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...

second-cycle audit inspection with a more robust inspection plan, in response to current audit environment and the deficiencies found during the first cycle. The results, thus far, have shown significant

for Thai business operators to grow regionally; 3. Market Competitiveness: To strengthen Thai market competitiveness by building robust infrastructure compatible to digital business models; 4. Risk

:  - have robust checks and balances mechanisms in place in every critical business system;   - have effective business continuity management and plans;   - have a customer onboarding and Know Your Customer

One of the SEC objectives is to support investors to develop a robust financial health, using the capital market to accumulate wealth in response to their needs. As such, to expand investment choices

experiences and from the strengthened cross-border relations. On a smaller scale, the SEC is one of the founding members of ASEAN Audit Regulators Group (“AARG”), whose objective is to be a platform for ASEAN

effective date of the regulations;   (3) Business operations standards : Requiring DA operators to:  - have robust checks and balances mechanisms in place in every critical business system;   - have effective

force on 16 December 2023. One of the SEC objectives is to support investors to develop a robust financial health, using the capital market to accumulate wealth in response to their needs. As such, to

. Market Competitiveness: To strengthen Thai market competitiveness by building robust infrastructure compatible to digital business models; 4. Risk Foresight and Effective Supervision: To be fully

the Thai market. The plan gives special emphases on enhancement of market competitiveness, establishment of robust market infrastructure and development of risk management system. The SEC Board has laid