Most of stock splits announcements in France display as primary objective to facilitate access to the securities for individual investors and to improve liquidity. The existence of standards or preferences from investors in terms of price level, and especially a preference for low priced stocks...

Although many papers have examined the Saudi stock market, to date none have explored the influence of religiosity on the behavior of stock prices, taking into account the dominance of individual investors. These characteristics distinguish the Saudi stock market from other mature and immature...