dc.contributor.author | Runyenje, Nicholas M | |
dc.date.accessioned | 2017-10-31T13:00:15Z | |
dc.date.available | 2017-10-31T13:00:15Z | |
dc.date.issued | 1985 | |
dc.identifier.uri | http://hdl.handle.net/11295/101150 | |
dc.description.abstract | This study aimed at determining whether he introduction of capital gains tax had any impact on the prices of ordinary shares on the Nairobi Stock Exchange. I also aimed at establishing the trend if any, of prices on the Nairobi Stock Exchange from 1973 to 1983, a period characterized by different economic situations in the country . The study was of interest because of the resentment which faced capital gains tax since its introduction in Kenya on the allegations that it disturbed the Stock Exchange Market . Indices of ordinary share prices were computed and were analysed as a time series through tabular and graphic methods on annual , monthly and weekly basis. It was found that ordinary share prices on the Nairobi Stock Exchange exhibited a significant trend between 1973 and 1983 which was downward between 1973 - 1975 , upward between 1970 - 1978 and downward again from 1979 - 1983 . The prices reached their highest levels in 1978 and their lowest in 1975 ............................................................... | |
dc.language.iso | en | en_US |
dc.publisher | University of Nairobi | en_US |
dc.rights | Attribution-NonCommercial-NoDerivs 3.0 United States | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/us/ | * |
dc.subject | Capital Gains Taxation | en_US |
dc.title | The Impact of Capital Gains Taxation on the Prices of Ordinary Shares of Selected Enterprises in the Nairobi Stock Exchange | en_US |
dc.type | Thesis | en_US |