The determinants and probability of diffusion of selected financial innovations of five universal banks in the Philippines for the period 2000-2010

Date of Publication

2013

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Commerce Major in Management of Financial Institutions

Subject Categories

Finance and Financial Management

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management

Thesis Adviser

Catherine Kalayaan S. Almonte

Defense Panel Member

Rene Betita
Neriza Delfino
Edralin Lim

Abstract/Summary

Financial innovations are the trump cards of players in the banking industry. This paper describes the probability that banks decide to adopt and implement a financial innovation. It also gives a glimpse of the factors that are significant to the banks' decision to adopt. Three specific innovations were chosen for the study: unit investment trust funds under products, prepaid cards under services, and risk management under production processes. And to fully understand the factors in adoption, the variables taken into consideration were: the length of time the CEO was in office, the total assets of the bank, the return on equity, and the Herfindahl-Hirschman index. While other papers would approach the topic theoretically, this paper includes an empirical study on the probability of adoption using a Probit regression model on five selected banks namely, BDO, BPI, PNB, RCBC, and UCPB, with BPI as the bank that is most likely to adopt a financial innovation.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU21222

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

191 leaves : illustrations

Keywords

Universal banks--Philippines; Banks and banking--Philippines; Financial engineering--Philippines

This document is currently not available here.

Share

COinS