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rig h ts re se rv e d . D ig ita l In fra stru c tu re fo r C a p ita l M a rk e t R e v is e d B u s in e s s P ro c e s s : B o n d F ilin g & P rim a ry M a rk e t (d a ta a s o f 2 2 n d S e p te m
continuous improvement in consumer confidence and household income. Private investment expanded in line with private consumption and capital outlays arising from production relocation to Thailand of some
A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating earnings benchmarks extensively documents that market rewards firms reporting a string of consecutively earnings increases. To date, it is still unclear what an earnings string really means. This paper empirically provides rational explanations for this phenomenon by investigating whether the increment...