This paper investigates if risk seeking investors substitute gambling activities for stock markets participation when volatility increases in stock markets. Using a large cross-section dataset of 20
volatility, after losses, results in ex-post good outcomes? Unclear why the difference in individuals’ risk-aversion level should have an impact on the empirical results of realization effect? Compare with
holders or warrant substitute holders will receive once they exercise their rights under warrant or warrant substitute. However, currently the Company is not able to calculate the right adjustment ratio of
described hereinafter shall not subordinate any returns, which the warrant holders or warrant substitute holders will receive once they exercise their rights under warrant or warrant substitute. However
the warrant holders or warrant substitute holders will receive once they exercise their rights under warrant or warrant substitute. 9 However, currently the Company is not able to calculate the right
/ zero-emissions solutions are possible within a reasonable timeframe - transition should be towards those solutions. For others, there are no such solutions. Instead, substitute low-emission activities
firms 6. Audit risks related to developments in the audit firms and profession Big data / data analytics • Impact that “big data” will really have to the audit remains unclear to regulators and the firms
securities business is lost or destroyed, the association related to securities business may submit an application for a substitute of the license. Clause 6 A license for establishment shall take effect on its
profit 34,312 47% 20,859 50% Sales from Producing and distributing electronics spare parts Revenue from sales increased from year 2019, because of increased in diode order from USA to substitute products