presents the results of the univariate analysis. Table 1: Fund lifetime return (measured in monthly percentage point) Morningstar Category Relative return 4-factor alpha Number of funds… …with neg. rel
to firm value ultimately. 9 Dechow et al. (2010) point out that earnings persistence, a proxy for earnings quality, depends on firm fundamentals and accounting system. 11 Lev and Thiagarajan (1993
INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...
interrupt international travel plans of directors to the point that listed companies are unable to hold the board of directors’ meeting to seek approval of the companies’ financial statements.” In
42.25 151.37 34.20 Gross margin increased by 805 basis point from 34. 20% to 42. 25% Gross margin in HR solution improved significantly by 931 basis point from 35.64% to 44.95% attributing to higher
224.69 34.74 Gross margin increased by 728 basis point from 34.74% to 42.02%. Gross margin in HR Solution improved by 709 basis point from 37.15% to 44.24% attributing to higher productivity and
SEC Secretary-General Ruenvadee Suwanmongkol said that the ongoing spread of COVID-19 is affecting some securities companies and derivatives business operators to the point that it is necessary to
higher than that of many high income countries as well as many countries in Asia, with the notable exceptions of Malaysia and Singapore. The SET index fell below the 400-point mark during the crash of 2008
. The improvement in gross margin in HR solution of 752 basis point from 37.91% to 45.43% is partially offset by a small 127 basis point reduction in gross margin in financial services from 27.79% to