A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating earnings benchmarks extensively documents that market rewards firms reporting a string of consecutively earnings increases. To date, it is still unclear what an earnings string really means. This paper empirically provides rational explanations for this phenomenon by investigating whether the increment...
Alpha, Beta, and Now…Gamma David Blanchett, CFA, CFP® Head of Retirement Research Morningstar Investment Management Paul Kaplan, Ph.D., CFA Director of Research Morningstar Canada August 28, 2013 Morningstar Investment Management Page 2 of 27©2013 Morningstar. All rights reserved. This document includes proprietary material of Morningstar. Reproduction, transcription or other use, by any means, in whole or in part, without the prior written consent of Morningstar is prohibited. The Morningstar I...
. วารสารบริหารธุรกิจ ,36(138),10-27. Bae, K. H., Chan, K. and Cheung, Y. L. (199 8 ) The Profitability of Index Futures Arbitrage: Evidence from Bid-ask Quotes, Journal of Futures Markets,18, 743–63. Berg, E
, Vol. 21 No. 2 Apr 2008 pp 785-818 Bonaparte, Y. and Kumar, A. “Political Activism, Information Costs and Stock Market Participation” Journal of Financial Economics (Forthcoming) Calvet, Laurent
systems: the case of sarbanes-oxley internal control reports." MIS Quarterly 36(1): 179-204 • Grant, G. H., et al. (2008). "The effect of IT controls on financial reporting." Managerial Auditing Journal 23
., and M. Scholes, (1973). The Pricing of Options and Corporate Liabilities. Journal of Political Economics, 81, 637-659. Boyle, P., and D. Emanuel, (1980). Discretely adjusted option hedges. Journal of
examining journal vouchers. Examination of journal vouchers Example 1 : Testing of journal vouchers did not link the audit procedures with the risk of material misstatement arising from fraud. This was due to
2017 Life after IPOs • Pour and Lasfer (Journal of Banking and Finance, 2013): Using UK delisted firm samples (1995- 2009), delisting occur about four years after IPO on London’s Alternative Investment
, Group Heterogeneity, and the Production of Collective Action’, American Journal of Sociology, vol. 91 no. 3, 1985, p. 522 – 556.) 8 วันสตรีสากล (International Women’s Day) ตรงกับวันที่ 8 มีนาคม สำนักงาน
333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 BUILDING BRIDGES Securities and Exchange Commission, Thailand Securities and Exchange Commission, Thailand Contact Information This report is available for download on the SEC website: www.sec.or.th For more information, p...