research paper on the saudi stock market tadawul a study on the market effeciancy

Choose from the Saudi stock market any corporate Finance event that has an implication on the price of the stock.
- Example: dividends announcement, merger, acquisition, raising capital, etc.. (one Event)
Perform an event study on a reasonable sample with minimum 5 stocks that experienced such event.
Analyze statistically your findings.
Your study should include the following sections:
- Literature review. (doesn’t have to be based on all the articles or text books)
- Methodology. (event Study; process and steps followed)
- Findings.
- Conclusion.
- References.
Consult sources of literature from theoretical and applied research framework in all of your work. Your text book or published research that was done on your selected event.
11 Pages report (including table of content, Executive summary, references)
graphs of the stock behavior should be included (from Tadawul)
a good source would be argaam.com where you will find such announcements
the due date is on the 24th Dec 2018 maximum at 12:00 AM (cannot be extended)