mere association. Finally, we also investigate the prediction of the critical mass theory, which posits that female directors matter if there are enough of them on the board. Prior research suggests that

, the prediction can be used to rate the companies and compared with credit ratings announced by credit rating agencies. The model so developed impressively gave more accurate prediction on the financial

aimed to create a model for predicting probabilities of falling into financial hardship in cases of listed companies by applying non-complex data and technique. Besides, the prediction can be used to rate

-corruption Progress Indicators assessment helps to gauge the overall development of listed companies and could be a guideline for laying out a business strategic plan. From investors? standpoint, the

terminal growth rate and discounted rate used in the assumptions are based on management of the subsidiary’s judgment and past experience and business plan, as well as the future prediction that is believed

assumptions are based on management of the subsidiary’s judgment and past experience and business plan, as well as the future prediction that is believed to be reasonable in the present situation and compared

, as well as the future prediction that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. Conclusion : The Group reported a loss

the future prediction that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. In addition, the Group has adjusted and restated

specific business of MODERN while attending the Board of Executive Directors meeting. Such inside information supported the prediction that the net profit of the second quarter of 2016 would drop

the information on the operating results of a specific business of MODERN while attending the Board of Executive Directors meeting. Such inside information supported the prediction that the net profit