August 2007
Determinants of effective productivity among service workers: the case of nurses in Botswana
The study proposes a measure of effective productivity among service workers and seeks a parsimonious predictive model of “effective productivity” among nurses in Botswana. Employee productivity has become a concern of organisations in all economic sectors world wide. In Botswana, it has also become a national priority issue and has been listed as one of the goals of the long term vision for...
August 2007
Stock market returns and volatility in the BRVM
This paper studies the relationship between expected stock market returns and volatility in the regional stock market of the West African Economic and Monetary Union called the BRVM. Using weekly returns over the period 4 January 1999 to 29 July 2005 and, an EGARCH-in-Mean model assuming normally distributed and Student's t distribution for error terms, the study reveals that: 1) expected stock return has...
August 2007
Determinants of voluntary disclosures in Kenyan companies annual reports
In recent years, the Kenyan Government has initiated reforms at the Nairobi Stock Exchange aimed at transforming the exchange into a vehicle for mobilising domestic savings and attracting foreign capital investments. Consequently, the corporate financial reporting, and in particular, the level of voluntary disclosure is a vital part of the process for building investor confidence (local and foreign) and...
August 2007
Determinants of technology adoption in the production of horticultural export produce in Kenya
The horticultural sector is currently the second largest foreign exchange earner in Kenya after tea. It employs more than a half a million people in the formal sector and over two million people in the informal sector. The major export destinations demand some minimum quality levels of the produce entering their market. There have been technological innovations with regard to seed priming, treatment, disease...
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