SEC Secretary-General Ruenvadee Suwanmongkol said: “The auditing context has evolved significantly over time. The SEC thus revises the requirements on approval of auditors in the capital market specified in the SEC Office Notification No. Sor Shor. 39/2553 to be in line with the current situation. The amendments aim to facilitate high potential auditors’ entry into the capital market to sufficiently support capital market growth. Essentially, the amendments will (1) lower the requirement...
) report evidence consistent with firm fundamentals being positively associated with both earnings persistence and future earnings growth. Their results suggest that investors infer earnings persistence from
August 2015 http://www.ku.ac.th/web2012/ Why is it interesting? • There is anecdotal evidence that a number of managers likely focus on creating consistent earnings growth. • In addition, scientific
?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
, we use the Carhart (1997) 4-factor adaptation of the Fama and French (1993) 3-factor model that includes the momentum (returns persistence) factor.4 For each stock in the sample, we estimate its beta
that time which was not consistent with the normal market conditions. Additionally, he continuously traded RICH shared which results in the purchase or sale of such securities which was not consistent
Limited (MILL) in concealment to mislead the general public to believe that MILL shares were purchased or sold in great volume or the price of MILL shares had changed at that time which was not consistent
shares had changed at that time which was not consistent with the normal market conditions. Additionally, she continuously traded MILL shared which results in the purchase or sale of such securities which
concealment to mislead the general public to believe that MILL shares were purchased or sold in great volume or the price of MILL shares had changed at that time which was not consistent with the normal market