Estimating the excess value of listed Philippine holding companies using panel data econometric techniques
Holding companies in the Philippines comprise a significant portion of the local stock exchange’s total market capitalization. One puzzle that has hounded holding companies is the diversification discount (i.e. negative excess value) and the imputation of such discount in valuation. Based on multipl...
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| Format: | text |
| Language: | English |
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Animo Repository
2021
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| Online Access: | https://animorepository.dlsu.edu.ph/etdm_finman/1 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1002&context=etdm_finman |
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| Institution: | De La Salle University |
| Language: | English |