Title

Mixed signals: A regional quantile nexus between bank loan rate and corporate control mechanisms of selected ASEAN economies

Date of Publication

2017

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Management of Financial Institutions

Subject Categories

Finance and Financial Management

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management Department

Thesis Adviser

Mar Andriel Umali

Defense Panel Member

Patrick Caoile

Catherine Kalayaan Almonte

Kristine Lagdameo

Liberty Patiu

Abstract/Summary

This study seeks to shed light to the question: What is the per quantile relationship that exists between an ASEAN bank corporate control mechanisms and the loan interest rate it charges to the clients? The proponents implemented the principal component analysis (PCA), the ordinary least squares (OLS) regression and the quantile regression for panel data (QRPD) in order to empirically determine such relationships across loan quantiles using annual data for the Philippines, Malaysia and Thailand from 2011 to 2015. Results show that board independence depicts a positive relationship in the Philippines, and a negative relationship in Malaysia and Thailand. Next, the CEO separation illustrates a positive relationship in all the countries. Finally, the board size presents a positive relationship in both Philippines and Malaysia however, Thailand exhibits otherwise. Nonetheless, heterogeneity is only pertinent in board size as estimated by the QRPD.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU19970

Shelf Location

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

Physical Description

vi, 191 4 leaves ; 28 cm. + 1 computer disc ; 4 3/4 in.

Keywords

Bank management--Southeast Asia; Bank loans-- Southeast Asia; Interest--Southeast Asia

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