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Empirical corporate probability of defaults in Kenya: Merton and modified KMV framework
(Strathmore University, 2018)
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 ...
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 ...
Empirical analysis of the value and growth investment styles in an African frontier market.
(Strathmore University, 2018)
The choice of a stock is a headache for all equity investors worldwide ranging from well
developed markets to developing markets. This study embarks on testing the Growth and
Value investment styles in an African frontier ...