Relationship between cash flow and earnings performance measures for companies listed on Nairobi Stock Exchange
Abstract
This study sets out to determine the relationship between cash flows and
earnings performance measures for companies listed at Nairobi Stock
Exchange.
Financial reports for listed companies were obtained from Nairobi Stock
Exchange for the years 1998 to 2002. From the data extracted from the
financial reports, multiple regression analysis was performed with the aid of a
statistical package (SPSS) to establish the relationship between cash flows and
earnings performance measures i.e Return on assets (ROA) , Return on equity
(ROE) and Return on net assets ( RONA).
The regression results displayed no significant relationship between cash flows
and earnings performance measures for companies listed at Nairobi stock
exchange
Citation
Masters thesis University of Nairobi (2004)Publisher
University of Nairobi. Faculty of Commerce
Description
Masters in Business Administration