Browsing Faculty of Arts & Social Sciences, Law, Business Mgt (FoA&SS / FoL / FBM) by Subject "Market efficiency"
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An empirical investigation of the information content of profit warnings announcements for companies quoted at the NSE
(School of Business, University of Nairobi, 2011)There are several theories that have been advanced to explain why companies issue profit warning announcements. A major reason advanced as motivation for issuing of profit warnings is the avoidance of shareholder lawsuits ...