Effects of Dividend Announcements on Stock Prices at Nairobi Securities Exchange
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Date
2016
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Research Journal of Finance and Accounting
Abstract
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
Description
Journal Article
Keywords
semi-strong, efficient market hypothesis, dividend announcements, cumulative abnormal returns
Citation
Maringa, E., And Wachira, M. (2016): Effects of Dividend Announcements on Stock Prices at Nairobi Securities Exchange. Research Journal of Finance and Accounting