Financial theories on pension fund portfolios in Kenya

Harold Omollo, Tobias Olweny, Oluoch Oluoch and Joshua Wamatanda

MPRA Paper from University Library of Munich, Germany

Abstract: Theories are guided principles defining facts while using the outcome to predict the future. To some extent, hypotheses have also been used in support of several ideologies leading to theoretical evidence for scientists and the general public. In this perspective, financial theories are adopted to address debt and equity ethical dilemmas more so within pension fund portfolios according to financial pundits. Over time, pension fund managers in Kenya have been reaching out for known theories for possible adoption underpinning principals and theoretical framework when juggling with debts and equity decisions. This paper therefore addresses specific concerns raised by several proponents regarding financial theory practices interventions while considering relevant variables for the study. The conclusion of the matter is that the study illustrates how theories can be put into practice more so during decision making processes on specific portfolios.

Keywords: Capital structure theories; pension fund portfolios; financial theories and practices; debts and equity investments; optimal levels; exploratory variable s. debt equity ratios (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2021-08-16
New Economics Papers: this item is included in nep-age and nep-isf
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:109216

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