The Possible Effects of ‘Build, Build, Build’ Program to the Stock Price of D.M. Consunji, Incorporated

Article Details

Erick Michael P. Angeles, nan, nan
Julius Richel S. Manlutac, , nan
Jann Michael B. Medenilla, , nan
John Anthony C. Jose, , nan

Journal: Journal of Computational Innovations and Engineering Applications
Volume 3 Issue 2 (Published: 2019-01-01)

Abstract

As “Build, Build, Build” has been boasted as the prime vision of the current Philippine administration led by president Rodrigo Duterte. This paper wants to explore whether the said program has significantly improved the economic well-being of a construction company. We chose one of the leading construction companies which is Don M. Consunji, Inc (DMCI) who also has a lot of large contracts awarded from the company. We then investigated the effect by utilizing the publicly available stock price of DMCI as an indicator of the economic well-being of the company. Afterwards, in order to learn the quantify the effect of the massive construction program, we have explored different key public events that could affect the field of construction. The study has shown that even though the said program has become well-known to the public, it had no correlation with the current stock price of the company.

Keywords: Build, Build, Build Program, DMCI, Duterte administration, investment, stock price.

DOI: https://www.dlsu.edu.ph/wp-content/uploads/pdf/research/journals/jciea/vol-3-2/2angeles.pdf
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