The introduction of corporate government practices in Nairobi stock exchange saw the Bull Run that kicked off in the Nairobi Securities Exchange in the year 2006, which made the market gain more than 50%. As earnings of companies increased, so did the demand for shares by the public, corporate governance was incorporated as a strategy for the company success. The price appreciation forced many companies to split shares owing to the nature of majority of the Kenyan and foreign investors who wanted to invest in listed companies. Companies such as Kenol/ Kobil (Kenya Oil Company Limited), East African Cables Limited, CMC Holdings Limited, ICDCI (Centum Investments Company Limited) and Barclays Bank Limited that were highly priced opted to split shares to make them accessible to the public, and to benefit the company as well as potential investors. Corporate governance formulated and implemented legislation and enforcement procedure in place within the CMA and the NSE, to curb massive falsification of financial reports, conspicuous dealings in the NSE and illegal collaboration of stockbrokers with the intention to defraud investors. It is good corporate governance that even with the recent collapse of many stockbrokerage firms investor confidence in the capital corporate governance still is high. This study explores the contribution of the corporate governance on investor confidence in Nairobi Securities Exchange; recommend the possible solutions to curb corporate governance irregularities that lead to tremendous loss of investor money and confidence.
- Home
- About us
- EDITORIAL BOARD
- INSTRUCTION TO AUTHOR
- Current Issue
- Archive
- September, 2024
- August, 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November, 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November, 2021
- October, 2021
- September, 2021
- August, 2021
- July, 2021
- June, 2021
- May, 2021
- April 2021
- March 2021
- February 2021
- January 2021
- Submit Article
- Certificate
- Reviewers Form
- Contact Us