Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009

There has been a multitude of studies about the relationship of corporate governance and firm performance, most of them focusing on developed countries. Recently, researchers are shifting their focus on emerging markets. The results of these studies, however, are still inconclusive (Cheung, Connelly...

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Main Authors: Larcia, Leo Angelo M., Maalihan, Gizelle A., Rivera, Ma. Thea Angela L.
Format: text
Language:English
Published: Animo Repository 2010
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Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/7153
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Institution: De La Salle University
Language: English
id oai:animorepository.dlsu.edu.ph:etd_bachelors-7797
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-77972021-10-16T03:37:16Z Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009 Larcia, Leo Angelo M. Maalihan, Gizelle A. Rivera, Ma. Thea Angela L. There has been a multitude of studies about the relationship of corporate governance and firm performance, most of them focusing on developed countries. Recently, researchers are shifting their focus on emerging markets. The results of these studies, however, are still inconclusive (Cheung, Connelly & Limpaphayom, 2009). In the Philippines, scanty literature still exist connecting governance to performance. Hence, this study is aimed on providing another perspective on the effect of corporate governance practices of selected Philippine publicly listed firms on firm performance for the year 2009. Using the Organization for Economic Cooperation and Development (OECD) Principles of corporate governance as a framework, this study investigated the corporate governance of selected firms and relates it to firm performance operating and market-based. By employing cross-sectional analysis, this study revealed that the overall corporate governance have a significant positive effect on operating performance, while insignificant as to market performance. Moreover, the researchers have also identified the role of stakeholders, as a component of corporate governance, as the primary element that drove the said effect on firm operations. 2010-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/7153 Bachelor's Theses English Animo Repository Corporate governance--Philippines Corporations--Finance--Philippines
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 Corporate governance--Philippines
Corporations--Finance--Philippines
spellingShingle Corporate governance--Philippines
Corporations--Finance--Philippines
Larcia, Leo Angelo M.
Maalihan, Gizelle A.
Rivera, Ma. Thea Angela L.
Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009
description There has been a multitude of studies about the relationship of corporate governance and firm performance, most of them focusing on developed countries. Recently, researchers are shifting their focus on emerging markets. The results of these studies, however, are still inconclusive (Cheung, Connelly & Limpaphayom, 2009). In the Philippines, scanty literature still exist connecting governance to performance. Hence, this study is aimed on providing another perspective on the effect of corporate governance practices of selected Philippine publicly listed firms on firm performance for the year 2009. Using the Organization for Economic Cooperation and Development (OECD) Principles of corporate governance as a framework, this study investigated the corporate governance of selected firms and relates it to firm performance operating and market-based. By employing cross-sectional analysis, this study revealed that the overall corporate governance have a significant positive effect on operating performance, while insignificant as to market performance. Moreover, the researchers have also identified the role of stakeholders, as a component of corporate governance, as the primary element that drove the said effect on firm operations.
format text
author Larcia, Leo Angelo M.
Maalihan, Gizelle A.
Rivera, Ma. Thea Angela L.
author_facet Larcia, Leo Angelo M.
Maalihan, Gizelle A.
Rivera, Ma. Thea Angela L.
author_sort Larcia, Leo Angelo M.
title Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009
title_short Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009
title_full Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009
title_fullStr Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009
title_full_unstemmed Estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the Philippines for the year 2009
title_sort estimating the effect of corporate governance practices on firm performance among selected publicly listed companies in the philippines for the year 2009
publisher Animo Repository
publishDate 2010
url https://animorepository.dlsu.edu.ph/etd_bachelors/7153
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