rewards to longer patterns of increasing earnings are associated with better future growth opportunities. Instead, market rewards may be related to past strong fundamentals. • I therefore examine if longer
expenditure (CAPEX) as the dependent variable to examine how GPR affects financial activities of the relevant emerging markets firms. Underlying mechanism: Firm’s financial activities 12 13 ❑ Firms increase
-time or part-time auditors and individuals in the service delivery center) 3 Does the firm always acquire satisfactory references when engaging senior and high-level audit staff? 4 Does the firm examine
conventional media sectors. The TV sector with the highest market share at 64.8%, fell 7.4% YoY to THB 65,786mn and Traditional media (Newspaper, Magazines and Radio) with a 13.9% market share, declined by 21.7
48,232mn and Traditional media (Newspaper, Magazines and Radio) with a 14.0% market share, declined by 22.1% YoY to THB 10,512mn. Out-of-Home media (“OOH”) and online media segments which VGI focuses on
branded product by 3rd party manufacture remains stable as last year. For sales by channel, traditional trade reduced by THB 73 million or 7% while modern trade and cash van increased by THB 63 million or
distribution while branded product by 3rd party manufacture remains stable as last year. For sales by channel, traditional trade reduced by THB 73 million or 7% while modern trade and cash van increased by THB
distribution while branded product by 3rd party manufacture remains stable as last year. For sales by channel, traditional trade reduced by THB 73 million or 7% while modern trade and cash van increased by THB
to increase selling price in Traditional trade and Cash van channel starting from July 2018. The increase in price reflect the increase excise tax and management’s policy to get competitive rate of
require some adaptations of traditional regime to accommodate digital process. Until then, offerings of any other types of securities such as equity shares or debentures will need to comply with the