The presence of security market anomalies provide an opportunity that market participants can exploit. Studies done in Kenya have identified the presence of holiday anomaly. Based on these studies, the first objective of ...

Profit warnings are issued by companies to inform shareholders that the current year’s profit will be significantly lower than the profit of the previous year or the anticipated profit for the current year (Jensen, 2005). ...

This study intends to apply a different pricing model for pricing coffee futures at the Nairobi Securities Exchange and suggest an improvement of the existing pricing model currently used at the NSE. This will be done by ...

The main objective of this study was to determine whether stock market liquidity has an effect on stock returns of companies listed at the Nairobi Securities Exchange from 2012 - 2016. This study looks at both the width ...

Despite the time taken by external auditors to release the audit report (herein referred to as the auditor report lag, ARL) being regarded as a significant qualitative aspect of timely financial reporting, little known ...

Despite corporate risk disclosures (CRD) being widely encouraged and gaining increasing concern by regulators and market participants, the determinants of those disclosures remains relatively unknown. Concerns have been ...