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Determinants of working capital investment levels in the manufacturing and construction firms listed at Nairobi Securities Exchange
(Strathmore University, 2014)
This study examined the determinants of working capital investment levels in the manufacturing and construction firms because there is no unanimity on its drivers despite the importance of working capital. Three objectives ...
Calendar anomalies - Evidence from the Nairobi Securities Exchange
(Strathmore University, 2014)
Calendar anomalies are a phenomenon that seem to suggest that financial securities such as stocks, bonds and even derivatives, experience patterns of returns that coincide with particular points in the week, month or year. ...
Market differential reaction to profit warning announcements and dividend decrease : an empirical analysis of the Nairobi Securities Exchange
(Strathmore University, 2014)
The main aim of the study was to investigate the market differential reaction to profit warning
announcements and dividend decreases by carrying out an empirical analysis of the Nairobi
Securities Exchange. To achieve ...
The relationship between macroeconomic variables and stock returns in the Nairobi Securities Exchange
(Strathmore University, 2014)
A clear understanding of the movements and sensitivity of each macroeconomic variable with respect to behavior of the stock returns is of importance to the general economy as it facilitates its growth and enables investors ...
Analysis of asymmetric and persistence in stock return volatility in the Nairobi Securities Exchange market phases
(Strathmore University, 2014)
Asymmetric and persistence in the volatility of stock returns are very fascinating features of the behaviour of securities market. The persistence in volatility has a major effect on the future volatility of the security ...
Viability of Equity Valuation Techniques with regard to Price Target Attainability for Nairobi Securities Exchange Companies
(Strathmore University, 2014)
The purpose of this research was to establish the popular techniques that used by different firms in the valuation of shares. In line with this, the study has also sought to establish the reason behind the popularity of ...
Capital structure and stock returns - evidence from the Nairobi Securities Exchange
(Strathmore University, 2014-03-24)
Capital structure and stock return are important aspects in financial management. This study examines how debt ratios move in relation with movement in stock prices for listed firms in Kenya. The Fama-Macbeth regression ...
Examining the relationship between market liquidity and equity returns - a case study of firms listed on the Nairobi Securities Exchange
(Strathmore University, 2014-03)
This study uses a panel regression of 42 actively traded equities listed on the Nairobi Securities Exchange over 58 days to relate a stock's bid-ask spread and its return. The study results show that in the NSE, there is ...
The relationship between macroeconomic variables and firm performance in the Nairobi Securities Exchange
(Strathmore University, 2014-03)
Perspectives on Energy Security
Increased exposure of national economies to global markets has at the level of corporate stakeholders meant increased attention to exchange rates, interest rates, inflation rates and relative ...
Corporate governance and dividend payout - analysis of firms listed at the Nairobi Securities Exchange
(Strathmore University, 2014-03)
The study aims to examine the effect of corporate governance on dividend payout of firms listed at the Nairobi Securities Exchange. Based on agency theory, the study considers the effect of two conflicting hypotheses, the ...