We study the dynamic implications of capital investment in innovative capacity (IC) on future
stock returns, investment, and profitability by modeling the unique effects of IC investment on …

We examine the effects of option-generating capital investments on subsequent stock
returns. Firms undertake such investments to develop future growth options by, for example …

Consider investors with a 10-year investment horizon who rebalance their portfolio at the
monthly frequency. Should they use information from monthly returns, 10-year returns or …

The petroleum sector in Kenyan is highly regulated by the government such that, the
government sets prices for most of the energy products. This study was to determine how the …

This chapter which is the first in this study comprised of the background of the study,
overview of relevant study variables the current trend of the variables, problem statement …