introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we
newspapers. Baker, Bloom, and Davis (2016), for example, develop an index for economic policy uncertainty (EPU) by analyzing uncertainty-related words in newspapers using textual techniques. Their text-based
December 2011. Copulas, which provide a tractable way of modelling non-linear dependency among random variables, are employed under a financial time series framework. The model consists of two parts: the
increased .In addition the Social security revenue of subsidiaries decreased because of the uncertainty of the payment system of Social security office. 2. Cost of hospital operations & Administrative
Quantitative methods in accounting research A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals Sarayut Rueangsuwan Kasetsart University SEC Working Papers Forum 19th
management override of control. Research design : Tones of KAMs 363 different words in KAMs sections are categorized into five-word categorizations: uncertainty, litigious, negative, positive, and neutral
and financial statements audited by an auditor who is employed by an audit firm that has been inspected by the SEC*; 2. Submit half-year and annual financial statements that have been
. Outsourcing does not have a huge amount of service providers, resulting to a situation where outsourcee cannot be employed immediately, and this might lead to an effect regarding the capital market. Business
borderless marketplace of the ASEAN Economic Community (AEC). Given the increased degree of uncertainty in global economies, especially pressure from a looming trade war among core economies and their
funds and 10 passive funds. For some passive investments, JPX-Nikkei 400 were employed for benchmarking. In addition to the “Traditional active management” category, a new category “Strategic Beta