] -0.0178 0.0119 -0.0504 (0.0268) (0.0460) (0.0349) Relative return [t] 0.0478 0.0629 0.0582 (0.1022) (0.1673) (0.1270) Observations 1,269 519 750 Style FE YES YES YES Year FE YES YES YES Adjusted R-squared
codes. Due to these observations, the second-cycle inspection was specifically planned to address such issues. Areas where improvements are warranted are highlighted below: Inadequate independence
derived by dividing the total market value of stock at the end of the year by the total earnings of the current year. Observations for which earnings are negative are deleted. The negative earnings post a
Manual for the Public, the SEC Office shall review the facts according to the procedures and methods specified in the Licensing Manual for the Public and notify the issues and observations derived from the
observations where an individual change their behavior when certain stimuli are applied. Behavioral research in Finance rests on this assumption that external stimuli will cause individuals, which are otherwise
; (6) service; and (7) technology. 3. Richardson (2006)’s the investment model to identify the observation’s investing behavior (over- or under-investment). 4. The sample: observations with negative
efficiency and effectiveness of engagement performance. Most observations from the engagement-level inspections in the past inspection cycle were related to audit planning and audit of difficult and complex
days from the date on which the SEC Office has received clarifications from the Company in response to its observations. If the Company intends to apply for a waiver of the rules under this Notification
financial statement of the observations are collected to analyse. 8. Research Outcomes: The descriptive statistics of the sample data is summarized on Table 8.1. The global view of the sample reveals that the
overall observations that the Audit Committee has found during the performance of its duties according to the Charter of the Audit Committee. Other reports which should be acknowledged by the shareholders