Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
Waterhouse Co., Ltd. • Member, Board of Governors, Stock Exchange of Thailand • Academic Member, Accounting Profession Supervision Council, Ministry of Commerce • President, Institute of Certified Accountants
, Price Waterhouse Co., Ltd. Member, Board of Governors, Stock Exchange of Thailand Academic Member, Accounting Profession Supervision Council, Ministry of Commerce 5 In de pe nd en t Au di t In sp ec ti on
securities issuers, financial advisors, auditors, market intermediaries, and stock exchanges. Both market integrity and investor protection could not be achieved without high quality financial information
. ❑ Aggregate political risk affect stock market returns in emerging markets more profoundly than in developed counterparts. (Erb, Harvey, & Viskanta, 1996; Bilson, Brailsford, & Hooper, 2002). ❑ Limited studies
? (Potential factor investing) Academic research have discovered that both ESG impact and intangible capital linked to stock performance. Does the interaction term have an impact on stock performance? Can the
forecasts & stock recommendations by analysts affect investment decisions • Bae et al. (2021): Analysts improve investment efficiency • Jing et al. (2023): The monitoring role of analysts enhances
Board requires more votes than the majority votes. 3. Supervision of the Securities Exchange 5/10 • Enhancing supervision of the SEC on the securities exchange (the Stock Exchange of Thailand: “the SET
(Translation) 14th November, 2017 Ref: SET-2017-020 Re: Management's Discussion and Analysis and operating results for the 3rd Quarter 2017 Dear: The President The Stock Exchange of Thailand Filter
and offer Note: this analysis followed a methodology of Analysis of High-frequency Trading at Tokyo Stock Exchange, The Securities Analysts Association of Japan (Hosaka, 2014) Common stocks. For the