and, consequently, build a strong company culture. Further analysis validates the results, including propensity score matching (PSM), entropy balancing, an instrumental-variable analysis, Lewbel’s (2012

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

Senior USD 100 Face Value USD 100 Green Bond (GB) Selected features for green and conventional bond matching pairs 1) Variable used in Propensity Score Matching Approach 2) Variable used in Coarsened Exact

use “shortcuts” in their investment decisions. • Brown and Yang (2016) analyze horse race betting data and find greater propensity to quote odds at round numbers, which they suggest is reflective of

โดยจับคู่ตราสารหนี้ 2 ชนิด คือ Green bond และ Conventional bond ที่มีคุณสมบัติตามกำหนดเหมือนกันทุกประการ แนวทางที่ 2 Propensity score matching เป็นการวิเคราะห์ Greenium โดยการจับคูต่ราสารหนี้ 2 ชนิดที่

. • Corporate governance to enhance value and protect minority shareholders. - Cost of capital reduction. - Reducing monitoring costs. - Information risk, transparency and quality of details. - Capital waste

Source: Bloomberg, compile by Research and Data Department, SEC , Thailand (as of 6/2023) Average spread (bps.) ดว้ยวธิกีารศกึษา Exact matching และ Propensity score matching (PSM) Literature review SEC

promote transparency and disclosure, thereby underpinning the integrity of the market. The Principles also raise awareness of the importance of environmental and social impact among financial market

projects that contribute to environmental sustainability. The Green Bond Principles (GBP) promote integrity in the Green Bond market through guidelines that recommend transparency, disclosure and reporting

/or seek to achieve positive social outcomes. The Social Bond Principles (SBP) promote integrity in the Social Bond market through guidelines that recommend transparency, disclosure and reporting. They