?Persistence of Equity Mutual Fund Performance in Thailand? evaluated whether or not the performance of Thai equity funds persist. Good mutual funds should provide both returns satisfying investment goals of
as local wisdom, art and culture or creativity based businesses, such as alternative energy, software, movies, contents and animation industries. Knowledge on fund raising and required preparation will
agencies have laid out policies to promote and support enterprises whose main objective is to solve social and environmental problems through creativity and innovations. Such enterprises can also generate
and services to propel recognition of Thailand?s innovation and creativity worldwide.Vorapol Socatiyanurak, SEC Secretary-General said that the SEC has encouraged creative-based businesses, such as
-financial-innovation Nakarin Amarase, Ph.D. Head of External Affairs, Corporate Strategy Function, Siam Commercial Bank PCL. SEC Capital Market Symposium 2023 Financial Innovation Economic Growth Creativity
fundamentals, earnings persistence, and future earnings (e.g. Lev and Thiagarajan, 1993). More specifically, when investors observe a pattern of increasing earnings, they can infer that a firm has stronger
for business expansion, enhance competitive edge and foster creativity and innovation, it will bring about mutual benefits to the country sustainable development in the long run. Vorapol Socatiyanurak
earnings and firm value (e.g. Lev and Thiagarajan, 1993; Abarbanell and Bushee, 1997; Tomy, 2012; Yao, 2014). • If fundamental information is manifested in earnings persistence or reflects earnings growth
ตอบแทนให้สอดคล้องกับเป้าหมายของผู้ลงทุนภายใต้ความเสี่ยงที่สามารถยอมรับได้แล้ว ควรมีความสม่ำเสมอ (performance persistence) ในการรักษาระดับผลการดำเนินงานแต่ละปีให้สูงกว่า ผลตอบแทนการลงทุนมาตรฐาน โดยผลการ
. 10240 Email: pariyada.s@nida.ac.th Vol.7 No.2/2013 Persistence of Equity Mutual Fund Performance in Thailand Sorasart Sukcharoensin* and Pariyada Sukcharoensin** Abstract This study investigates the