% of funds in our sample are classified as actively- managed funds, the majority of the funds effectively act as de facto indexers. Third, the majority of capital is allocated to stocks with large market

principles. ⊷ The sample of this study includes not only large multinational firms but also small and medium firms that bring to the forefront a greater variety of firms being investigated. ⊷ The average ESG

% Fixed Income Money Market Thailand Equity Property Fund Foreign EQ Allocation Commodities ETF Miscellaneous 2 Thai Mutual Fund Industry 68% 12% 20% 74% 21% 5% Equity Large-Cap Equity Small/Mid https

proxies. In this spirit, this study considers CSR to be a latent variable measured by environmental (E), social (S), and governance (G) pillars. To overcome limitations of a single-equation regression, this

, supporting the government’s measures to help the country overcome this pandemic crisis. It also makes people change their behavior and raise awareness on healthcare to build immunity to become healthier. The

, the Company has requested the support to ease cash utilization from financial institution and its business partners. The Company believes that all properties will be able to overcome the challenge in

CRITERIA LFGITIMATE Trustworthy Accountable ACCESSIBLE Known Variety of access points Assistance to overcome barriers PREDICTABLE Clear procedures Clear timeframes EQUITABLE Fair access to information

(Internal) Advantages Schwartz & Clements (1999) • Overcome market imperfections. • Capitalize on economies of scale. Deng et al. (2021) • Allowing lower-growth firms to: • Easily undertake unaffordable

impact and one-time loss items, normalized total revenue and share of profit from investments in associates decreased by 1.7%, mainly from lower land transfer. Notwithstanding, the Company had a large

and factories in the second quarter of 2017 was THB 277.8 mm, which decreased by THB 138.9 mm or 33.3% from the same period of previous year. The main reason was due to the large number of assets