@incollection{, 9103EA880C120F1DBED9CC14CA83BAF9 , author={{SkanthavaratharRamesh} and {Ramesh} and {Huazhong University of Science and Technology}}, journal={{Global Journal of Management and Business Research}}, journal={{GJMBR}}2249-45880975-585310.34257/GJMBR, address={Cambridge, United States}, publisher={Global Journals Organisation}1362534 } @incollection{b0, , title={{Lead-Lag Relationships in Stock Returns: A test of market efficiency in Sri Lanka}} , author={{ GAbeyratna } and { WBandara } and { M } and { GColombage } and { SR N }} , journal={{Sri Lankan Journal of Management}} 4 , year={1999} } @incollection{b1, , title={{Measuring Security Price Performance}} , author={{ SBrown } and { JWarner }} , journal={{Journal of Financial Economics}} 8 , year={1980} } @incollection{b2, , title={{Using Daily Stock Returns: The Case of Event Studies}} , author={{ SBrown } and { JWarner }} , journal={{Journal of Financial Economics}} 14 , year={1985} } @incollection{b3, , title={{Dividend Announcements, Firm Size and Dividend Growth in the Sri Lankan Stock Market}} , author={{ DissaBandara } and { DB P HLalith } and { SP }} , journal={{Sri Lankan Journal of Management}} 7 , year={2002} , note={3 & 4} } @book{b4, , title={{The Impact of Dividend Announcements: Reconciliation of Sri Lankan Evidence over the Last Two Decades}} , author={{ DissaBandara } and { DB P HPerera } and { K } and { D } and { I }} , year={2011} , note={8 th International conference on Business Management} } @book{b5, , title={{An Econometric Analysis of the Relationship between Money Supply and Stock Prices in Nigeria}} , author={{ CEmenuga }} , year={1989} Department of Economics, University of Ibadan , note={unpublished MSc Thesis} } @incollection{b6, , title={{The Impact of Board Changes on Shareholders' Wealth: Some UK Evidence}} , author={{ AFFox } and { KKOpong }} , journal={{Corporate Governance An International Review}} 7 , year={1999} } @incollection{b7, , title={{The Valuation Effects of Stock Splits and Stock Dividends}} , author={{ MGrinblatt } and { SMasulis } and { R } and { WTitman } and { S }} , journal={{Journal of Financial Economics}} 13 , year={1984} } @incollection{b8, , title={{Stocks Splits in Sri Lanka: Valuation Effects and Market Liquidity}} , author={{ CGunnathilaka } and { SKongahawatte }} , booktitle={{8th International conference on Business Management}} , year={2011} } @book{b9, , author={{ GHuang } and { CLiano } and { KPan } and { M } and { S }} , title={{The Information Content of Stock Splits}} , year={2005} } @incollection{b10, , title={{The Efficient Capital Market Hypothesis on Trial}} , author={{ SKeane }} , journal={{Financial Analyst Journal}} , year={1986} } @book{b11, , author={{ ZLei } and { KShrestha }} , title={{A New Study on the Impacts of Stock Split}} } @incollection{b12, , title={{Stock Price Reaction to Dividend Announcement}} , author={{ TMalliarjunappa }} , booktitle={{International Conference on Management of AIMS}} , year={2003} } @book{b13, , title={{}} , author={{ SriJourna }} } @book{b14, , title={{Equity Market, Annual}} , year={2012} Central Bank of Sri Lanka. , note={Report} } @incollection{b15, , title={{The Price Discovery Process of the Namibian Stock Exchange and the Informational Content of the Share Index}} , author={{ TTMatome }} , journal={{Savings and Development}} 3 , year={1998} , note={XXII} } @incollection{b16, , title={{Impact of Dividend Announcement on Stock Prices}} , author={{ NMehndiratta } and { SGupta }} , journal={{International Journal of Information Technology and Knowledge Management}} 2 2 , year={2010} } @book{b17, , title={{Analysis of Factors Affecting the Development of an Emerging Capital Market: The Case of the Ghana Stock Market}} , author={{ KAOsei }} , year={1998} , note={African Economic Research Consortium Research Paper 76} } @incollection{b18, , title={{Efficiency of the Sri Lankan Stock Market}} , author={{ LPSamarakoon }} , journal={{Sri Lankan Journals of Business Economics}} , year={2005} } @incollection{b19, , title={{The impact of Stock Split Announcements on Stock Price: A Test of Market Efficiency}} , author={{ GCarlos } and { AFrank } and { B } and { W }} , booktitle={{ASBBS Annual Conference}} , year={2009} 16 } @incollection{b20, , title={{Changes in Trading Activity Following Stock Splits and Their Effect on Volatility and the Adverse Information Component of the Bid-Ask spread}} , author={{ ADesai } and { MNimalendran } and { SVenkataraman }} , booktitle={{Rutgers University Conference on Recent Developments in Asset Pricing and Optimal Trading Strategies}} , year={1994} } @book{b21, , author={{ EDevos } and { WElliott } and { B } and { RichardSWarr } and { R } and { S }} , title={{The Role of CEO Compensation in Stock Splits}} , year={2010} } @incollection{b22, , title={{The Adjustment of Stock Prices to New Information}} , author={{ EFama } and { LFisher } and { MJensen } and { RRoll }} , 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