What Is the Effect of Rights Issue on Firms Share Performance in  the Nairobi Securities Exchange?

dc.contributor.author	Kithinji, Joy Gacheri
dc.contributor.author	Oluoch, Wycliffe
dc.contributor.author	Mugo, Robert
dc.date.accessioned	2023-02-23T11:30:12Z
dc.date.available	2023-02-23T11:30:12Z
dc.date.issued	2014-04
dc.identifier.uri	http://ir.kabarak.ac.ke/handle/123456789/1444
dc.description.abstract	Rights issues give existing shareholders the option of purchasing new shares, normally issued at a discount to the prevailing market price in order to encourage participation in the capital raised over purchasing shares in the market. This study aimed to identify the effects of rights issue on the share performance of listed Kenyan-based companies on the Nairobi Securities Exchange. The research was to evaluate the effects of rights issue on firms’ subsequent trading prior to and after the issue. All the firms listed at the Nairobi Securities Exchange and were part of the NSE 20 share index were considered. In addition to this, all the firms that performed rights issue between 2007 and 2012 were included in the target population whether or not they were part of the NSE 20 share index	en_US
dc.language.iso	en	en_US
dc.publisher	Kabarak University	en_US
dc.subject	: Rights issue	en_US
dc.subject	Nairobi Securities Exchange	en_US
dc.subject	Share Performance	en_US
dc.title	What Is the Effect of Rights Issue on Firms Share Performance in the Nairobi Securities Exchange?	en_US
dc.type	Article	en_US