Browsing BBSE Research projects (2017) by Issue Date
Now showing items 1-20 of 30
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The effect of stock price volatility on bank loan dynamics: a case of Kenya
(Strathmore University, 2017)The study seeks to evaluate dynamic linkages between stock prices and bank lending behavior prevalent in Kenya. As such the focal variables are loans to the private sector and share prices. However, because of the existence ... -
Determinants of foreign direct investments in developing countries: evidence from Kenya and Nigeria
(Strathmore University, 2017)Foreign direct investment has a direct relationship with technological change, public policy and level of economic activity. However, in some countries with unfavorable conditions such as high levels of corruption and ... -
Hedging foreign exchange rate risk using currency futures: A case of Kenyan multinational firms
(Strathmore University, 2017)Currency futures contracts can be used in hedging exchange rate risk for firms. This study estimates the appropriate futures price that Kenyan multinational firms would have used during the year 2015 when the Kenya Shilling ... -
Forecasting equity prices for selected companies at the Nairobi Securities Exchange
(Strathmore University, 2017)Information asymmetry is the main cause of uncertainty in security exchanges all over the world. There are “informed investors” and “uninformed investors” with the latter having imperfect information. Due to this uncertainty, ... -
Firm-level determinants of liquidity: The case of NSE-listed Kenyan banks
(Strathmore University, 2017)What are the key determinants of Liquidity in Kenyan Commercial banks? In the aftermath of the Global Financial Crisis as well as recent events in the Kenyan context, Liquidity and its management have been a crucial concern ... -
An evaluation of entrepreneurship education as a tool used by the government to promote growth and development of SMEs in Kenya: A case study of the KPMG top 100 SMEs
(Strathmore University, 2017)The primary aim of this was to evaluate entrepreneurship education as a government policy tool, to stimulate growth and development of SMEs in Kenya. The SMEs considered for this study are all considered the best in their ... -
Construction of multidimensional poverty index of Kenya using the Alkire-Foster method
(Strathmore University, 2017)In this paper, we use one specification of the Alkire-Foster approach, which is referred to as the Multidimensional Poverty Index (MPI), to calculate the poverty index of Kenya. This index was computed for 104 countries ... -
An assessment of the interest rate channel on monetary policy transmission in Kenya 2006-2015
(Strathmore University, 2017)For the government to achieve its desired level of economic growth, appropriate monetary policy needs to be formulated and implemented. Theoretical and empirical literature highlights the importance of the interest rate ... -
A Comparative Study of Crank-Nicolson scheme and Monte-Carlo Option Pricing
(Strathmore University, 2017)This study examines the rate of convergence and the accuracy of the two primary option pricing methods used currently by professionals; Monte-Carlo and Crank-Nicolson scheme using the Black-Scholes price as the benchmark ... -
A pension model for the Kenyan youth: use of airtime
(Strathmore University, 2017)The objective of this project is three-fold: first, we develop a model that values a pension fund which uses mobile telephone airtime usage costs to accumulate the funds, with all costs associated with running a pension ... -
A study of behavioral biases present in sports betting markets
(Strathmore University, 2017)This study seeks to establish the behavioral biases exhibited by individuals who participate in sports betting. The biases are manifested by how the individuals (bettors) analyze data pertaining the gamble in order to place ... -
Relationship between openness and inflation in Kenya: Testing Romer hypothesis using Autoregressive Distributive Lag
(Strathmore University, 2017)Romer (1993) formulated the hypothesis that the relationship between inflation and openness is negative. The objectives of this paper are to determine if openness has any effect on inflation in Kenya and to establish the ... -
Impact of fiscal and monetary policy on stock market performance in Kenya
(Strathmore University, 2017)Given the important role of the stock market to an economy, this study aims to explore the impact of fiscal and monetary policy on the stock market in Kenya. The study uses Structural Vector Error Correction model (VECM) ... -
On the profitability of technical trading rules based on artificial neural networks: evidence from the Kenyan stock market
(Strathmore University, 2017)The aim of this study is to investigate the profitability of technical trading rules based on artificial neural networks in the Kenyan stock market. The technical trading rule is also compared to the buy-and-hold strategy ... -
Stock market development and economic growth in African frontier markets
(Strathmore University, 2017)There are three perspectives that have been used to explain the relationship between financial development and economic growth: the finance-led growth hypothesis, the growth driven finance hypothesis and the bi-directional ... -
On portfolio optimization: a case study based on the NSE
(Strathmore University, 2017)Diversification and active portfolio management have been suggested as means to enable investors obtain an optimal portfolio return with reduced risk exposure. Factor diversification has been proposed as a means to help ... -
The influence of macroeconomic factors on the mortgage market in Kenya
(Strathmore University, 2017)The paper tries to study the relationship between the value of the mortgage market and key macroeconomic factors namely, Exchange rates, Inflation and GDP per capita. The real estate sector in the country is booming and ... -
Investigating the impact of complementary currencies on business growth in informal economies: Case of lindi-pesa in lindi, Kibera slum, Nairobi County
(Strathmore University, 2017)This study sought to investigate the role of complementary currencies in promoting business growth in an informal area, the case of Lindi-Pesa in Lindi Location, Kibera Slum, Nairobi County. The methodology that was ... -
Stock market liquidity and asset returns: The case of the NSE 20 share index
(Strathmore University, 2017)This research aims to measure the liquidity levels on a sample of stocks from the Nairobi Securities exchange and also investigate the relationship between returns and liquidity on some of the stocks listed under the NSE ... -
Effects of election years in Kenya on performance of shares at the Nairobi securities exchange in Kenya: the mediating role of market
(Strathmore University, 2017)The Efficient Market Hypothesis is a core theory which explain s how the securities markets work. Itv proposes that capital markets are efficient to varying degrees where in this context, the term efficient means that the ...
