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The Effect Of Currency Risk Internal Hedging Strategies On The Value Of The Firm: Evidence Of Listed Commercial Banks In Kenya

Social Science and Humanities JournalVol. 1 · No. 07 · (2017)📅 December 20, 2017pp. 459-472
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Abstract

This paper argues that English plays a complementary rather than a conflicting role in the Nigerian linguistic context. Nigeria is the most linguistically heterogeneous country in the African continent, with more than 500 indigenous languages spoken within its borders. With such a linguistically diverse landscape, a common language is needed to facilitate inter-ethnic communication and social interaction among the people. English, like French and Portuguese in other parts of Africa, has played this role since the post-colonial era. As an exoglossic lingua franca and the official language of the country, the use of English has helped to minimize inter-ethnic rivalry and conflict that would erupt if any indigenous language were imposed to play these roles in Nigeria. The paper further argues that there is a stable diglossic relationship between English and the indigenous languages in Nigeria because these languages have maintained clearly distinct linguistic domains in which they function; the High language (English) in formal domains and the Low (indigenous languages) in informal domains. With proper language planning and the formulation and implementation of a pragmatic language policy, especially in the domain of education, English and the indigenous languages can continue to co-exist and complement one another. This paper has used the concepts of diglossia and domain analysis as the theoretical framework

How to Cite
Joseph Mwangi Chege, Tabitha Nasieku Obwogi (2017). The Effect Of Currency Risk Internal Hedging Strategies On The Value Of The Firm: Evidence Of Listed Commercial Banks In Kenya. Social Science and Humanities Journal, 1(07), 459-472.