An empirical study on the impact of the global financial crisis on the relationship of economic value added and return on equity to stock returns: Evidence from selected publicly listed industrial firms
Date of Publication
2012
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Accountancy
Subject Categories
Accounting
College
Ramon V. Del Rosario College of Business
Department/Unit
Accountancy
Thesis Adviser
Carmelita Clerigo
Defense Panel Member
Arnel Onesimo Uy
Nimpha Aquino
Abstract/Summary
The financial crisis that began in the United States during 2008 has direly affected the global economy and has caused the downfall of the conditions of numerous countries all over the world. But despite the fact that various other countries have harshly felt the terrible effect of the global financial crisis, the Philippines has been considered to have not as sharply experienced its impact. This can be somehow attributed to the reason that the Philippines have little exposure to the structured financial instruments that caused the crisis. Although this is the case, the Philippines was not spared and still experienced the effect of this widespread financial catastrophe.
For this study, the researchers aimed to determine the impact of the recent global financial crisis on the stock and financial performance of the companies listed in the Philippine Stock Exchange under the industrial sector. Chiefly, the relationship between these two was evaluated and assessed whether it significantly changed subsequent to the global adversity. The performance measures used specifically were Economic Value Added, Return on Equity and Stock Returns for the accounting financial performance, value-based management and stock performance measures respectively. These provided linkage between the companies accounting and economic profits with the performance they exhibit in the stock exchange market.
Abstract Format
html
Language
English
Format
Accession Number
TU18014
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
86 leaves : illustrations (some colored) ; 28 cm. + ; 1computer optical disc.
Keywords
Global Financial Crisis, 2008-2009; Stocks--Prices-- Economic aspects; Rate of return--Economic aspects
Recommended Citation
Cabaliza, C. P., Pe, M. M., Samonte, K. R., & Caraos, R. E. (2012). An empirical study on the impact of the global financial crisis on the relationship of economic value added and return on equity to stock returns: Evidence from selected publicly listed industrial firms. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/11489
