The market-structure performance relationship in the non-life insurance sector of the ASEAN 5 countries from 2008 to 2013
Date of Publication
2015
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Rene B. Betita
Defense Panel Chair
Ester Guerzon
Defense Panel Member
Michelle Brendy C. Ocampo Tan
Martin Temblique
Abstract/Summary
This study identifies the relationship between the market structure and market conduct variables and profitability. This also tests the applicability of the structure-conduct-performance hypothesis in the non-life insurance sector of the ASEAN 5 countries from the period 2008 to 2013. Using fixed effect panel data regression model to test data, the results show that there is a dynamic relationship between market liberalization, market concentration, and profitability. At low levels of liberalization, then market concentration and profitability will share a positive relationship this is in line with the assumptions of the SCP hypothesis. However, at higher levels of liberalization, this relationship weakens and is sometimes inversed depending on how high the levels of liberalization are, the SCP hypothesis may ultimately be rejected for freer and more concentrated markets.
Abstract Format
html
Language
English
Format
Accession Number
TU21646
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
107, [30] leaves : illustrations (some color) ; 28 cm.
Keywords
Insurance--Southeast Asia
Recommended Citation
Calamba, J. N., Dimpas, D. G., Herrera, L. C., & Paredes, J. P. (2015). The market-structure performance relationship in the non-life insurance sector of the ASEAN 5 countries from 2008 to 2013. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/7553