Electricity Authority 326 employees 8. Ministry of Commerce 307 employees Analysis Using Cluster Analysis for clustering Thai investor based on their behavior or Proportions of their money allocated to each

Cluster 1 Cluster 2 Cluster 3 Cluster 4 Provident fundsMutual fundsInsurance 3.9 9.4 11.6 24.0 Insurance Provident funds Insurance Primary vehicle Mutual funds Retirement saving adequacy 11% 18% 28% % of

association between Thai investor cluster membership and their financial literacy. Thai investor clusters differ considerably in their financial literacy such that modern investors tend to possess financial

• 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

Habitat Pinklao- Sirindhorn Project Name Thana Cluster Project Type Semi-detached house, 3 Floors-Townhome Price 5-10 MB Number of Projects 5 Projects Project Value (Approximately) 412 MB Units per Project

which are in the process of selling which are (1) K.C. Cluster Nimitmai Project (having outstanding 200 units ) and (2) K.C. Cluster Ramintra 7 phase 1 (having outstanding 35 units). As a result, the

of fixed effects may influence the results. I therefore add industry fixed effects. 16 Third, unlike Barth et al. (1999), I cluster standard errors by firm and year in order to mitigate the effects of

help companies focus on the long term. Financial sustainability is something all investors and companies should be focused on, but in today’s demanding market environment and short-term culture, it’s

-The increased capex will help in reducing carbon emissions which reduces any possibility of significant impairments Hurdles to securing financing-Being in a GHG intensive sector, the company may face

long run, but their definition of flow is based on abnormal changes in funds’ stock holdings. 16 For an example, Cao et al. (2018) document that institutional investors can help arbitrage away mispriced