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Now showing items 21-30 of 30
The effect of dividend announcement on stock returns of firms listed at the Nairobi Securities Exchange
(University of Nairobi, 2014)
In an ideal world, dividend announcement would have no impact on the shareholder’s value. In
the real world however dividend announcement is often followed by changes in the market prices
of stocks. Empirical studies ...
Test for post earnings announcement drift at the Nairobi Securities Exchange
(2012-11)
This study was undertaken to test whether post earnings announcement drift exist at Nairobi
Securities Exchange (NSE). It investigated abnormal stock returns due earning surprise after
earnings announcements. The aim was ...
The relationship between the independence and objectivity of the internal audit function and earnings per share (EPS) in companies listed in NSE
(2012-10)
The major aim of this study was to find out the relationship between the independence
and objectivity of internal audit function and EPS (profitability) in companies listed in
the NSE. Objectivity, denoting having an ...
Empirical testing of the profitability of technical trading rules on growth and value stocks listed at the Nairobi securities exchange
(2012)
This study looked at the applicability of the most simple and commonly used technical trading rules when
applied on growth and value stocks listed at the Nairobi Securities Exchange. The period under
investigation goes ...
The Effect of Initial Public Offer Underpricing on Short-run Performance of Companies Listed at Nairobi Securities Exchange
(University Of Nairobi, 2016)
Underpricing is a variation between post issue price in a secondary market and offer price of a share on an initial public offering. Considerable evidence, from most of research conducted in various stock markets around ...
The Effect of Voluntary Disclosures on the Quality of Financial Reporting for Companies Listed at the Nairobi Securities Exchange
(University Of Nairobi, 2016)
Timely information that can be relied on is the most powerful tool in the hands of any
stakeholder within the business environment. This is because the availability of relevant and
reliable information at the right time ...
The Low Share Price Effect on the Nairobi Securities Exchange
(2015)
The low price effect is a phenomenon where low priced stocks significantly
outperform the high priced stocks on a risk-adjusted basis. The objective of this study
was to test the existence of the low share price effect ...
Testing the Capital Asset Pricing Model on Weekly Returns at Nairobi Securities Exchange
(2012-11)
The capital Asset Pricing Model (CAPM) is the most widely used approach in asset valuation. The theory predicts that the expected return on an asset above the risk-free rate is proportional to non-diversifiable risk, which ...
The Relationship Between Working Capital Management Practices and Financial Performance of Agricultural Companies Listed at the Nairobi Securities Exchange
(2012)
Working capital is one of the vital decisions of financial management function.
Profitability and working capital relationship is frequently emphasized for deciding on
the level of investment in working capital. This ...
A Survey of Behavioral Factors Influencing Individual Investors’ Choices of Securities at the Nairobi Securities Exchange
(University of Nairobi,, 2011)
Although finance has been studied for thousands of years, behavioral finance which considers the human behaviors in finance is quite a new area. Behavioral finance theories, which are based on the psychology, attempt to ...