fee premiums (Carson & Fargher, 2007). Discussion and Implication Standardised audit fees and joint audits might be interesting mechanisms to mitigate market concentration; however, further evidence is

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

Street Furniture media under 22 BTS stations allowing MACO to offer higher visual impact advertising and more creative content for brands. Street Furniture media has already started commercialisation in

?Pride in Thai Innovative and Creative Businesses? Project has been launched to support expansion of those businesses. Furthermore, crowdfunding regulations have recently be enacted in support of new

. Such leadership in embracing the SDGs and recognizing our collective responsibility is instrumental in realizing the SDGs by 2030. Copyright and Creative Commons Attribution © United Nations Development

well, the Company also intends to expand our business to CLMV countries (Cambodia, Lao PDR, Myanmar, Vietnam), which obtain an interesting direction of business growth. In the first quarter of , the

(Cambodia, Lao PDR, Myanmar, and Vietnam); which are the countries having interesting growth direction of business. The Company also organized the marketing activities to educate the water quality, which is

Company, therefore, the interesting bearing debt to equity ratio and the debt to equity ratio of shareholders do not exceed 1:1 which is in compliance with the Company’s policy. The financial costs are also

% 0.0826% 0.0843% 0.0860% 1.75% 0.0973% 0.0988% 0.1003% 0.1018% 0.1033% 0.1049% 0.1064% 2.00% 0.1144% 0.1157% 0.1171% 0.1185% 0.1198% 0.1212% 0.1226% Hypothesis construction • It is interesting to

digital billboard and revenue from creative production. THB (mn) 1Q 2017 1Q 2018 YoY (%) Operating revenue 190 290 53.1% Cost of sales 89 109 22.9% Gross profit 101 181 79.7% Selling, general