Implications of selected measures of systematic risk and firm's financial indicators on Philippine construction and manufacturing firms' stock prices during and pre-subprime crisis: A comparative panel data analysis
Date of Publication
2010
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
Alfredo M. Santoyo
Defense Panel Chair
Rene B. Hapitan
Defense Panel Member
Manrico Masagca
Madelaine Balane
Abstract/Summary
This study aims to explain the dependability of stock prices of manufacturing and construction stocks of firms listed in the Philippine Stock Exchange since these were the most affected by the sub-prime crisis. Systematic risks measures such as the inflation rate, USD/PHP foreign exchange rate, t-bill rate, and overnight borrowing rate will be tested in this study. Firm's financial indicators of firms including market capitalization, price/earnings ratio, return on equity, return on asset, and book to market ratio will also be tested as an alternative to measure effects on stock prices. The sample consisted of 32 companies, all of which are up to this date, listed in the Philippine Stock Exchange, under manufacturing and construction industry. The study will provide in-depth analysis on how the other measures of risks, such as measures of systematic risks and firms' financial indicators mentioned affect the stock prices of companies during crisis and pre-subprime crisis. The study uses panel data analysis by performing regression analysis with random effects model.
Abstract Format
html
Language
English
Format
Accession Number
TU21823
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
86, [11] leaves
Keywords
Financial institutions--Management; Stocks--Prices--Philippines
Recommended Citation
Aniag, W., Chavez, J., Cruz, S., & Go, P. (2010). Implications of selected measures of systematic risk and firm's financial indicators on Philippine construction and manufacturing firms' stock prices during and pre-subprime crisis: A comparative panel data analysis. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/18473
