Browsing BBSF Research Projects by Issue Date
Now showing items 1-20 of 74
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Viability of Equity Valuation Techniques with regard to Price Target Attainability for Nairobi Securities Exchange Companies
(Strathmore University, 2014)The purpose of this research was to establish the popular techniques that used by different firms in the valuation of shares. In line with this, the study has also sought to establish the reason behind the popularity of ... -
An evaluation of individual pension funds in Kenya, the factors that affect their growth and the opportunities they have.
(Strathmore University, 2014-03)One of the sectors in the economy that has been involved in mobilization of the savings is the Pension fund industry. The role of savings in economic growth has been given considerable attention given the fact that for any ... -
Extent of compliance with IFRS Financial Instrument Standards - a case study of Banks in Kenya
(Strathmore University, 2014-03)The aim of this study is to identify the extent to which listed banks in Kenya comply with International Financial Reporting Standards, with particular reference to financial instruments IAS 32, IAS 39 and IFRS 7. It also ... -
Return volatility and the pricing of equities at the Nairobi Securities Exchange
(Strathmore University, 2014-03-12)Using the monthly return series between 1999 and 2013 I find evidence that volatility is priced on the Nairobi Securities Exchange. The GARCH-M model yields positive and significant ARCH and GARCH parameters and the shocks ... -
The viability of long term care insurance in Kenya
(Strathmore University, 2014-11)Kenya's population aged 60 and above is rapidly ageing. The available facilities catered towards meeting the health care needs of Kenya's ageing population are inadequate and may not be able to manage this growing population.2 ... -
Commodity diversification: How Kenya can exploit commodities for diversification.
(Strathmore University, 2015)Investment in commodities dates back to the age of barter trade and has continually evolved to form an investmentwith substantial diversification benefits to investors · {Vrugt, Bauer, Steenkamp, & Molenaar, 2004). Commodity ... -
Stock price behavior in the NSE- a test of the predictability and seasonality of stock prices movements
(Strathmore University, 2015)This study incorporates a_ predictive regression approach and a centered moving average analysis to test the predictability and seasonality respectively of the stocks on the Nairobi Securities Exchange (NSE) 20 Share Index. ... -
The trading volume - stock returns dynamic: a case study of the NSE
(Strathmore University, 2015)This paper exammes the contemporaneous and dynamic relationships between stock returns and trading volume for the Kenyan Stock Market. The sample under stud y was the stocks constituting the NSE-20 index for a period ... -
Effect of exchange rate volatility on foreign direct investment - the case of Kenya
(Strathmore University, 2015-11)The purpose of this research study was to examine the effect of exchange rate volatility on foreign direct investment (FDI) in a developing nation with the focus being Kenya. Time series data ranging from 1993-2013 were ... -
The relationship between executive renumeration and credit risk of banks listed in Kenya
(Strathmore University, 2015-11)The collapse of the financial system in 2008 brought into light the strong impact that executive remuneration had in the management of credit risk in banks is the United States. The relationship of agency looks at executive ... -
Underpricing of initial public offerings at the Nairobi Securities Exchange between 1994 and 2014
(Strathmore University, 2015-11)Under pricing of initial Public Offerings is characterized by the closing price being higher than the offer price on the first day of trading. Research carried out in different financial markets has generated varied results ... -
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 ... -
Impact of gender diversity in boards on firm value - a study on Kenyan and Egyptian listed companies
(Strathmore University, 2015-11)The purpose of this paper is to determine ( 1) whether there is any relationship between gender diversification in boards of listed companies and the firm value and (2) if the relationship varies across industries. Data ... -
Effects of interim dividend announcement on the value of a firm - a case of the Nairobi Securities Exchange
(Strathmore University, 2015-11)This research focuses on the impact of interim dividend announcement on the value of a firm. The purpose of this research is to empirically investigate whether the magnitude of stock market reactions to interim dividend ... -
The interest rate pass-through from the Central Bank Rate to Microfinance Banks' lending rates in Kenya
(Strathmore University, 2015-11)This paper investigates the significance of the interest rate pass-through from monetary policy rates to microfinance lending rates in Kenya. This methodology makes use of the Vector Auto regression Model, using annual ... -
Information content impact of stock splits - a case of the Kenyan market
(Strathmore University, 2015-11)Stock splits from their definition are seen as purely cosmetic events that is, they should have no effect on the returns of the shares in question. However, studies have found numerous stock market effects associated with ... -
Stock market overreaction and the size effect - evidence from the Nairobi Securities Exchange
(Strathmore University, 2015-11)Investors have traditionally been viewed as economically rational individuals who make decisions based on all available information. More recent studies propose that investors are irrational and systematically overreact ... -
Testing trade - off theory vs pecking order theory - evidence from Kenyan listed firms
(Strathmore University, 2015-12)This study seeks to test both the pecking order theory and the trade-off theory theories using evidence from companies listed in the Nairobi securities exchange and examine which theory best explains capital structures of ... -
Viability of an Exchange Traded Commodity Derivatives market in sustaining price stability of Agricultural products in Kenya
(Strathmore University, 2015-12)Simulations are used to analyze the effects of introduction of an Exchange Traded Commodities Derivative market. These effects are both to the consumer and producer of Tea in developing countries. Application to the tea ... -
Modelling temperature derivatives using Levy processes
(Strathmore University, 2015-12)Weather derivatives are a new risk manage tool which can be widely used in the financial market to avoid the impact of bad weather effects and control the weather risks (Wang et al, 2015). weather derivatives are different ...
