Does internal finance constrain growth: Evidence on listed firms from the industrial sector in the Philippines, 2000-2008
This paper discusses the industry specific effect of the availability of internal to the asset growth of our target firms. The researchers made use of the listed firms belonging to the industrial sector of the Philippine Stock Exchange as the sample for this study. Using each firm's financial s...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2009
|
| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/18457 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | De La Salle University |
| Language: | English |
| Summary: | This paper discusses the industry specific effect of the availability of internal to the asset growth of our target firms. The researchers made use of the listed firms belonging to the industrial sector of the Philippine Stock Exchange as the sample for this study. Using each firm's financial statements from years 2000 to 2008, the researchers obtained basic measures needed to test the effect of internal finance to asset growth. These basic measures include cash flow to total asset ratio, Tobin's Q, debt to equity ratio and retention rate of each firm. Through the use of these measures, the researchers were able to test the industry and subsector specific effect of internal finance to the asset growth of firms. |
|---|