of voluntary information disclosure via social media, firms would be facing incentives to only release positive news…but do they? • Trueman (1997) proposes a model showing that rational managers also
. • In other words, firms prefer reporting small profits to reporting losses, showing increasing earnings over previous periods’ earnings, and announcing positive earnings surprises relative to analysts
: “CDP is delighted to partner with the Securities and Exchange Commission on this important programme, putting our 20 years of data, insights and expertise at their disposal. This partnership will be
corporate governance practices in line with international standards. We are truly delighted that Thai listed companies continue to progress in their practice, making Thailand the country with the most
organized as a commemoration of the International Women’s Day and to further highlight the importance of gender equality and women’s leadership roles. In relation to this, we are delighted to announce the
of the World Federation of Exchanges (WFE), SET is delighted to participate in the 10th Ring the Bell for Gender Equality initiative in collaboration with partners in Thailand. SET actively promotes
., 2009). Their evidence indicates that there are valuation premiums for firms surpassing three benchmarks. Several studies suggest that incremental positive effects on prices or returns, also known as
particularly the tourism sector, Q1 outlook is optimistic for Golden Lime as the new dolime product gains traction and with the positive impact from the sugar season. The delayed 3.2 trillion baht budget is
provide a margin of safety with a potential positive returns. Hypothesis construction • Result expectations: Types of investors Total volume imbalances Marketable volume imbalances Retail investors