A study on the effects of firm size on the growth and profitability of selected 27 non-life insurance companies for the period 2001-2005
According to the report of Standard & Poor's, an international credit rating institution, the non-life insurance industry in the Philippine is performing poorly due to the companies' weak capitalization and excessive taxation. With that, there is then a need to strengthen and develop t...
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| Main Authors: | , , , |
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| 格式: | text |
| 語言: | English |
| 出版: |
Animo Repository
2007
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| 主題: | |
| 在線閱讀: | https://animorepository.dlsu.edu.ph/etd_bachelors/14318 |
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| 總結: | According to the report of Standard & Poor's, an international credit rating institution, the non-life insurance industry in the Philippine is performing poorly due to the companies' weak capitalization and excessive taxation. With that, there is then a need to strengthen and develop the financials of non-life insurance companies. In the financial intermediation industry today, banks merge in order to improve their financial stability and profitability. The researchers then hypothesized whether the size of a firm would be a significant indicator of growth and profitability for non-life insurance companies.
This paper shows the relationship of firm size, growth and profitability of twenty-seven (27) selected non-life insurance companies and a separate study on one (1) merged non-life insurance company for the years 2001-2005. Using panel data regression, the results state that net premiums earned and net income of non-life insurance companies were the only variables that are significantly affected by the size of the firm.
With the results generated from this study, the researchers recommend the non-life insurance industry to focus not only on managing the size of the firm but also on their operations in order to reduce costs and improve the bottom-line figures and develop the growth and profitability of non-life insurance companies. |
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