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Women On Boards Of Philippine Publicly Traded Firms: Does Gender Diversity Affect Corporate Risk-Taking Behavior?, Michelle Kris A. Ong Yiu, Louie Angelo Ricafrente, Angelo A. Unite, Ailyn A. Shi, Michael J. Sullivan
Women On Boards Of Philippine Publicly Traded Firms: Does Gender Diversity Affect Corporate Risk-Taking Behavior?, Michelle Kris A. Ong Yiu, Louie Angelo Ricafrente, Angelo A. Unite, Ailyn A. Shi, Michael J. Sullivan
Angelo King Institute for Economic and Business Studies (AKI)
The idea that more women belong on corporate boards is attracting increased attention around the world. Some scholars argue that gender diversity on boards improves firm performance and induces more prudent corporate decision-making. This rationale is based on the hypothesis that women are less overconfident and are innately more risk-averse than men. Alternatively, other researchers argue that firms having more female directors are associated with greater corporate risk-taking as the profile of women making it to the board level has proven to be open to greater challenges and risks. Still another strand of literature argues that risk-aversion does not vary …
Monitoring The Philippine Economy Year-End Report For 2016, Mitzie Irene P. Conchada, Regina S. Villasor
Monitoring The Philippine Economy Year-End Report For 2016, Mitzie Irene P. Conchada, Regina S. Villasor
Angelo King Institute for Economic and Business Studies (AKI)
Philippine economic growth topped regional performance for 2016. In line with election-year market expectations, annual growth accelerated to 6.9 percent from 6.0 percent in 2015, surpassing China (6.7%) and Vietnam (6.2%). Despite the global economic slowdown, Philippine growth has continuously improved since 2015, showing resilience to external shocks with manufacturing expansion. On the demand side, household consumption and investments flourished with modest inflation and strong imports. On the supply side, the industry sector led as the service sector slowed down. Meanwhile, the agriculture sector continues to contract with the onslaught of weather disruptions like typhoons Karen and Lawin.