Corporate internet reporting practices by companies listed on the Nairobi stock exchange
Kang'otole, Johnstone Kimanzi
Waweru, Nelson (Dr.)
MetadataShow full item record
This study‟s main objectives are to establish the current internet reporting practices, ascertain the factors perceived to be influencing Corporate Internet Reporting (CIR) by the companies quoted on the Nairobi Stock Exchange (NSE) and explore the benefits and limitations of CIR as faced by the companies listed on the NSE. The sample of this study comprised the 30 listed companies that had accessible websites and responded to the study questionnaire. This study analysed the contents of all the 30 companies‟ websites to ascertain the nature and extent of current internet reporting practices by the companies listed on the NSE. Data for this study was collected in two stages. First the information disclosed by companies on their websites was checked against a disclosure index. The second stage was via a self-administered questionnaire sent to the companies with accessible websites. The questionnaires were administered in June 2011. The resulting data was then analysed and the results presented in charts and figures. The results obtained led to the conclusion that profitability, industry competition; growth rate and corporate size were the important factors influencing CIR by the listed companies on the NSE. The result of this study makes the following contribution to the knowledge of CIR on the NSE. Firstly, this study will be of help to the listed companies by aiding them in establishing better online reporting practices especially in this era of unprecedented internet revolution in Kenya. Secondly other companies in different industries will be able to tap the knowledge from this study to build into the reporting practices they are currently using. Further, the results of this study might be useful to the standardising or regulating bodies in Kenya in formulating policies to govern and guide online disclosure for all companies listed on the stock exchange market. Finally, the study results will act as a guide to stimulate further research on CIR or into other related subject matter.
Showing items related by title, author, creator and subject.
Stock market price prediction using sentiment analysis: a case study of Nairobi stock exchange market Lwanga, Victor Kwome (Strathmore University, 2018)Stock market price prediction has become an area of research and interest for several years now due to the many challenges in making accurate price predictions due to the volatility of the data. However, the stock market ...
Stock splits and their effect on share prices : study of firms listed at the Nairobi stock exchange Munyao, John Mwendwa (2012-02-27)The relationship between stock splits and stock prices has been the subject of continuing interest to economists and practitioners. The reaction occurring after the announcement, however, has not been fully understood and ...
The Effect of stock market liquidity on stock returns of companies listed on Nairobi Securities Exchange Kahuthu, Lilian Wangechi (Strathmore University, 2017)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 ...