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The Signaling Hypothesis: Evidence From The Nairobi Securities Exchange
(2012)
This study investigates the signaling hypothesis by testing the displacement property of dividends. The study uses Ohlson (1995; 2001) model and follows Hand and Landsman (2005) approach. The study however varies the ...
Cross-Listing and Valuation Effects: Evidence From Nairobi Securities Exchange
(2012)
The purpose of this study is to analyze the valuation effects of cross-listing. The study has conducted a univariate
analysis of the Tobin’s Q and the market-to-book ratio for the period before and after the cross-listing ...