heteroscedasticity-robust standard errors. ***, ** and * = Statistical significance at the 1%, 5% and 10% level, respectively. CRT and the decision to take a complex tax incentive (Dep. variable = Opted for complex

crypto traders (particularly high-risk individuals) take more risk after losses (particularly during downturn)  Thai crypto (low-risk) individuals take more risk after paper losses, and less risk after

observations where an individual change their behavior when certain stimuli are applied. Behavioral research in Finance rests on this assumption that external stimuli will cause individuals, which are otherwise

Oster’s (2019) testing for coefficient stability. Our results survive all the robustness checks and thus appear to be strongly robust. Therefore, our results likely reflect a causal effect, rather than a

workers are closeted at work • 53% of LGBTI individuals hear jokes about lesbian or gay people • 67% of LGBTI individuals experienced discriminatory comments • 17% of LGBTI individuals feel exhausted from

, sovereign wealth funds and mutual funds), or asset managers to which such collective vehicles or individuals allocate funds. We note that in controlled companies (where there is a dominant shareholder or

core objective of building a robust foundation for the financial reporting ecosystem, with a special focus on extending the efforts in promoting stakeholders’ better understanding of their roles and the

governance structures, and respond to any recommendations arising from them, to ensure that they meet expectations of accountability. Governing bodies, and where relevant, individuals in a fiduciary position

Statistics...........................................................................................37 Contents Executive Summary Over the past year, the SEC continued to build on a robust foundation for

from 3.3 percent in 2016 on the back of rising exports and a robust tourism sector, consistent with a stronger recovery in global demand. Headline inflation rose to 0.7 percent, following higher energy