Does size effect exist in small markets?

Pathirawasam, Chandrapala

dc.title	Does size effect exist in small markets?	en
dc.contributor.author	Pathirawasam, Chandrapala
dc.relation.ispartof	Finance and the Performance of Firms in Science, Education and Practice 2011
dc.identifier.isbn	978-80-7454-020-2
dc.date.issued	2011
dc.citation.spage	187
dc.citation.epage	194
dc.event.title	5th International Scientific Conference on Finance and the Performance of Firms in Science, Education, and Practice
dc.event.location	Zlín
utb.event.state-en	Czech Republic
utb.event.state-cs	Česká republika
dc.event.sdate	2011-04-28
dc.event.edate	2011-04-28
dc.type	conferenceObject
dc.language.iso	en
dc.publisher	Univerzita Tomáše Bati ve Zlíně (UTB)	cs
dc.publisher	Tomas Bata University in Zlín	en
dc.subject	size effect	en
dc.subject	Colombo Stock Exchange	en
dc.subject	market capitalization	en
dc.description.abstract	The purpose of this paper is to examine size effect in the Colombo Stock Exchange (CSE) which is an emerging market. The sample of the study consisted of 266 stocks including delisted companies from 1995 to 2008. Paired sample t-test was used to test hypotheses. Results reveal that firm size does not show any significant relation with stock returns during the entire period or sub periods. The asymmetric distribution of market capitalization of companies may be the reason for the none existence of size effect in CSE. This finding implicitly questions the relevancy of Fama and French (1993) three factor model to CSE data	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1002965
utb.identifier.rivid	RIV/70883521:28120/11:43866405!RIV12-MSM-28120___
utb.identifier.obdid	43866512
utb.identifier.wok	000306544000018
utb.source	d-wok
dc.date.accessioned	2012-10-04T12:11:51Z
dc.date.available	2012-10-04T12:11:51Z
utb.identifier.utb-sysno	57048
utb.contributor.internalauthor	Pathirawasam, Chandrapala
utb.fulltext.affiliation	Chandrapala Pathirawasam PhD student Tomas Bata University in Zlin, Faculty of Management and Economics Mostní 5139, 760 01 Zlín, Czech Republic E-mail: Pathi3@yahoo.com
utb.fulltext.dates	-
utb.fulltext.references	-
utb.fulltext.sponsorship	-
utb.fulltext.projects	-
utb.fulltext.faculty	Faculty of Management and Economics
utb.fulltext.ou	-
utb.identifier.jel	-