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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 ...
The Relationship Between Corporate Governance and Corporate Cash Holdings of Firms Listed at the Nairobi Stock Exchange
(2007)
This paper investigates the relationship between corporate governance mechanisms and corporate cash holdings of firms quoted at the Nairobi Stock Exchange. Data was collected from annual reports and investors returns file ...