introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we
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
operating expenses 731.4 686.4 45.0 6.6 Bad debts, doubtful accounts and impairment loss 100.0 330.0 (230.0) (69.7) Income tax expenses 138.6 154.8 (16.2) (10.5) Profits before bad debts and doubtful accounts
Other operating expenses 715.7 681.4 5.0 682.8 4.8 2,768.1 2,720.6 1.7 Bad debts, doubtful accounts and impairment loss 60.0 70.0 (14.3) 130.0 (53.8) 570.2 617.2 (7.6) Income tax expenses 135.0 155.3
Operating income 2,106.6 1,776.7 18.6 1,769.4 19.1 3,883.3 3,711.7 4.6 Other operating expenses 759.1 731.4 3.8 684.5 10.9 1,490.5 1,370.9 8.7 Bad debts, doubtful accounts and impairment loss 470.0 100.0
recognized doubtful account increased amount of 856.74 million Baht from the same period last year which is estimated from unpaid debtor. Such estimation are based on the Company’s regulations related
) was 3.8 percent. In line with the prudent approach of setting aside adequate provisioning expenses, the Bank’s total allowances for doubtful accounts amounted to Baht 146.8 billion, which will provide a