earnings are modified for risk and no further adjustment to the discount rate should be used beyond risk-adjusted expected earnings. Their model specifies that risk residing in economic fundamentals, i.e

historical string of earnings increases is defined as a firm that reports at least twenty consecutive quarters of increases in seasonally adjusted earnings per share (EPS). An EPS increase is defined compared

Next, we evaluate the fund returns with respect to the Carhart (1997) 4-factor asset pricing model to get the risk-adjusted return, alpha. Specifically, for each fund 𝑖, we estimate 𝛼𝑖 using the

transaction price of THB 924.90 million is within the appropriate price range as evaluated using the Adjusted Book Value Approach, which is equivalent to THB 912.57 – 937.23 million (Details of the IFA’s

. Advertisers have adjusted their budget allocation from conventional media such as TV, Newspaper, Magazine and Radio to other potential sectors to optimise communicability. Hence, advertising expenditures for

SET within the specified period. The Criminal Court sentenced the accused to pay a total fine of Baht 357,000 and a further fine of Baht 1,000 each day starting from the next day of prosecution date

further fine of Baht 500 for each day starting from the next day of prosecution date until the company so complies for failing to file the reviewed financial statements for Q1-Q3/2015. Since the defendant

period. The Criminal Court ordered the defendant to pay a fine of Baht 80,000 and a further fine of Baht 1,000 for each day starting from the next day of prosecution date until the company so complies for

day starting from the next day of prosecution date until the company so complies for failing to file the reviewed financial statements for Q1-Q3/2015. Since the defendant pleaded guilty, the Court

sentenced the accused to pay a total fine of Baht 589,500 and a further fine of Baht 500 each day starting from the next day of prosecution date until the company so complies. Since the accused pled guilty