Blanchett, Kowara, and Chen (2012), determines the annual withdrawal amount annually based on the ongoing likelihood of portfolio survivability and mortality experience. 5. Liability-Relative Optimization
on an assessment by the Issuer and the Guarantor, taking into account the expected magnitude of their negative impact and the probability of their occurrence as they relate to the Group as a whole. The
. Hypothesis construction • Assuming the geometric Brownian process with an expected return (ν) and a standard deviation (σ) • We can find that the probability of an uptick and a downtick with different tick
descending order by the probability of occurrence of the risks and significance of their effects; (9) information about administration and management of the mutual fund; (10) warnings about the mutual fund; 1
likely) to be binding. – If good information day -> prompt investors to buy -> resulting in a high probability of an informed buy. – If bad day -> investors do not own the stock, so they cannot sell it
estimated using the Probit Maximum Likelihood Estimation method. This model controls for growth opportunities, capital structure, and business cycle (Fama and French, 1995: Lang et al., 1996; Fama and French
adequate time for their staff to complete audit work as required by the auditing standards. Based on our inspections of audit firms’ human resource structure, the SEC was concerned about both the current and
settlement on October 20th, 2017 at the Land Office where the lands are located. 4. Party concerned and Details of Acquisition of Assets ▪ Buyer : O.C.C. Public Company Limited ▪ Seller : Mr. Jirawat
concerned about both the current and future sufficiency of the firms’ human resources. In particular, some audit firms had no human resource planning that corresponded with their business plan to ensure
audit-career candidates but this issue will require much cooperation from other stakeholders for it to have a chance at succeeding. As professional standards have constantly been amended and revised in an