th century. However, in the authors' opinion, this development process has slowed considerably in recent years. Although empirical papers have increased both in quantity and quality, the issue must be faced that theoretical creativity has decreased and statistical analysis is often abused. In fact, in many studies, clear mistakes are made when hypothesis tests are used. Practitioners must be aware of this reality.TOPICS: Statistical methods, security analysis and valuation, performance measurement