The impact of organizational growth on a firm's profitability: Evidence from selected Philippine publicly listed non-financial companies for 2011-2014
Date of Publication
2016
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Accountancy
College
Ramon V. Del Rosario College of Business
Department/Unit
Accountancy
Thesis Adviser
Reymond Monfero
Defense Panel Member
Mary Josephine A. Quitoriano
Arnel Onesimo O. Uy
Cynthia P. Cudia
Abstract/Summary
Previous studies show that organizational growth has an impact on profitability while others state otherwise, showing that this topic is still on an ongoing debate. The purpose of this study is to determine whether or not organizational growth has an impact on selected Philippine publicly listed non-financial companies profitability, using a panel data multiple regression analysis. Sales growth, asset growth, employee growth, and dividend growth were used as proxies for organizational growth while return on assets (ROA) and return on equity (ROE) for profitability. The study used secondary data from the financial statements of the companies found in the Philippine Stock Exchange Edge website, Osiris and firms websites. The period covered for the panel data analysis was four years from 2011 to 2014, with 2010 used as base year. Regression results showed that sales growth, employee growth and dividend growth are significant variables, and sales growth, asset growth and dividend growth have negative coefficients. Therefore, this research observed that organizational growth has a significant impact on profitability in terms of ROA but insignificant impact in terms of ROE. For further studies, the researchers suggest to add more industries from other countries or regions, particularly the ASEAN, for a larger data set in order to expose the similarities and differences between countries regarding the impact of organizational growth on profitability. Moreover, the researchers encourage further studies to employ additional growth proxies, such as those of fixed asset growth and cash flow growth, and profitability measures to provide more conclusive results.
Abstract Format
html
Language
English
Format
Accession Number
TU23362
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
v, 151 leaves : illustrations ; 28 cm. + 1 computer disc ; 4 3/4 in.
Keywords
Profit--Philippines; Organizational change--Philippines
Recommended Citation
Conde, M. A., Lua, M. T., Santos, A. F., & Uy, P. V. (2016). The impact of organizational growth on a firm's profitability: Evidence from selected Philippine publicly listed non-financial companies for 2011-2014. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/9774