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...
Transaction, i.e. a transaction whose size is not less than 50 percent but is lower than 100 percent, calculating based on the total value of consideration criterion, which gives the highest transaction value
58.92%, which is deemed as Class 1 Transaction, i.e. a transaction whose size is not less than 50 percent but is lower than 100 percent, calculating based on the total value of consideration criterion
100 percent, calculating based on the total value of consideration criterion, which gives the highest transaction value, pursuant to the Acquisition and Disposition of Assets Notifications. Therefore
criterion. The combination of such transaction size and other transactions on the acquisition of assets occurring during 6-month period prior to the date on which the Board of Directors resolved to approve
criterion. The combination of such transaction size and other transactions on the acquisition of assets occurring during 6-month period prior to the date on which the Board of Directors resolved to approve
company, both financial and non-financial, is disclosed correctly, completely and transparently on a timely basis through easy-to-access channels that are fair and trustworthy. 5. The Responsibilities of
company, both financial and non-financial, is disclosed correctly, completely and transparently on a timely basis through easy-to-access channels that are fair and trustworthy. 5. The Responsibilities of
CRITERIA LFGITIMATE Trustworthy Accountable ACCESSIBLE Known Variety of access points Assistance to overcome barriers PREDICTABLE Clear procedures Clear timeframes EQUITABLE Fair access to information
company, both financial and non-financial, is disclosed correctly, completely and transparently on a timely basis through easy-to-access channels that are fair and trustworthy. 5. The Responsibilities of