Browsing by Author "Maringa, Elijah"

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    Effects of Dividend Announcements on Stock Prices at Nairobi Securities Exchange
    (Research Journal of Finance and Accounting, 2016) Maringa, Elijah; Wachira, David Muturi
    The paper discusses the concept of efficient market hypothesis at Nairobi Securities Exchange. The research was carried out to investigate the effects of dividend announcements on stock prices at NSE in semi-strong form. Secondary data was collected and analysed from Nairobi Securities Exchange. It was concluded that Nairobi Securities Exchange is not efficient in semi-strong form