The implications of exchange rate control on firm performance: The case of publicly listed companies in the Philippines
Date of Publication
2011
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
Ruben Carlo O. Asuncion
Defense Panel Member
Neriza M. Delfino
Jemelyn Go
Philip Te
Abstract/Summary
This paper seeks to present the implications of foreign exchange control on firm performance specifically on stock prices of firms listed in the Philippine Stock Exchange. The researchers conducted a study on 84 firms, excluding the financial sector. Using the event study approach, the researchers were able to get a negative impact on the announcement of foreign exchange control. Almost all resources firms' stock prices performed badly days after the announcement of foreign exchange liberalization since they highly depend on importation and exportation of their goods. In addition, the researchers also conducted Chow test that shows there is structural change in parameters.
Abstract Format
html
Language
English
Format
Accession Number
TU21692
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
100 leaves : illustrations (some color)
Keywords
Foreign exchange--Philippines; Foreign exchange administration--Philippines; Business enterprises--Philippines--Finance
Recommended Citation
Chua, A. N., Sy, C. C., Tan, R. O., & Uy, J. T. (2011). The implications of exchange rate control on firm performance: The case of publicly listed companies in the Philippines. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/18368
