in Q3/2017 was at 0.814 million metric tons, increasing 18.36% consisting of thin gauge at 0.786 million metric tons, increasing 21.94% and Thick gauge at 28.2 thousand metric tons, decreasing 34.95
was at 1.97 million metric tons, decreasing 25.80% consisting of thin gauge at 1.88 million metric tons, decreasing 25.50% and Thick gauge at 98.5 thousand metric tons, decreasing 31.18% compared to the
for construction was at 0.226 MT. Overview of Hot Rolled Steel in Thailand The Hot Rolled Steel production for 2019 was at 2.63 MT, decreasing 22.11% consisting of thin gauge at 2.50 MT, decreasing
in Q3/2017 was at 0.814 million metric tons, increasing 18.36% consisting of thin gauge at 0.786 million metric tons, increasing 21.94% and Thick gauge at 28.2 thousand metric tons, decreasing 34.95
when marginal benefit of the capital investment equals its marginal cost. Myers & Majluf (1984); Fazzari et al. (1988) AGENCY FRAMEWORK Market frictions, e.g. informational asymmetry, cause moral hazard
summarize: I hypothesize that investors estimate the variability of future earnings and use it as a risk measure. I further hypothesize that the variability of future earnings is lower for firms reporting
Rolled Steel in Thailand The Hot Rolled Steel production in Jan – Jun 2020 was at 1.29 million metric tons, decreasing 10.26% consisting of Hot Roll Coil and Sheet (thin gauge) at 1.24 million metric tons
– Jun 2020 was at 1.29 million metric tons, decreasing by 10.26% consisting of Hot Roll Coil and Sheet (thin gauge) at 1.24 million metric tons, decreasing by 9.77% and Thick gauge (Plate) at 56.3
Agreement, totaling THB 400,000,000 (at the par value of 0.69 per share). 2. The mortgage of Heavy Gauge Shearing Line machinery, having appraised value, as of 31 December 2013, at THB 544,370,000. 5
), • Domestic mutual funds (M) • Foreign investors (F) • The sample period of our study is between 2002 and 2008. Measurement • There are three measures which we will use to gauge imbalance: 1. Order volume 2