fundamentals, earnings persistence, and future earnings (e.g. Lev and Thiagarajan, 1993). More specifically, when investors observe a pattern of increasing earnings, they can infer that a firm has stronger
earnings and firm value (e.g. Lev and Thiagarajan, 1993; Abarbanell and Bushee, 1997; Tomy, 2012; Yao, 2014). • If fundamental information is manifested in earnings persistence or reflects earnings growth
, we use the Carhart (1997) 4-factor adaptation of the Fama and French (1993) 3-factor model that includes the momentum (returns persistence) factor.4 For each stock in the sample, we estimate its beta
Top Quintile from 2012 through 2014. Only four funds stay in Top Half from 2010 through 2014. Performance Persistence Over Three Consecutive 12-Month Periods Mutual Fund Category Fund Count at Start
from Hua Lamphong Station with the distance of 5 kilometers including 4 stations along Rama IV Road to Charoen Krung Road, passing Wat Mangkon Kamalawat and Wang Burapa. The route then enters Sanam Chai
IV Road to Charoen Krung Road, passing Wat Mangkon Kamalawat and Wang Burapa. The route then enters to Sanam Chai Road, crosses under the Chao Phraya River at Pak Khlong Talat, and runs along Issarapab
within September 2019. With a total distance of 14 kilometers, the route starts from Hua Lamphong Station with the underground distance of 5 kilometers including 4 stations along Rama IV Road to Charoen
consider and approve the appointment and determination of the fee for the Auditor. The Board of Directors deems it appropriate to propose that the shareholders meeting appoint Mr. Charoen Phosamritlert
project development. Roi Chak Sam project is aimed to be a luxurious 5-star hotel project in a rare, historic, colonial-era heritage building located along the Chao Praya Riverside on Charoen Krung road
achieved continual growth despite the emergence and persistence of multiple risk factors such as higher oil prices, global economic slowdown especially in trade alliance countries, exchange rate volatility