?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
among investors to cause excessive trading and Kyle and Wang (1997) show why this overconfidence may persist over long periods of time. Linking these two ideas could also explain why so many studies have
Essays on Open-Ended on Equity Mutual Funds in Thailand Roongkiat Ratanabanchuen and Kanis Saengchote* Chulalongkorn Business School ABSTRACT Mutual funds provide a convenient and well-diversified option for households make intertemporal fund transfers for their future needs. In this collection of three short essays, we investigate open-ended equity mutual funds in Thailand that invest in domestic equity during 2005 to 2016. While these funds collectively account for only 13.4% of assets under m...
US, Europe, and Asia during Q1/2019. Also contributing, the trade war between the US and China which is likely to persist, even though President Trump has announced the deferment of tax on Chinese
persist in reporting streaks of increasing earnings. As a result, I investigate whether future earnings growth is weakly associated with longer past earnings strings. This test allows me to assess to what
1 SEC Classification : ใชภ้ายใน (Internal) Corporate culture and board gender diversity: Evidence from textual analysis Abstract Exploiting a distinctive measure of corporate culture based on advanced machine learning, we investigate the effect of board gender diversity on corporate culture. Our results demonstrate that greater board gender diversity considerably strengthens positive corporate culture. The findings support the notion that board gender diversity enhances board oversight and helps...
and continuance. However, the deficiencies in the engagement performance continue to persist in a number of the audit firms. A. Firm level Elements Leadership responsibilities 20 15 15 15 15 15 15 15 15
chain and sourcing of raw materials that are used in its products. To the extent such conditions occur or persist, they could have an adverse impact on the results of operation and financial condition of
in order to stabilize the financial system. Nevertheless, as the COVID-19 situation has shown no clear sign of improvement and may persist throughout the first half of this year or beyond, pending the
Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary ....................................................... Quality Assurance Review Panel ................................... Activities for Enhancing Audit Quality ............................ Summary of Audit Inspection Results A. Firm Level ............................................................ B. Engagement Level ..........................