continues driving our revenue growth amidst the uncertainty in all business segments but faced challenges in the bottom line due to an impact from the increased cost. AIS takes efforts in executing cost
nature of the mutual fund’s utilization of its assets may cause uncertainty to the amount of its earnings, a warning that unitholders’ benefits or returns may be significantly affected, etc.; (3) a warning
(Internal) 4 I. INTRODUCTION (CONT.) Real economy: • Market failure: • E.g. financial constraints, uncertainty, dynamic externality. • Then, in capital investment (CAPEX), e.g. R&D expenditures (Choi & Lee
uncertainty, the alternative combinations are the possible outcomes of a random process. If each possible outcome is itself a single variable such as a level of wealth or income, and if the agent assigns a
with high uncertainty. Therefore, the audit quality will vary in relation to this AQI. (3) Staff per partner ratio is between 4 to 33 (the mean is approximately 14), and staff per manager ratio is
access, abnormal and/or illegal use of information systems and user identification of internet trade clients. It should also be required to monitor and analyze such recorded evidence. 31 Provisions in the
conflict of interest in the organization, use of information and information systems in compliance with assigned roles and responsibilities, unauthorized access, abnormal and/or illegal use of information
pricing model: there is no evidence that mutual fund managers of any horizon can systematically deliver abnormal returns on a risk-adjusted basis.13 14 Similar to the stock-level analysis, the asset pricing
the deferred tax benefits as much as possible within 2020. However, the Company evaluates that there is the remaining uncertainty about the future utilization of the related benefit because they relate
foreign country, there shall be consideration on change or uncertainty regarding economic, political, social and legal issues of the foreign country as well as the complexity in business continuity