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Now showing items 21-30 of 30
A comparative study of the day of the week effect in the emerging and frontier markets in Africa
(Strathmore University, 2015-11)
The study focuses on comparing the daily share prices of five major stock markets in Africa comprising of the emerging and frontier markets in Africa. The study uses daily share prices of stock market indices of Botswana, ...
Determinants of Commercial Bank profitability in Kenya
(Strathmore University, 2015-07)
The purpose of this research is to examine the relationship between bank specific (internal) and macro-economic (external) determinants of banks profitability. This is done by using data of all the banks in Kenya from the ...
Determinants of Total Factor Productivity in Kenya
(Strathmore University, 2015-12-14)
Neoclassical growth accounting literature has shown that total factor productivity has a positive relationship with output. Based on OLS estimation techniques on data for Kenya between the years 2002 and 2013, this study ...
The Impact of foreign debt on economic growth in Sub - Saharan Africa
(Strathmore University, 2015-11)
This research carries out an empirical research on the impact of foreign debt on the economic growth of sub-Saharan Africa countries using cross sectional regression method suggested by Sala i-Martin and Robert Barrow. The ...
Effect of Working Capital Management on the profitability of Kenyan firms
(Strathmore University, 2015-11)
This study seeks to provide empirical evidence about the impact of Working Capital Management (WCM) on the profitability of Kenyan listed firms. This is necessary since Working Capital Management affects both liquidity and ...
Inferring market expectations from stock prices at the Nairobi Securities Exchange
(Strathmore University, 2015-11)
index returns, dividend growth and the Kenyan Treasury bill rate. Univariate and multivariate time series analysis is employed to examine the relationship. The study finds that there is no long run relationship between the ...
Determinants that influence financial performance of microfinance institutions in Kenya: case study of Nairobi County
(Strathmore University, 2015)
According to (Lafourcade, Isern, Brown, & Mwangi, 2005), microfinance institutions in Sub-Saharan Africa include a broad range of diverse and geographically dispersed institutions offering financial services to low income ...
Impact of quantitative easing in the US on Kenya's Bond market between 2009 and 2014
(Strathmore University, 2015-11)
This paper examines the impact of quantitative easing (QE) by the Federal Reserve (Fed) which started in November 2008 on Kenya's bond market. In the wake of the global financial crisis, the Federal Reserve used several ...
Recursive modelling in predicting excess returns - case of the Nairobi Securities Exchange
(Strathmore University, 2015-12)
The aim of this study was to test the applicability of a recursive modelling approach in modelling stock market returns in the Nairobi Securities Exchange. The dependent variable was the Nairobi Securities Exchange All ...
Corporate debt bias in NSE listed companies in Kenya - evaluation of an ACE reform on investmentments levels
(Strathmore University, 2015-11)
This study looks at the corporate debt bias resulting from debt deductibility of interest. It aims at establishing whether an Allowance for Corporate Equity (ACE) tax reform within capital intensive firms listed on the NSE ...