This study adopts descriptive research design and embraced secondary data from 2007 to 2017 from a target population of 67 listed firms. It was found that there existed a relationship between fundamental anomalies and firms’ financial distress. The study recommends that the management should put in place the right dividend policies, declaration or nondeclaration of dividends in the treatment of dividends. For policy makers and regulators, the recommendations will assist in restoring law and order and this will enable all the stakeholders to have confidence in Nairobi Securities Exchange. |
