Browsing Theses and Dissertations by Author "Obere, John A"
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Essays on an Emerging Stock Market: the Case of Nairobi Stock Exchange (Statistical Distribution of Returns, Market Seasonality and Reactions to Dividend Announcements
Obere, John A (University of NairobiSchool of Economics, 2009)The general objective of this thesis is to test the well known market efficiency hypothesis using daily data from the Nairobi Stock Exchange. This high frequency data permits a thorough testing of the efficiency hypothesis ...