Financial constraints and stock returns: An evidence from the Philippines

• Main Authors: Garcia, Mary Stephanie R., Manalo, Alvin Joshua Z., Tsoi, Janella Steffie L., Yupangco, Lara Gabrielle V.
• Format: text
• Language: English
• Published: Animo Repository 2016
• Subjects: Business enterprises—Finance; Stocks—Rate of return; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/6463; https://animorepository.dlsu.edu.ph/context/etd_bachelors/article/7107/viewcontent/Thesis_Paper__Group_13_b.pdf
• Institution: De La Salle University

The study aims to establish whether the financial constraint factor impact stock returns for publicly listed companies in the Philippines from 2007 to 2014. The researchers utilized the whited-Wu (WW) index to determine the magnitude of financial constraint of Philippine industrial firms. Subsequent...