Browsing Faculty of Arts & Social Sciences, Law, Business Mgt (FoA&SS / FoL / FBM) by Title
Now showing items 23398-23417 of 24440
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A test of turn of the month effect at the Nairobi securities exchange
(University of Nairobi, 2014-11)The turn of the month effect is a stock market anomaly in which the mean stock return is higher during the first half of the month and lower during the latter half of the same month. This is a critical departure from the ... -
Testing Applicability of Altman Z Model in Predicting Financial Distress of Non-financial Firms Listed at the Nairobi Security Exchange
(University of Nairobi, 2022)This project aimed at determining if Altman Z” (1993) can accurately forecast the failure of non-financial firms listed on Nairobi Securities Exchange (NSE). The study was anchored on entropy, credit risk, cash management ... -
Testing Efficiency and Segmentation of the Interbank Money Market in Kenya
(University of Nairobi, 2015)In this study, the researcher has tested efficiency and segmentation of the interbank money market in Kenya. The study has analyzed all the 44 banks that trade in the interbank money market in Kenya. The study utilizes ... -
Testing for the existence of noise in financial statement based measures of performance for companies listed at the Nairobi stock exchange.
(School of Business, 2007)In Kenya, firms listed at the Nairobi stock exchange are required to publish their annual results to keep shareholders informed on their performance. The firms performance is also captured through trading at the Nairobi ... -
Testing for the reliability of the Nairobi Stock exchange indices
(University of NairobiSchool of Business, College of Humanities and Social Sciences, 2006)The stock market indices are today a vital tool for both economists and actors in the financial world. The multiplication and the very importance given to the indices raise the question of their accuracy and of the ... -
Testing for variations in the capital structure of companies quoted at the Nairobi Stock Exchange:An empirical study
(School of Business, University of Nairobi, 2000-06)In 1958, when Modigliani and Miller came up with the irrelevancy theory of capital structure a number of controversies sprang up, most of which sought to establish the relationship between capital structure and the value ... -
Testing of the Day of the Week Anomaly on Foreign Exchange Rate in the Foreign Exchange Market in Kenya
(University of Nairobi, 2015)In an efficient market, prices reflect all the market information whether past, publicly held or private information. Investors should therefore expect to make only normal profits by earning a normal rate of return on ... -
Testing the attitudinal impact of a conservation tool outside a protected area: Thecase of the Kitengela wildlife conservation lease programme for Nairobi National Park
(Faculty of Arts, University of Nairobi, 2004)This study was set up to look into socio-economic factors that influenced the success of the Kitengela wildlife conservation lease program for Nairobi National Park. The specific objectives were: (i) To establish whether ... -
Testing the Capital Asset Pricing Model on Weekly Returns at Nairobi Securities Exchange
(School of Business, University of Nairobi, 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 ... -
Testing the existence of differences in the level of under-pricing between primary and secondary offerings at the Nairobi Stock Exchange.
(Univesity of NairobiSchool of Bussiness, 1998-08)The study set out to examine difference in the pricing behaviour of primary and secondary offerings of common stock initial public issues occurring at the Nairobi Stock Exchange from the period 1980 to 1997. ... -
Testing the Existence of Low Price Effect on Stock Returns at the Nairobi Securities Exchange
(University of Nairobi, 2014)The low price effect simply purports that low priced shares significantly outperform high priced shares on a risk-adjusted return basis. The objective of the study was to test the existence of low price effect on stock ... -
Testing the Firm Size Effects on Stock Market Returns at the Nairobi Securities Exchange
(University of Nairobi, 2017) -
Testing the Pecking Order Theory of Capital Structure Among Kenyan
(University of Nairobi, 2017) -
Testing the Pecking Order Theory of Capital Structure Among Kenyan Firms
(University of Nairobi, 2017)The main aim of this study was testing the Pecking Order Theory of capital structure among firms in Kenyan listed firms, with the Nairobi Securities Exchange, for the period 2011-2016. According to this theory, firms always ... -
Testing the Pre-holiday Effect on Stock Returns at the Nairobi Securities Exchange
(University of Nairobi, 2015)The main objective of the study was to test the pre- holiday effect on stock market returns at the Nairobi Securities Exchange. The stock market returns were computed for five days before the holidays and five days after ... -
Testing the Predictive Ability of the Dividend Valuation Model on Ordinary Shares
(University of Nairobi.Faculty of Commerce, 1993-06)The valuation of ordinary shares is much more difficult than that of preferred shares and bonds because of more uncertainty and instability surrounding the income from ordinary shares. The satisfying aspect of investing ... -
Testing the Random Walk Theory on Share Prices At the Nairobi Stock Exchange
(University of Nairobi, School of Business, 2007-11)This study examine whether share prices of companies trading at the Nairobi Stock Exchange follow a random walk trend. We provide evidence that expert analysis can not be used to earn investors an abnormal profit at the ... -
Testing the risk return relationship of the mutual funds market in Kenya
(University of NairobiSchool of Business, 2013)The growth in the mutual funds market in Kenya has led to great interest in the risk return relationship in this market. Various asset pricing models can be utilized in empirical testing to determine the dominant risk ... -
Testing the small firm effect on stock market returns at the Nairobi securities exchange
(University of Nairobi, 2014-11)The small firm effect in the cross-section of stock returns is a known asset pricing anomalies that indicates that stocks returns are a decreasing function of firm size. The small firm effect is realized when there are ... -
Testing the Validity of Capital Assest Pricing Model in Nairobi Securities Exchange
(University of NairobiSchool of Business, 2013)There have been various innovation of the capital asset pricing model (CAPM). These innovation are meant to redress the assumption of the CAPM in view of capturing the variability of the asset returns. Many attempts have ...
