problem – an exclusion of fixed effects – clustering standard errors 6/29/2015 18 Empirical Results – Q1 6/29/2015 19 Empirical Results – Q1 6/29/2015 20 Empirical Results – Q1 6/29/2015 21 Empirical Test
relation to their internal governance and with regard to their external role as investors in companies and other assets. Both help to ensure that institutions deliver fully and effectively their obligations
shareholders attending the meeting and entitled to vote to the exclusion of the votes of interested shareholders and to appoint an independent financial adviser to give an opinion on the entering into the
into the connected transaction by a resolution of not less than three-fourths of the total number of votes of shareholders attending the meeting and entitled to vote to the exclusion of the votes of
exclusion of the international football sponsorships under CBD for domestic business were THB 1,390 million, increased by THB 31 million or 2.3% mainly varied in according to promotional activities in the
baht, respectively, largely caused by the exclusion of the allowance for doubtful receivable of the disposed subsidiaries. At end of 2017, net trade receivables and other receivables represented 23% of
resolution of not less than three-fourths of the total number of votes of shareholders attending the meeting and entitled to vote to the exclusion of the votes of interested shareholders and to appoint an
expectations. On the cost side a major external factor was the change in Thai legislative environment, which made it necessary to build major additional retirement provision in Q2. On top of the external factors
working capital in their operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their
business of the Company. 4. Consider, select and nominate the Company’s external auditor and recommend its remuneration. The Committee shall meet privately with the external auditor once a year, without the