Browsing BBSA Research Projects (2017) by Author "Wainaina, Martin Ngunu"
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The Effectiveness of profit warnings in predicting decline in share prices in theNSE: an event study approach.
Wainaina, Martin Ngunu (Strathmore University, 2017)Profit warnings are issued by companies to inform shareholders that the current year’s profit will be significantly lower than the profit of the previous year or the anticipated profit for the current year (Jensen, 2005). ...