Date of Publication
4-4-2023
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
Subject Categories
Environmental Policy | Finance and Financial Management
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management Department
Thesis Advisor
Liberty S. Patiu
Defense Panel Chair
Tomas Tiu
Defense Panel Member
Rene B. Betita
Reinnite P. Madrid
Abstract/Summary
This research examined the profitability of select 9 renewable and non-renewable energy firms from the Philippines. This study investigated the impact of green investments on return on equity, Q ratio, and net profits. A dynamic panel data regression containing 53 observations from 2016 to 2021 was conducted. A Granger causality test was also conducted to determine the causality of green investments to the variables. The regression results indicated that green investment has no significant association with net profits but has a positive association with return on equities. It was also found that Q ratio has a negative association with green investments while causality was found lacking through Granger's test. This study will help companies in making informed decisions in investing through the analytical evaluation of the results. It can also provide valuable insights for the government in promoting or advocating green investments.
Abstract Format
html
Language
English
Keywords
Energy industries—Philippines—Finance; Investments—Moral and ethical aspects—Philippines; Environmental policy—Philippines
Recommended Citation
Al-ag, B. B., Gaerlan, J. T., Guintu, S. M., & Ng, J. A. (2023). The impact of green investments on Philippine energy firms’ financial performance: The moderating role of environmental policies. Retrieved from https://animorepository.dlsu.edu.ph/etdb_finman/58
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Embargo Period
4-22-2023
