all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase

weak to nonexistent. • Barras, Scaillet, and Wermers (2010) document that 75% of funds exhibit zero alpha (net of expenses). Also, there were significant proportion of positive alpha funds prior to 1996

argument suggests that higher board gender diversity weakens corporate culture. Based on a large sample spanning almost 20 years (2001-2018), our results demonstrate that companies exhibit significantly

firm value. 8 If fundamental information is manifested in earnings persistence or reflects earnings growth, it seems logical that a firm with stronger fundamentals would exhibit either higher persistence

of Baht 16 million and 3) a provision of obsolete inventory in the amount of Baht 17 million. The adjustments on NNP in 9M’2019 were primarily attributable to: • An unrealized gain on exchange rate of

Protection Law in the amount of Baht 51 million, 3) a remuneration program’s expense in the amount of Baht 61 million, 4) a provision of obsolete inventory in the amount of Baht 69 million and 5) a deferred

expense in the amount of Baht 15 million, a deferred financing fee write-off from solar projects refinancing in the amount of Baht 9 million and a provision of obsolete inventory in the amount of Baht 17

there was no bad debt in the past year 2017. (3.2) Inventory and Deterioration or Obsolete The Corporate Group’s inventory as at December 31, 2018 accounts for 24.28 percent of the total assets, of which

financing facilities resulting in a write-off of deferred financing fee and a payment of prepayment fee in the amount of Baht 230 million and a provision of obsolete inventory in the amount of Baht 27 million

in the past year 2016. (3.2) Inventory and Deterioration or Obsolete The Corporate Group’s inventory as at December 31, 2017 accounts for 19.09 percent of the total assets, of which 29.65 percent are