Browsing Strathmore Institute of Mathematical Sciences (SIMs) by Subject "Nairobi Securities Exchange"
Now showing items 1-10 of 21
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Analysis of the post earnings announcement drift in the Nairobi Securities Exchange
(Strathmore University, 2015-12)This paper is an event study concerning the market anomaly, Post-earnings-announcement drift (PEAD) in the Nairobi Securities Exchange from 2008 to 2014. The PEAD theorizes that a stock's cumulative abnormal returns tend ... -
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 ... -
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 ... -
Dividend yield strategy in the Nairobi Securities Exchange
(Strathmore University, 2015-11)This study aims to test the viability of dividend yield investing as an alternative investment strategy to exploit observed overreactions in the• market. The study adopts the Dogs of the Dow investment strategy that entails ... -
The effect of an IPO on the share performance of industry rivals - an event study analysis of the Nairobi Securities Exchange
(Strathmore University, 2015-11)The research project analyzes the impact an Initial Public Offering has on the share performance of industry rivals. Access to funds is one of the key processes of firms and an IPO is one of the channels that firms seeking ... -
The Effectiveness of profit warnings in predicting decline in share prices in theNSE: an event study approach.
(Strathmore University, 2017)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). ... -
Evaluation of recent initial public offers subscription levels in the Nairobi Securities Exchange
(Strathmore University, 2014-03)This study investigates the determinants of success for IPOs in the Nairobi Securities Exchange by making a comparative analysis of under - subscribed and oversubscribed IPOs. The population of the study consisted of all ... -
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 ... -
Impact of mergers and acquisitions in the financial sector of the Nairobi Securities Exchange - an event study approach
(Strathmore University, 2015-11-30)This paper examines the impact of mergers and acquisitions in the financial services firms listed on the NSE on shareholder wealth in Kenya during the period 2000-20015. With the use of event study methodology, we reject ... -
Introducing a new coffee futures pricing model for the Nairobi Securities Exchange
(Strathmore University, 2017)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 ...
