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Now showing items 1-10 of 16
An empirical investigation of the short-term responses to financial distress by companies quoted in the Nairobi stock exchange
(2003)
When a company records a poor financial performance, usually such a company is expected to
take some steps in order to avoid getting into the situation of a financial distress, which in turn
would result to serious ...
The dividend discount model:It's reliability on the valuation of common stock at the Nairobi stock exchange
(2003)
Valuation of common stock is very important yet a very complex process. The stock
requires a deeper analysis compared to preferred stock or debts. The major techniques of
valuation of common stock are:
(i) Relative ...
“The effect of bonus share issues on stock prices of companies quoted at the Nairobi stock exchange”
(2007-11)
In the recent past companies quoted on the Nairobi Stock Exchange have been using stock dividend as a mode of paying dividends. This emerging trend may be attributed to the pecking order theory, economic growth in the ...
Study of holiday effect at the Nairobi stock exchange
(2007-12)
The objective of this study was to investigate whether the stock returns at the NSE exhibit holiday effect. The holiday effect portends that on a day prior to the public holidays, stocks exhibit relatively high returns ...
Relationship between working capital and profitability of Listed companies in the Nairobi stock exchange
(2008)
The aim of the study is to assess the relationship between working capital and profitability. The
corporate finance literature has traditionally focused on the study of long-term financial
decisions. Researchers have ...
Market reaction to planned change in capital structure: public offers as proxy for change in capital structure-evidence from Nairobi stock exchange
(University of Nairobi, 2009-08)
This study has two broad aims, to test the existence of a relationship between capital structure and firm value using IPO as a proxy for capital structure on Nairobi Stock Exchange and, to analyze the behavior of firm share ...
Corporate governance and dividend policy in Kenya : A survey of companies listed at the Nairobi stock exchange
(2009-10)
Corporate governance exists to provide checks and balances between shareholders and
management and thus to mitigate agency problems. Hence, firms with better governance quality
should incur less agency conflicts, and ...
The effect of ipo’s on the performance of other stocks at the Nairobi stock exchange
(University of Nairobi, 2009)
Over the last three years there has been an upsurge of IPO activity. The reason for this
popularity is because of the worldwide trend towards privatization. The IPOs at the NSE
have been successful and have been characterized ...
A survey of opinions on use of book building approach for valuation Of initial public offers at the Nairobi stock exchange
(2008)
There are three widely practiced approaches in pricing the initial public offerings (IPOs),
namely public offer, tender or auction and book-building. To understand the dynamics of
IPO pricing and the strategic information ...
Impact of rights issues on stock prices: the case of Companies listed at the Nairobi stock exchange
(2003)
This study examines the impact of right issue announcements on share prices of
companies listed at the Nairobi Stock Exchange. The Study is based on a sample
of six rights issues between 1996 and 2002.
The study examines ...