. SKILLS AND BEHAVIOURS, i.e. will C. ATTITUDES, CONFIDENCE AND MOTIVATIONS 1. Basic investing principles and concepts • Explain the difference between saving and investing. • Explain the difference between

in 2018, the company booked additional accrued bonuses while in the past the company paid compensation to employees only in the form of incentives. Therefore, there were both incentives and accrued

reported earnings objective - to avoid loss - to increases in annually earnings - to meet analysts’ earnings forecasts 4 Motivations to Manage Earnings Internal factors External factors Firm’s

different decision motivations. Kumar, Page, 10 Spalt (2011) find religion impacts appetite for gambling in stock markets, Kumar and Lee (2006) find sentiment is strong factor in trading and Korniotis and

of voluntary information disclosure via social media, firms would be facing incentives to only release positive news…but do they? • Trueman (1997) proposes a model showing that rational managers also

observations, and the combination of these causes. 4 In addition to equity market benefits, there are compensation-related benefits to MBEB. Ke (2001) argues that CEO’s bonus incentives and equity-based

that firms use RTOs as a short- cut to listings after review of regulation, analysis of characteristics, and readings of motivations to conduct RTOs in circulars. • Short-term positive CAR and improved

Worraphan Trakarnsirinont Weerapong Kitiwong Department of Accounting, Faculty of Business Administration Chiang Mai University Motivations • Financial VS. Non-financial information • Sustainability

al. (2019) • If government subsidies were misused (improper incentives & inaccurate) information. • Inefficient resource allocation. • Unfair market competition. • Corrupt practices. 5 GOVERNMENT

year. However, 4th quarter company recognized tax income from BOI incentives that permit to carry forward losses (as in the early stage of first production line operation, company has annual losses) and