Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
(Luypaert and Van Caneghem 2014). Theoretically, an audit can be viewed as an economic goods or a professional service process (Knechel et al. 2020). Introduction Economic goods viewpoint Professional
characteristics (Matsumoto, 2002) - Institutional ownership - Reliance on implicit claims with their stockholders - Value-relevance of earnings Natural disasters (such as hurricanes: Byard et al. 2007
al. (2021) Nekhili et al. (2021) +/-/0 Stock price Firm value Loh, Thomas, and Wang (2017) Kuzey and Uyar (2017) Ratanacharoenchai et al. (2017) Rammapor and Visedsu (2020) Machmuddah, Sari, and Utomo
forecasts & stock recommendations by analysts affect investment decisions • Bae et al. (2021): Analysts improve investment efficiency • Jing et al. (2023): The monitoring role of analysts enhances
(60 min) 9:30 - 12:00 p.m. & 1:00 - 4:00 p.m. • Stock Exchange of Thailand (120 min) 10:00 - 12:30 p.m. & 2:30 - 4:30 p.m. • Ho Chi Minh (90 min) 9:15 - 11:30 a.m. & 1:00 - 2:30 p.m. • Singapore* (60
• A related strand of research focuses on price clusters. • Many studies have found that the stock prices tend to cluster around particular numbers (e.g. Harris (1991), Aitken et al. (1996), Brown et al
Effect when households become richer as a result of a rise in asset values, such as corporate stock prices or home values, they spend more and stimulate the broader economy. NBER THE DIGEST: NO. 8, AUGUST
and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio
that CSR initiatives are detrimental to corporate value creation. Tandry et al. (2014) investigates the linkage between CSR and firm value for non-financial 7 companies listed in Indonesia Stock Exchange