Browsing Strathmore Institute of Mathematical Sciences (SIMs) by Subject "Stock exchange"
Now showing items 1-5 of 5
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An Analysis on the long term performance of Initial Public Offerings in the Nairobi Stock Exchange
(Strathmore University, 2018)There have been a number of studies carried out that have tried to determine the long term performance of IPOs. The three key issues these studies try and dwell on is the long run under-performance, short term underpricing ... -
Effects of oil price volatility on the Kenyan stock exchange
(Strathmore University, 2018)This study seeks to examine the relationship between the international oil market performance and the performance of stocks in the Kenyan stock market. The study, therefore, employs a bivariate GARCH-BEKK (l, l) model to ... -
Impact of pension funds on the stock market volatility in Kenya.
(Strathmore University, 2018)This study is an empirical test of the impact pension funds have on the volatility of monthly stock returns in Kenya. The study involved RBA funds invested in equities and monthly NSE index returns. The time period under ... -
Price and liquidity effects of stock splits on shares
(Strathmore University, 2018)Fama et al. ( 1969) defined a stock split as an exchange of shares in which at least five shares were distributed for every four formerly outstanding, which means that shareholders get additional shares for every share ... -
Prospect theory: evidence of over-reaction in investor decision making at the Nairobi stock exchange
(Strathmore University, 2018)Overreaction is a common investor problem that heavily occurs due to irrationality on the part of the investor. According to Kahneman and Tversky, investors tend to be risk seeking in losses and risk averse in gains, a ...
