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

performance indicator which is applied by other operators in the same business and various investors. Cash collection is calculated based on key items and recognizable cash items only, and so does not include

evaluates that there is a remain uncertainty about the future utilization of the related benefit, because they relate to a large amount of historical data and documents. Therefore, for reasons of

for accounting and tax for purposes until December 11,2019 ( the last day that the Company was not subject to corporate income tax) The Company evaluates that there is a remain uncertainty about the

introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we

the deferred tax benefits as much as possible within 2020. However, the Company evaluates that there is the remaining uncertainty about the future utilization of the related benefit because they relate

clearer view of impact. All-in-one tool A comprehensive tool that covers the whole impact management process, from impact planning, indicator selection, data collection to monitoring and evaluation. Phase 1

....................................................................................................................... 31 THAILAND CORPORATE ESG DISCLOSURE Foreword from World Bank Thailand is facing challenges of our times from rapidly changing situations and uncertainty caused by external factors, particularly the

2020: • Selection of Key Performance Indicator (KPI) • Calibration of Sustainability Performance Targets (“SPTs”) • Bond Characteristics • Reporting • Verification SLBs are those where the financial and

increased .In addition the Social security revenue of subsidiaries decreased because of the uncertainty of the payment system of Social security office. 2. Cost of hospital operations & Administrative