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
evidence shows that there exists a discontinuity in reported earnings distribution around three earnings benchmarks, i.e. zero earnings, previous period’s earnings, and analyst consensus earnings forecasts
reported earnings distribution around three earnings benchmarks: zero earnings, previous period’s earnings, and analyst consensus earnings forecasts. This phenomenon can also be interpreted as prima facie
Scheduled Adoption of IFRS (pure IFRS) ・Market capitalization on the base date for selection: 20% ・Disclosure of English Earnings Information via TDnet (Company Announcements Distribution Service in English
40 11 28% 30 50 -20 -40% Distribution costs -90 -70 -20 29% -62 -59 -3 5% Administrative expenses -108 -181 73 -40% -75 -150 75 -50% Finance cost - Interest expenses -11 -11 - - -8 -7 -1 14% Corporate
, attributed to 4% growth of Chemical distribution business which rose from 257.5 mil. baht to 267.0 mil. baht whereas Commission income dropped 2.6 mil. baht. Income from Property rental plunged by 20% from
% Other Income 115 77 38 49% 88 104 - 16 -15% Distribution costs 359 311 48 15% 276 266 10 4% Administrative expenses 594 650 - 56 -9% 441 509 - 68 -13% Finance cost - Interest expenses 49 41 8 20% 34 28 6
(507) (719) 212 -29% (387) (610) 224 -37% Gross Profit 168 229 (61) -26% 108 172 (64) -37% Other Income 23 2 21 1351% 32 10 22 209% Distribution costs (62) (88) 26 -30% (48) (67) 19 -28% Administrative
income 1,137 896 241 27% 1,000 824 176 21% Cost of sales and services -812 -647 165 25% -721 -613 108 18% Gross Profit 325 249 76 31% 279 211 68 32% Other Income 10 5 5 100% 18 9 9 100% Distribution costs
as income from property rental dropped 12% or 4.1 mil. baht to 30.7 mil. baht due to the decline in occupancy rate. Income from Chemical Distribution business increased marginally from 226.3 mil. baht