Stock market plays a very important role in economic growth and development. It is a center of network transactions where buyers and sellers of securities meet at a specified price. Movement of stock markets is an important ...

The retirement income an employee can anticipate is greatly contingent on their salary, contributions, investment strategies and consequently investment returns. Nonetheless, the contributions along with the interest earned ...

Given that emerging economies in Africa are becoming increasingly integrated into the global economy, it is foreseeable that shocks that occur within these developed economies could have an impact on their investment and ...

The rationality-based market equilibrium models in finance in general are weighted down by anomalies such that attempting to replicate these models directly without reinforcing the attributes of the social psychology that ...

Privately purchased medical insurance is very expensive for retirees. In Kenya, some companies even put an age cap restricting on insurance. A post-retirement medical insurance product helps in planning for medical expenses ...

Poverty is a major concern for most developing nations. Economic development and poverty reduction have been elusive throughout sub-Saharan Africa since independence (Younger, 2004), with Kenya being no exception. Moreover, ...

A firm's capital structure gives it an endogenous cause to default. Be that as it may, prior to default there is no way to precisely single out the firms that will default from those that will not. At best, we can only ...

Incumbent leaders may manipulate fiscal policy in terms of increasing recurrent or capital expenditure to convince voters of their competence in running the government. Financing of the increased expenditure is what leads ...

This study applies goal programming approach to optimizing the balance sheet of three commercial banks representing the different tiers in Kenya; Barclays Bank of Kenya (Tier 1 ), Family Bank (Tier 2), Sidian Bank (Tier ...

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 ...