Joseph Kiplangat Serem

The asymmetric impact of foreign equity investment on the financial growth of Nairobi Stock Exchange [NSE]-listed firms. A Non-Linear Autoregressive Distributed Lag (NARDL) approach

The current study examines the non-linear effect of foreign equity investment on financial performance of firms recorded on the Nairobi Securities Exchange (NSE) by utilizing Non-Linear Autoregressive Distributed Lag (NARDL) model.  Theories that are theoretically grounded for the findings are Internalization Theory an...

Licensed Under Creative Commons Attribution (CC BY-NC) Examining the asymmetric relationship between foreign derivative investment and financial growth of Nairobi Stock Exchange [NSE]-listed firms: A Nonlinear Autoregressive Distributed Lag [NARDL] approach

Examining the asymmetric relationship between foreign derivative investment and financial growth of Nairobi Stock Exchange [NSE]-listed firms: A Nonlinear Autoregressive Distributed Lag [NARDL] approach

This study examines whether the relationship between foreign derivative investment (FDerI) and financial growth of firms listed on the Nairobi Securities Exchange (NSE) is asymmetric — that is, whether positive shocks (increases) and negative shocks (decreases) in FDerI exert differential and non-linear effects on net...