Matches in SemOpenAlex for { <https://semopenalex.org/work/W2903243047> ?p ?o ?g. }
Showing items 1 to 59 of
59
with 100 items per page.
- W2903243047 abstract "The study aimed to establish the effect of trading volume on market returns of securities traded in Kenyan securities exchange market. The study used secondary data from all the firms listed in NSE during the period 2004 to 2016. The target population of the study consisted of the sixty 62 companies listed in Nairobi securities exchange market that is, both financial and non-financial companies. The study was a census study of all the sixty 2 companies listed in the Nairobi security exchange market for 13 years starting the year 2004 to the year 2016. The study started with descriptive and then diagnostic tests. The measures of central tendency used to test normality were mean, median, maximum and minimum value, standard deviation, skewness, kurtosis and Jarque-Bera (JB) test. The results from these tests showed that the variables were fairly normally distributed. The study further sought to investigate the stationality properties of market returns, trading volume. The study used five panel data unit root tests. Particularly the test were, Levin, Lin and Chu t, Breitung t-stat, Im, Pesaran and Shin W-stat developed, Fisher-type tests using augmented dickey fuller ADF and (Phillip and Peron) PP tests. The all these tests revealed that the variables were stationary on average. The study also sought to test the granger causality among the variable. The results from granger causality showed that some of the variables granger caused one another. The cointegration results showed that there was long-run equilibrium. The regression techniques used was Cross-section fixed (dummy variables) and Period fixed (dummy variables). The regression results revealed that the variables were statistically significant effect on market returns trading volume had a positive effect on the market returns. It is therefore in this light that the future research should consider other variables which would increase the predictive power of the model. The other relevant variables would be variables such as the size of the firm, market value of the firm and the macroeconomic variables such as exchange rate, inflation, money supply among others." @default.
- W2903243047 created "2018-12-11" @default.
- W2903243047 date "2018-01-01" @default.
- W2903243047 modified "2023-09-26" @default.
- W2903243047 title "Effect of Trading Volume on Market Returns of Equity Securities Market in Kenya" @default.
- W2903243047 doi "https://doi.org/10.28933/gjeba-2018-09-2301" @default.
- W2903243047 hasPublicationYear "2018" @default.
- W2903243047 type Work @default.
- W2903243047 sameAs 2903243047 @default.
- W2903243047 citedByCount "0" @default.
- W2903243047 crossrefType "journal-article" @default.
- W2903243047 hasBestOaLocation W29032430471 @default.
- W2903243047 hasConcept C10138342 @default.
- W2903243047 hasConcept C106159729 @default.
- W2903243047 hasConcept C118315980 @default.
- W2903243047 hasConcept C11906137 @default.
- W2903243047 hasConcept C12559387 @default.
- W2903243047 hasConcept C144133560 @default.
- W2903243047 hasConcept C162324750 @default.
- W2903243047 hasConcept C17744445 @default.
- W2903243047 hasConcept C199539241 @default.
- W2903243047 hasConcept C199728807 @default.
- W2903243047 hasConcept C24683644 @default.
- W2903243047 hasConcept C556758197 @default.
- W2903243047 hasConcept C63240072 @default.
- W2903243047 hasConcept C73283319 @default.
- W2903243047 hasConcept C78508483 @default.
- W2903243047 hasConceptScore W2903243047C10138342 @default.
- W2903243047 hasConceptScore W2903243047C106159729 @default.
- W2903243047 hasConceptScore W2903243047C118315980 @default.
- W2903243047 hasConceptScore W2903243047C11906137 @default.
- W2903243047 hasConceptScore W2903243047C12559387 @default.
- W2903243047 hasConceptScore W2903243047C144133560 @default.
- W2903243047 hasConceptScore W2903243047C162324750 @default.
- W2903243047 hasConceptScore W2903243047C17744445 @default.
- W2903243047 hasConceptScore W2903243047C199539241 @default.
- W2903243047 hasConceptScore W2903243047C199728807 @default.
- W2903243047 hasConceptScore W2903243047C24683644 @default.
- W2903243047 hasConceptScore W2903243047C556758197 @default.
- W2903243047 hasConceptScore W2903243047C63240072 @default.
- W2903243047 hasConceptScore W2903243047C73283319 @default.
- W2903243047 hasConceptScore W2903243047C78508483 @default.
- W2903243047 hasLocation W29032430471 @default.
- W2903243047 hasOpenAccess W2903243047 @default.
- W2903243047 hasPrimaryLocation W29032430471 @default.
- W2903243047 hasRelatedWork W1597411083 @default.
- W2903243047 hasRelatedWork W2071926811 @default.
- W2903243047 hasRelatedWork W2090016168 @default.
- W2903243047 hasRelatedWork W2096098199 @default.
- W2903243047 hasRelatedWork W2113483459 @default.
- W2903243047 hasRelatedWork W2253413859 @default.
- W2903243047 hasRelatedWork W2732684528 @default.
- W2903243047 hasRelatedWork W2782459121 @default.
- W2903243047 hasRelatedWork W3123658173 @default.
- W2903243047 hasRelatedWork W3211104818 @default.
- W2903243047 isParatext "false" @default.
- W2903243047 isRetracted "false" @default.
- W2903243047 magId "2903243047" @default.
- W2903243047 workType "article" @default.