, this study provides a number of interesting findings. First, Thailand shows the best performance in terms of the average score of ESG pillars whereas China exhibits the worst. Second, this study
) show that in the U.S., trade prices tend to cluster around integers, half-dollars and quarters. Literature review • Round numbers have also been linked to cognitive limitations and investors’ tendency to
among investors to cause excessive trading and Kyle and Wang (1997) show why this overconfidence may persist over long periods of time. Linking these two ideas could also explain why so many studies have
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
incentives encourage management to show a small amount of earnings increases and a series of consistently earnings increases. Ke (2004) documents the association between executive’s equity-based compensation
August 2015 http://www.ku.ac.th/web2012/ Why is it interesting? • There is anecdotal evidence that a number of managers likely focus on creating consistent earnings growth. • In addition, scientific
consist of THB 3,022 million as the cost of construction, show equipment, theme park design and decoration, service fee for specialist and interest expense, while the remaining THB 548 million accounts for
monthly excess returns, visualized as bar charts in Figure 1, exhibit an interesting pattern. Average returns of stocks not held by mutual funds are substantially lower than those held by funds, while top
% shareholding of its registered capital held by the Company. The total investment cost of THB 3,570 million consist of THB 3,022 million as the cost of construction, show equipment, theme park design and