Adverse information on social media will always send Kenyans to withdraw their money
Date
2016-04
Authors
Karoney, Carol-Noelle
Kalu, Elizabeth
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Abstract
In the paper “The Extent to Which Social Media Can Influence a Bank Run” Atieno,T. and Mutinda, M. (2014) provided empirical evidence that there was a huge risk of a bank run occurring in Kenya due to social media. This paper co-relates that study with the closure of Chase Bank Kenya in April 2016