performance drives earnings persistence. His findings are consistent with firms with more persistent earnings are fundamentally stronger. Yao (2014) also documents that certain fundamentals – namely the
sector from the economic downturn observed. In addition private consumption is in a declining trend due to freeze in business activities and social distancing. For the first quarter of 2020, the net profit
cost of sales being the most frequently recurring themes. Many different factors may have led to such persistent deficiencies of some audit firms and auditors. This includes insufficient involvement of
our restaurant returned to serve dine-in, there was a sign of sales recovery observed thanks to varieties of promotional campaigns that satisfied customers’ need. At the same time, The Company placed
States. Weber et al. (2008) observed the event in the period surrounding the case of ComROAD/KPMG in Germany. They reported that some of KPMG’s clients left for other audit firms in the year when ComROAD’s
period ended 30 June 2018. For the 2nd Quarter of the year 2018, the Company has observed from construction project. For preventing damage, the Company has estimated to reserve cost in the amount of Baht
new factory that incurred as a result of lower-than-normal production capacity. Compared with the administrative expenses in 1Q20, a decrease of Baht 1.36 million or 4.48% is observed, and this is
continued to expand, it has still been affected by high levels of household debt as well as persistent low prices for agricultural products. The performance of the company in this quarter is still in line
sample are observed their characteristics through turnover ratio (TUR). Page 21/40 Research Framework and Methodology The research methodology mainly deals with structural models as two equation models are
business expansion. Compared with administrative expenses in 1Q17, an increase of Baht 3.60 million or 10.50% is observed, and this is mainly due to an increase in travel expenses, stock destruction fee, and