Get premium membership and access questions with answers, video lessons as well as revision papers.

Kamwaru private company recently joined the Nairobi stock Exchange. Describe five benefits of such a decision

      

Kamwaru private company recently joined the Nairobi stock Exchange. Describe five benefits of such a decision

  

Answers


Kavungya
-Facilitates buying of shares
-Facilitates selling of shares
-Safeguarding investors interests – This is achieved by requiring the company that wants to be quoted to attain standards of performance
-Provides useful information - provides timely, accurate and reliable information to investors which enable them to make decisions on investment choices
-Assists company to raise capital
-Creation of employment – brokers and their agents
-Raising revenue for the government e.g. taxes, licence fees, rent and rates
-Availing variety of securities
-Fixing of prices
-Measures a county’s economic progress
-Promote the culture of saving
Kavungya answered the question on September 26, 2019 at 05:29


Next: The following trial balance belongs to Kipevu trades as at 30th June, 2004. REQUIRED (i)Prepare a trading profit and loss account (ii)Prepare a balance sheet as at 30th...
Previous: Indicate the type of utility created by each of the given commercial activities. a)Making chairs from timber b)Storing chairs in a workhouse c)Transporting chairs to the market d)Selling...

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions