A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010

This thesis paper wants to find out whether macroeconomic variables such as inflation rate, interest rate, foreign exchange rate and foreign direct investment, and performance ratios such as the current ratio, debt to equity ratio, and return on equity ratio affect the stock prices of publicly liste...

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Main Authors: Cadiz, Venice, Cruz, Jonas, Lim, Peter, San Pedro, Arnina
格式: text
語言:English
出版: Animo Repository 2011
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在線閱讀:https://animorepository.dlsu.edu.ph/etd_bachelors/18415
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機構: De La Salle University
語言: English
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-189282022-02-04T08:04:07Z A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010 Cadiz, Venice Cruz, Jonas Lim, Peter San Pedro, Arnina This thesis paper wants to find out whether macroeconomic variables such as inflation rate, interest rate, foreign exchange rate and foreign direct investment, and performance ratios such as the current ratio, debt to equity ratio, and return on equity ratio affect the stock prices of publicly listed oil exploration companies in the Philippines namely: Basic Energy Corporation, Oriental Petrolelum and Minerals Corporation, Petron Energy Resources Corporation, PNOC Exploration Corporation, and The Philodrill Corporation. The paper studied these companies for the period 2006-2010. Certain models used to analyze the data were: fixed effects model, random effects model, Hausman specification test, Breausch-Pagan/Cook-Weisberg test, and GLS regression with heteroscedasticity. Through the models and tests done, the researchers found out that all macroeconomic variables significantly affect the stock prices of the oil exploration companies in the Philippines, while only one performance ratio, the debt to equity ratio, significantly affects the stock prices of the said companies. After reading this paper, the readers would understand more the importance of the macroeconomic variable and the companies' performance ratio to the stock prices of the companies most importantly if one is planning to invest in stocks of these companies. 2011-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/18415 Bachelor's Theses English Animo Repository Stocks--Prices--Philippines Stock exchanges--Philippines Macroeconomics--Philippines Finance and Financial Management
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Stocks--Prices--Philippines
Stock exchanges--Philippines
Macroeconomics--Philippines
Finance and Financial Management
spellingShingle Stocks--Prices--Philippines
Stock exchanges--Philippines
Macroeconomics--Philippines
Finance and Financial Management
Cadiz, Venice
Cruz, Jonas
Lim, Peter
San Pedro, Arnina
A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010
description This thesis paper wants to find out whether macroeconomic variables such as inflation rate, interest rate, foreign exchange rate and foreign direct investment, and performance ratios such as the current ratio, debt to equity ratio, and return on equity ratio affect the stock prices of publicly listed oil exploration companies in the Philippines namely: Basic Energy Corporation, Oriental Petrolelum and Minerals Corporation, Petron Energy Resources Corporation, PNOC Exploration Corporation, and The Philodrill Corporation. The paper studied these companies for the period 2006-2010. Certain models used to analyze the data were: fixed effects model, random effects model, Hausman specification test, Breausch-Pagan/Cook-Weisberg test, and GLS regression with heteroscedasticity. Through the models and tests done, the researchers found out that all macroeconomic variables significantly affect the stock prices of the oil exploration companies in the Philippines, while only one performance ratio, the debt to equity ratio, significantly affects the stock prices of the said companies. After reading this paper, the readers would understand more the importance of the macroeconomic variable and the companies' performance ratio to the stock prices of the companies most importantly if one is planning to invest in stocks of these companies.
format text
author Cadiz, Venice
Cruz, Jonas
Lim, Peter
San Pedro, Arnina
author_facet Cadiz, Venice
Cruz, Jonas
Lim, Peter
San Pedro, Arnina
author_sort Cadiz, Venice
title A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010
title_short A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010
title_full A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010
title_fullStr A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010
title_full_unstemmed A study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the Philippine Stock Exchange for the period 2006-2010
title_sort study on the relationship of macroeconomic variables and financial ratios on stock prices of publicly listed oil exploration companies in the philippine stock exchange for the period 2006-2010
publisher Animo Repository
publishDate 2011
url https://animorepository.dlsu.edu.ph/etd_bachelors/18415
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