Detecting Corporate’s Earnings Manipulation in Thailand Corporate Governance Attributes and Audit Report Timeliness: Mediating Role of Corporate Disclosure and Transparency and Moderating Role of

European fixed income – trends and analysis SEC Classification : ใชภ้ายใน (Internal) - R E S P O N S I B L E I N V E S T M E N T - ESG Incorporation & Investment Strategies in Fixed Income Carmen

top five issuers shall be disclosed, instead of sector allocation with the proportion to NAV in the tabular format. 14.6 Weight according to credit rating: Fixed income funds shall display the weight of

sector allocation with the proportion to NAV in the tabular format. 14.6 Weight according to credit rating: Fixed income funds shall display the weight of investment based on credit ratings by categorized

format. 14.6 Weight according to credit rating: Fixed income funds shall display the weight of investment based on credit ratings by categorized them into domestic debt instruments and foreign debt

proportion to NAV in the tabular format. 15.6 Weight according to credit rating: Fixed income funds shall display the weight of investment based on credit ratings by categorized them into domestic debt

; Aerts & Zhang, 2014) 5 Patterns of Earnings Management • Income minimization/ Taking a big bath - during periods of high profitability - during the crisis (Kousenidis et al. , 2013) - to avoid political

% Corporate income tax -1 -2 1 -21% 0 0 0 -0% Earnings (Loss) for the Period -88 3 -91 3,259% -63 -6 -57 904% Non controlling interest -1 0 -1 782% 0 0 0 0% Net Earnings (Loss) -87 3 -90 3,327% -63 -6 -57 904

income tax -8 -10 2 -20% -7 -8 1 -13% Earnings (Loss) for the Period -50 39 -89 -228% -29 37 -66 -178% Non controlling interest - 1 -1 -100% - - - - Net Earnings (Loss) -50 38 -88 -232% -29 37 -66 -178

21% Corporate income tax 8 - 10 - 18 -180% 10 - 2 12 -600% Earnings (Loss) for the Period - 183 - 14 - 169 1207% - 115 - 9 - 106 1178% Non controlling interest 3 3 - 0% - - - 0% Net Earnings (Loss