, we use the Carhart (1997) 4-factor adaptation of the Fama and French (1993) 3-factor model that includes the momentum (returns persistence) factor.4 For each stock in the sample, we estimate its beta
Top Quintile from 2012 through 2014. Only four funds stay in Top Half from 2010 through 2014. Performance Persistence Over Three Consecutive 12-Month Periods Mutual Fund Category Fund Count at Start
– 16.15 น. นำเสนอผลงานวิจัย หัวข้อที่ 3 " Relationship among Sustainability Disclosure, Earnings Persistence and Economic Value Added of Initial Public Offering Firms: An Empirical Evidence of Thai
Kasikornbank Public Company Limited concerning (1) the cancellation of Negative Pledge agreement that the Company made with Kasikornbank Public Company Limited dated 27 January 2014 which related to the
for that economic activity. 5. Action not pledges A credible transition is backed by operating metrics rather than a commitment/pledge to follow a transition pathway at some point in the future. In
. Securities Registrar Provides service in preparing and maintaining the register book of securities holders, transfer of securities ownership, pledge and seize, as well as the closing of the book in order to
. Securities Registrar Provides service in preparing and maintaining the register book of securities holders, transfer of securities ownership, pledge and seize, as well as the closing of the book in order to
mutual funds are able to successfully time the market and that their performance is negatively related to their expenses. • Carhart (1997) documents that persistence in superior fund performance is very
Promisors will not sell, transfer, pledge or impose any collateral conditions which causes the held Trust’s units less than the proportion as set forth without prior written consent from the Trust. (b) PD and
from the individuals to BCPG and approve RPV and/or BCPG to pledge the shares in JKR as security to financial institutions; (3) the Board of Directors of PS shall approve the transfer of shares in PS