× 𝐸𝑉𝐴𝑅𝑖𝑡) + 𝛽6(𝐸𝑃𝑆𝑖𝑡 × 𝐷𝐸𝑖𝑡) + 𝛽7𝐵𝑉𝐸𝑖𝑡 + 𝜀𝑖𝑡 (1) Where 𝑃𝑅𝐼𝐶𝐸𝑖𝑡 is fiscal quarter-end’s stock price. 𝐸𝑃𝑆𝑖𝑡 is earnings per share. 𝑆𝑇𝑅𝐼𝑁𝐺𝑖𝑡 is an indicator variable that
than in Q1/2017 by Baht 23 million or 11% due to the decrease in variable maintenance cost that is affected by the fewer number of operating hours at Sriracha Power Plant according to the decrease in
Q3/2017 was Baht 125 million which was lower than in Q2/2017 by Baht 65 million or 34% and lower than in Q3/2016 by Baht 101 million or 45% due to the decrease in variable maintenance cost that is
approval of the Cabinet, excluding currencies. “variable” means any exchange rate, interest rate, financial index, securities index or any other variables as specified in the notification of the SEC with the
and Stambaugh (2003): Page 15/40 Literature Review (Cont’) 6. Liu’s measure or turnover adjusted number of zero daily volumes : 7. Index of Liquidity : Page 16/40 Variable and Model Development Tobin Q
proxies. In this spirit, this study considers CSR to be a latent variable measured by environmental (E), social (S), and governance (G) pillars. To overcome limitations of a single-equation regression, this
85.4 million mainly from variable expenses that rose along with revenues, annual salaries adjustment, and non-recurring items i.e. the pre-opening expenses of L&E Vietnam together with all registration
increase of total expenses of the company compared to the same period of last year in the amount of Baht 26.97 million or 26.69%, due to the increase of variable expenses which varies to the increase of
Baht 39.84 million or increase of 35.98% due to the increase of variable expenses which varies to the increase of gross premium written. Kindly be informed accordingly. Yours sincerely Wichai
year increased from last year 47.25 million baht or 19.62% due to the increase of variable expenses which were related to the increase of direct premium written. Kindly be informed accordingly. Yours