UNIVERSITY OF THE PHILIPPINES
VIRATA SCHOOL OF BUSINESS
Maria Regina Lucia Lizares

Associate Professor

PhD (Business Administration), 2018, University of the Philippines
MS Management, 2018, University of the Philippines
MA International Business and Economic Development (with Distinction), 1995, University of Reading, England
MBA (Bilingual Programme), 1991, IESE, University of Navarra, Spain
BSBA (Magna Cum Laude), 1988, University of the Philippines

Email: rmlizares@up.edu.ph
Telephone: +632 928 4571 to 75
Office: room 209, VSB Building, UP Diliman Campus

Recent Publications

Chapter 4 “Who Has the Power in Corporate Governance: Managers, Shareholders, or Board of Directors?", Readings in Corporate Governance, UP Business Research Foundation, Inc.and Development Center for Finance, Inc., 2019, pages 73-102

Chapter 2 “The Multiplicity of Corporate Governance Theories: Agency, Resource Dependence, and Stewardship Theories", Readings in Corporate Governance, UP Business Research Foundation, Inc.and Development Center for Finance, Inc., 2019, pages 27-48

"Corporate Financial Distress: The Case of Publicly-listed Firms in an Emerging Market Economy," 
co-authored with C Bautista. Journal of International Financial Management & Accounting, (forthcoming)

"The Impact of Corporate Diversification on Firm Performance," Philippine Management Review, Vol. 26, 2019.

"Assessment of the Conduct, Structure, and Performance of the Philippine Telecommunications Industry," Philippine Management Review, Vol. 25, 2018.

"Top Management Team Composition and Firm Performance," Philippine Management Review, Vol. 25, 2018.

Co-authored with Rahnema L, Rey M, Suan I, C Bautista, "Graduate Business Program Admission Criteria and Student Graduate Academic Performance," Philippine Management Review, Vol. 24, 2017.

Firm Heterogeneity and Corporate Financial Distress, co-authored with C Bautista. VSB working paper No. 1605. (2016)

Market and Competitive Analysis of the Philippine Telecommunications Industry, co-authored with E Patalinghug. VSB working paper No. 1701. (2017)

Determinants of Labor Force Participation in the Philippines, co-authored with C Bautista. VSB working paper No. 1804. (2018)