Golf club shares in the Philippines: the economics of a club good with different sports facilities

dc.contributor.advisorDiokno, Benjamin E.
dc.contributor.authorEstaquio, Amado III D.
dc.contributor.authorReynes, Antonio Bonifacio C.
dc.date.accessioned2024-11-14T04:01:32Z
dc.date.available2024-11-14T04:01:32Z
dc.date.issued2011-10
dc.description.abstractRecent years in the Philippines, Golf and Country Clubs have emerged and concentrated at nearby provinces of NCR, putting share prices to a more competitive And And although developments of a golf club can intuitively increase its share value, effect of recent recession in the market of golf course shares has been stronger; putting most of the share Given lower than initial. Given the present set-up status, what factors can exactly affect shares of golf clubs without Considered exactly at previous trend? Considered as a club good with different facilities and amenities but with a primary good of a golf course, a share of a golf club varies widely from other Since ranging from hundred thousand to millions. Since the target market of golf industry is mostly middle to upper class strata, they are assumed to maximize their utility given their budget and choose the course they Shares depending on their preferences satisfied by the club. Shares of each private golf club are studied with cross-sectional data of club operations Only characteristics, as well as the availability of other sports facilities. Only to find out, a golf club can increase its value if it has been an exclusive club with relatively fewer shares available, as well as providing high class quality and more sports facilities that satisfy golfers.
dc.identifier.urihttps://selib.upd.edu.ph/etdir/handle/123456789/1241
dc.language.isoen
dc.subjectGolf club
dc.subjectPhilippines
dc.subjectEconomic of club
dc.titleGolf club shares in the Philippines: the economics of a club good with different sports facilities
dc.typeThesis

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