A Five Year Financial Plan for Philippine Amusement and Gaming Corporation / De la Merced, Elizabeth E.; Delena, Maria Emma Danica, Fernandez, Fatima Anne D.; Lanuza, Francis Rovi P.; Lumalang, Jan Carlo O. and Marabi, Mark Joseph C. 6
By: Dela Merced, Elizabeth E. et. al. 4 0 16 [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; February 2013.46Edition: Description: 28 cm. 160 ppContent type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:| Item type | Current location | Home library | Collection | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|---|---|
| Book | PLM | PLM Archives | Filipiniana-Thesis | HG4001.D45.2013 (Browse shelf) | Available | FT5391 |
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Financial Plan (BSBA major in Finance and Treasury Management) - Pamantasan ng Lungsod ng Maynila, 2013. 56
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EXECUTIVE SUMMARY: Philippine Amusement and Gaming Corporation is a 100 percent government owned and controlled corporation domiciled in the Republic of the Philippines. It was created with a three-pronged mandate: to regulate all games of chance, particularly casino gaming in the country, to raise funds for the governments socio-civic and national development efforts, and to help boost the country's tourism industry. Through PAGCOR is an established firm of the government, it is not exempted from suffering financial problems. As the analysts studied its financial statements, they concluded that PAGCOR is manifesting Solvency problems. In line with this, the analysts developed alternative course of action to possibly solve the company's problem. First is by causing stocks to public and through equity financing. Second, by making PAGCOR a sole regulatory firm of the government to be also known as PAGCOM or Philippine Amusement and Gaming Commission. On the other hand, the casinos under the current PAGCOR will be privatized. Backward Integration is also considered. This study recommended the Privatization of the casinos and making PAGCOR as a sole regulatory institution. It showed the forecasted income and effect of the taken alternative course of action. Also, the government is also involved in this long process. And hopefully, this will be implemented in the soonest time for it to be an added contributor of income to the government.
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