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The Impact of the Sri Lankan Civil War on the Stock Market Performances

Year 2017, Volume: 7 Issue: 1, 394 - 402, 01.03.2017

Shashitha Gimhani Jayakody

Abstract

This study examines the effects of terrorist attacks on the Sri Lankan stock market during the last phase of the civil war. The mean adjusted returns model is employed to test whether the 19 industries in the Colombo Stock Exchange exhibit varied reactions for 9 selected terrorist attacks. Using daily data over the period from July 2006 to May 2009, the event study revealed that terrorist attacks have a statistically different impact across industries.

Keywords

Event study Efficient markets Terrorist attacks

Year 2017, Volume: 7 Issue: 1, 394 - 402, 01.03.2017

Shashitha Gimhani Jayakody

Abstract

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Details

Other ID JA76ZP89BD
Journal Section Research Article
Authors

Shashitha Gimhani Jayakody This is me

Publication Date March 1, 2017
Published in Issue Year 2017 Volume: 7 Issue: 1

Cite

APA Jayakody, S. G. (2017). The Impact of the Sri Lankan Civil War on the Stock Market Performances. International Journal of Economics and Financial Issues, 7(1), 394-402.
AMA Jayakody SG. The Impact of the Sri Lankan Civil War on the Stock Market Performances. IJEFI. March 2017;7(1):394-402.
Chicago Jayakody, Shashitha Gimhani. “The Impact of the Sri Lankan Civil War on the Stock Market Performances”. International Journal of Economics and Financial Issues 7, no. 1 (March 2017): 394-402.
EndNote Jayakody SG (March 1, 2017) The Impact of the Sri Lankan Civil War on the Stock Market Performances. International Journal of Economics and Financial Issues 7 1 394–402.
IEEE S. G. Jayakody, “The Impact of the Sri Lankan Civil War on the Stock Market Performances”, IJEFI, vol. 7, no. 1, pp. 394–402, 2017.
ISNAD Jayakody, Shashitha Gimhani. “The Impact of the Sri Lankan Civil War on the Stock Market Performances”. International Journal of Economics and Financial Issues 7/1 (March 2017), 394-402.
JAMA Jayakody SG. The Impact of the Sri Lankan Civil War on the Stock Market Performances. IJEFI. 2017;7:394–402.
MLA Jayakody, Shashitha Gimhani. “The Impact of the Sri Lankan Civil War on the Stock Market Performances”. International Journal of Economics and Financial Issues, vol. 7, no. 1, 2017, pp. 394-02.
Vancouver Jayakody SG. The Impact of the Sri Lankan Civil War on the Stock Market Performances. IJEFI. 2017;7(1):394-402.