A study on the effects of corporate governance on the firm performance of publicly-listed financial institutions in the 2008 financial crisis in the Philippines
Date of Publication
Bachelor of Science in Management of Financial Institutions
Ramon V. Del Rosario College of Business
Financial Management Department
Patricia P. Benito
Defense Panel Member
Kristine Mae F. Lagdameo
The 2008 financial crisis is considered to be the worst financial crisis following the Great Depression in the 1930s. There were many significant events that led to this catastrophe, such as the irresponsible mortgage lending of banks to poor creditors, the bankruptcy of the Lehman brothers and the repeal of the Glass-Steagall Act. Because of the events that led to the crisis, it shows there was ineffective risk management and corporate governance during that time. This research paper aims to determine the role of corporate governance in publicly-listed financial institutions during the 2008 financial crisis in the Philippines, and determine whether corporate governance has an impact in the firm performance of publicly-listed financial institutions before, during and after the crisis periods. Based form the results, corporate governance has no direct impact in the firm performance of the financial institutions in the pre-crisis, crisis and post-crisis periods. Because of this, future researchers should consider foreign banks and non-listed financial institutions and use another combination variables that show a better relationship.
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
74 leaves : illustrations ; 28 cm.
Corporate governance--Philippines; Risk management--Philippines
Esguerra, N. A., Madlangsakay, E. S., Hernandez, K. M., & De Guzman, A. M. (2015). A study on the effects of corporate governance on the firm performance of publicly-listed financial institutions in the 2008 financial crisis in the Philippines. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/7160