The research looks into the impact of stock split announcements on stock prices and market
efficiency in the Colombo Stock Exchange (CSE). This research uses a sample of 26 stock …

A capital market is said to be efficient with respect to an information item if the prices of
securities fully impound the return implications of that item. The efficiency with which the …

This article will evaluate the Expected Return Models (ERM) in event study methodology in
the Indian share market. Three main return models, namely, Market Model (MM), Market …

The Efficient Market Hypothesis (EMH), developed by Fama in the early 1960s, says that
stock prices reflect all the information, and trading on the basis of this information will not …

This paper examines stock market reaction to earnings information by taking September
2001quarter earnings announcement as an event. The study is based on 149 companies …

A stock split is when a company's outstanding shares are divided into multiple shares by
issuing more shares to current shareholders without eroding their stake's value. The …

An informationally efficient market is one in which stock prices fully reflect available
information. Market efficiency is examined in three forms: weak form, semi-strong form and …

In contrast to theoretical explanation that no direct consequence either from the view point of
the splitting firm or its shareholders, stock markets have found to react optimistically …

This study aims to determine the market reaction to the stock split in the market. This
research uses a quantitative approach using the event study method to analyze market …

It is a well-known fact that stock indices con be treated as a yardstick for market
performance. Price changes reflect a great deal in the functioning of a stock in particular and …