Quantitative methods in accounting research A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals Sarayut Rueangsuwan Kasetsart University SEC Working Papers Forum 19th

uncertainty. Assuming that investors are able to calculate variability of future earnings and employ it as an estimation of fundamental risk. They perceive that future earnings variability is lower for firms

introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we

economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government

to conform with the government’s preventive measures. The Company and subsidiaries are still be able to operate as normal. However, under the uncertainty and highly fluctuate market during this COVID

operations. 1.1 Factors that affect business operations. In the year 2018, the Company affected from; prices of raw materials, cotton and polyester, risen since the second quarter; uncertainty of crude oil

less experienced partners or auditors, which would decrease the risk of not being able to identify the discrepancies or the material misstatement in financial statements. - The firm’s leaders prioritize

costs. And there are the problem of liquidity of working capital. And still have a lot of accumulated losses in the past. Therefore, when the company is able to sell the investment in such subsidiary at a

there are the problem of liquidity of working capital. And still have a lot of accumulated losses in the past. Therefore, when the company is able to sell the investment in such subsidiary at a reasonable

from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty