Research Activities

Research Projects

FY 2014/2015 Research Topic: C-31
An Empirical Study on the Investment/Financing Activities of Philippine Corporations


In this research project, we conduct an empirical analysis focusing on the investment trends, changes in capital structures and preferences for in-house/outside financing measures of the Philippine corporations in the manufacturing sector since 1995. Alongside the analysis, we refine the corporate financial data, which was compiled in FY2013, in view of further extending its applications, such as cross-country analyses and comparisons. Due to the limited availability of time-series financial data, including non-listed firms, research developments in the Philippines' corporate/financial sector have not been active. Therefore, this research project attempts to examine the past 20 years and find new aspects for further analysis in the Philippine corporate/financial sector.


April 2014 - March 2016

Members of the Research Project
[ Organizer ] KASHIWABARA Chie
[ Co-researcher ] SUZUKI Yurika